93 Elm St 93 Elm St Local commercial 641 m² 100 % Loué À vendre Old Saybrook, CT 06475 1 312 455 € (2 048,30 €/m²)

Dynamic Mixed-Use Investment Opportunity with Prime Visibility and Turnkey Restaurant
Located at 93 Elm Street, Old Saybrook, this exceptional mixed-use property offers a rare combination of immediate income, high-traffic exposure, and flexible commercial space—perfect for investors or owner-operators. Positioned at the entrance of the bustling Stop & Shop/Walmart Plaza and directly across from a new 250+ unit apartment complex, the property enjoys unmatched accessibility just off the I-95 Elm Street exit. This prime location with high visibility and accessibility plays a pivotol role in customer draw.
The fully leased residential component includes two updated apartments in excellent condition with separate utilities and new Navien heating systems, generating steady rental income. The commercial portion features a turnkey restaurant with a liquor license, new FF&E, ANSUL fire suppression system, walk-in cooler, multiple sinks, ADA-compliant bathrooms, seating for 40+, and a versatile layout that supports both dine-in and separate takeout operations—ideal for a deli, café, or quick-service concept by day and full-service dining at night.
Additional features include a private office, commercial space with bath potential, partially finished basement, multiple storage/warehouse areas, and a large garage with conversion potential. Outside, a newly paved parking lot accommodates 16 vehicles, and a finished patio expands dining or event options. A brand-new septic system adds operational peace of mind.
Whether you're looking to establish a flagship restaurant, retail or professional office, or capitalize on a cash-flowing mixed-use asset, 93 Elm delivers flexibility, functionality, and long-term growth potential in one of the area's most visible and active corridors.