93 Elm Street

Old Saybrook, CT 06475

VERSATILE MULTI-USE COMMERCIAL BUILDING IN PRIME DOWNTOWN LOCATION Located at 93 Elm Street in Old Saybrook, this prime mixed-use property offers strong income, high visibility, and flexible commercial space-ideal for investors or owner-operators. Positioned at the entrance to the busy Stop & Shop/Walmart Plaza and across from a new 250+ unit apartment complex, it enjoys excellent accessibility just off the I-95 Elm Street exit. The property features two fully leased apartments with separate utilities and new Navien heating systems, generating steady rental income. The turnkey restaurant includes a liquor license, new FF&E, ANSUL fire suppression system, walk-in cooler, multiple sinks, ADA-compliant bathrooms, and seating for 40+. Its flexible layout supports both dine-in and takeout operations, perfect for a cafe, deli, or full-service concept. Additional highlights include a private office, commercial space with bath potential, partially finished basement, warehouse/storage areas, and a large garage with conversion potential. A newly paved lot offers parking for 16 cars, and a finished patio expands outdoor dining options. A new septic system adds peace of mind. Whether you're seeking a flagship location, a mixed-use investment, or room to grow your vision, 93 Elm delivers turnkey income and long-term potential in a thriving commercial hub.

Listing courtesy of Joe Wren of William Raveis Real Estate



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: 2025-08-03 06:49 PM UTC.