NOMADEReal Estate

$2,195,000

Under Contract - Continue to Show

125 Main Street

Old Saybrook, Connecticut, 06475 · Middlesex County

0

Beds

5

Baths

7,985

Sq Ft

1918

Built

MLS # 24138053

Price / Sq Ft

$275

Property Type

Commercial For Sale

Lot Size

0.23

Class

Property

About This Property

Great mixed-use opportunity. Fully leased office building with town-approved one-bedroom apartment on Second Floor with kitchen, full bath including washer/dryer. Great opportunity to own a mixed-use property on beautiful Main Street in Old Saybrook. Established salon with long term lease on first floor. The one bedroom apartment on the second floor has been carpeted and painted and has separate heat control from all office spaces. Opportunities exist for additional apartments with proper permitting. The front of the building faces the heart of Downtown Old Saybrook with shops, restaurants, art and dance studios and The Kate all within walking distance. The rear of the building faces Pine Street and boasts a 25-car parking lot surrounded by chain link fencing and a storage shed. Opportunities exist for other uses of this area with proper permitting. The building has a full sprinkler system with associated central station alarms. Easy access to RT. 95 and RT.9.

Property Details

125 Main Street, Old Saybrook Connecticut 06475 — Commercial For Sale listed at $2,195,000.

At a Glance

0

Bedrooms

5

Bathrooms

7,985

Sq Ft

0.23

Lot Size

--

Garage

1918

Year Built

The Details

Property TypeCommercial For Sale
NeighborhoodMiddlesex
Address125 Main Street
MLS Number24138053
Year Built1918
Square Footage7,985
Lot Size0.23
Bedrooms0
Bathrooms5
Water SourcePublic Water Connected

Property Details

Financial

Assessed Value595000
Mil Rate Total15.5
Property Tax9223
Tax YearJuly 2025-June 2026

Property Features

Cooling SystemCentral Air,Window Unit
Heat Fuel TypeOil
Heat TypeHot Air
Roof InformationAsphalt Shingle

Location & Community

DirectionsRt 1 to Main Street
LocationDowntown
NeighborhoodN/A

All Photos (35)

Affordability Calculator

$2,195,000

Down Payment$439,000
Loan Amount$1,756,000
Principal & Interest$11,099/mo
Property Tax$2,195/mo
Insurance$100/mo
Est. Monthly$13,394/mo

Listing Agent

G

Gary Marino

William Raveis Real Estate

Contact Gary Marino

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Quick Facts

StatusUnder Contract - Continue to Show
TypeCommercial For Sale
ClassProperty
MLS #24138053
Last Updated2026-05-06