3 Town Beach Road Old Saybrook, CT $ 949,000
3 Town Beach Road
$ 949,000
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3 Town Beach Road

Old Saybrook, CT, 06475
$ 949,000
Baths1.0 Sq 3,472

Monthly Estimate*

$ 6,307

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Studio

Commercial Property for sale in Old Saybrook, CT

for $949,000 with 1 full bath. This 3,472 square foot building was built in 1960 on a lot size of 0.13.

INVESTMENT OPPORTUNITY - CORNFIELD POINT BEACH ASSOCIATION! This property presents a rare opportunity to own a versatile space that combines commercial and residential appeal. Whether you're seeking a lucrative investment, envisioning your own Airbnb, or own beach escape, this property offers endless possibilities. Situated in the sought-after Cornfield Point Beach Association, this property is at the entry of this very desirable beach community with many residents and guests driving by daily! The property boasts a flexible layout, featuring a spacious storefront ideal for retail, caf?, breakfast/lunch destination or ice cream! Additionally, there's a separate residential unit upstairs with 4 bedrooms, oversized deck, plenty of parking, full bath providing a rental opportunities. Maximize your investment with dual income streams. Whether you choose to lease out the storefront, rent the residential unit, or utilize both spaces for personal and commercial purposes, this property promises lucrative returns and financial flexibility. There is also the option of converting the storefront into 1-2 apartments. Walk or bike to Cornfield Point Beach/two town beaches, Main Street's shops, restaurants are a short drive/bike ride away, as are the Kate Cultural Arts Center, Fenwick Golf Course and Saybrook Point. Just a few hours from NYC or Boston, your private shoreline retreat is calling you. No flood insurance required.

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Commercial Active

Price

$ 949,000

Bedrooms

Studio

Full Bath

1

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

0.13

Year Built

1960

Town/City

Old Saybrook

MLS | Web ID

24004763

Features
General
Interior Features Living Space Available
Zoning A
Full Baths 1
Half Baths 0
Year Built 1960
Neighborhood Cornfield Point
Heater Type Baseboard
County Middlesex
Present Use storefront/residential
Tax Year July 2023-June 2024
Location Other
Property Type Commercial For Sale
Status Active
Acres 0.13
Directions GPS Friendly. Main Street take a right on Maple Avenue. At the end cross over and 3 Town Beach Road is on the corner.
City Old Saybrook
Street Name Town Beach
Sq Ft Total 3472
DOM 78
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Interior
Cooling System None
Total Rooms 0
Utilities Available Electric Gas Available Cable Available
Total Bathrooms 1
Total Bedrooms 0
Total Number of Units 2
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Exterior
Water Source Public Water Connected
Garage Parking Paved Parking Lot Driveway
Lot Description Corner Lot Dry
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* Excluded Features
List By
Sharon Linder

Listing Agent

Berkshire Hathaway Ne Prop.

Broker

sharonlinder@bhhsne.com

Email

Affordability Calculator

$6,307
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,307
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/22/2024$949,000 Listed Price

Map


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3 Town Beach Road, Old Saybrook, CT, 06475 is a Commercial Property for sale at $949,000 with 3,472 sqft and a lot size of 0.13. 3 Town Beach Road is a studio with 1.0 baths and was built in 1960. The property's zip code is 06475 which is in Old Saybrook, CT