Prime Mixed-Use Investment & Development Opportunity - Old Saybrook, CT Attention investors, developers, restauranteurs, and retail property owners: Situated on a high-visibility corner lot along Boston Post Road, this mixed-use property combines strong existing income with exceptional development potential in one of the shoreline's fastest-growing markets.The offering includes:9,060 SF fully renovated commercial building (on 0.97 acres) currently operating as a restaurant with banquet space, lounge, private office, dining areas, waiting room, and multiple restrooms. 1,300 SF single-family residence generating consistent rental income. 3.75 acres of land (approx. 70% developable, 30% wetlands) offering expansion potential for retail or multifamily/apartment development.Shared and expanded parking lots servicing both structures.Old Saybrook has seen a wave of successful mixed-use and retail/residential developments along Boston Post Road - including 907 Boston Post Rd. (Saybrook Junction redevelopment) and 980 Boston Post Rd. (commercial/retail expansion) - demonstrating the town's strong demand for high-quality investment property. All assets (commercial building, residence, and land) are to be sold together. Final approvals subject to buyer due diligence with the Town of Old Saybrook Planning & Zoning.

Listing courtesy of Tyler DeVecchis of Century 21 AllPoints Realty (860) 966-9217



The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc.
Last checked: 2025-11-10 03:42 AM UTC.