744 Boston Post Rd, Old Saybrook, CT 06475

$850,000
2
BA
1,938
SqFt

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Sold Price
$850,000
List Price
$875,000
Status
CLOSED
MLS#
24053435
Closing Date
Dec 23, 2025
Year Built
1970
Bathrooms
2
Acres
0.37
Living Area
1,938
Neighborhood
N/A

Property Description

Prime Commercial Opportunity in Old Saybrook's Shoreline Community 1,938 SF building with large display windows, abundant natural light, and a strategic location with 400' of road frontage across three streets. Situated at the signalized intersection of Boston Post Road (US-1) and Elm Street, this high-traffic area is ideal for businesses seeking visibility and accessibility. Located in a high-density area, the property is directly across from a bustling shopping center, major retailers, restaurants, and various service businesses. Zoned in the B-1 Central Business District, it accommodates a wide range of uses, including retail stores, professional offices, banks, financial institutions, healthcare providers, and medical/dental clinics. Currently set up for food service, the building includes a kitchen, WIC freezer, two hoods, counter, dining area, and two accessible restrooms. Outdoor dining is permitted, though no drive-thru is available. Ample parking and high visibility and limitless business opportunities. Additional features include a grandfathered freestanding sign with sign allowances. Potential tenants are available. For more information, reach out to agents directly. Ideal for a franchise or various business ventures! Property being sold as is. Buyers and agents to do their diligence as to the condition of the property. Currently unoccupied. Cap Rate is placeholder based on assumptions depending on the tenant and using average sq foot rates in area

Additional Information

Taxes
$8,979
Lot Size
16,117
Interior Features
Public Restroom
Heating
Hot Air
Cooling System Type
Central Air
Sewer
Septic Tank
Water Source
Public
Exterior Features
Sidewalk, Lighting
Parking Spaces
24

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Joe Wren from William Raveis Real Estate. (860) 202-0693 (860) 388-3936

Selling Office: Coldwell Banker Realty.

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