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123 Elm St

900 - 3,600 SF Office Condo Units Offered at $78,000 - $348,000 Per Unit in Old Saybrook, CT 06475

Investment Highlights

  • LVP flooring throughout + Mid-Century Details
  • ADA accessible with tons of natural light and balconies, porches, patios
  • Ample Parking convenient to Route 1 and I-95

Executive Summary

Condo Office Suite 2 blocks from Boston Post Road in Old Saybrook. Easy access to the Retail Corridor, Main Street, and I-95. Area amenities include restaurants, shops and service businesses including banks, day-care, pet care within easy reach of 123 Elm Street. Flexible two-story suite is ideal for collaborative work as it sits and can be reconfigured for any use. 3 large conference/training rooms and 4-8 perimeter offices + 3 lavs and full sized kitchenette in the suite. Suite can be leased at $15.90psf + utilities.

Property Facts

Price $78,000 - $348,000
Unit Size 900 - 3,600 SF
No. Units 2
Total Building Size 3,700 SF
Property Type Office
Property Subtype
Medical
  • OfficeLoft Creative Space
  • Office Telecom Hotel Data Hosting
  • Office Industrial Live Work Unit
Building Class B
Floors 2
Typical Floor Size 1,850 SF
Year Built 1985
Parking Ratio 18.92/1,000 SF

2 Units Available

Unit 1300

Unit Size 3,600 SF
Price $348,000
Price Per SF $96.67
Condo Use Office
Sale Type Owner User
No. Parking Spaces 16
APN/Parcel ID 036/ 059/ U013/ /
Description

123 Elm Street Unit 1300-1500
Incredible Satellite office Suite on Connecticut’s 2nd gold coast.  123 Elm Street is a 3600 SF office suite, discreetly tucked behind the heart of Old Saybrook’s retail corridor. Just ¼ mile from I-95 and a large Day-Care Center.
Excellent general office. Highly parked surface lots support at least a dozen employees in the office plus visitors. The bucolic setting is also ideal for Cosmetic Surgery Suites, Dentistry, Wellness, or Therapy spaces. Your a-List clientele can keep the Paparazzi at bay.
Walk in the front door. The space opens to a bright flexible first floor with two large spaces currently used as training and conference spaces, as well as a lovely kitchenette with a (Bonus Alert!) Full-Sized Refrigerator. The second floor is defined by a unique architectural semi-circle of dark wood, mid-century modern workspaces.  Dividers between the desks open for collaborative workflows or disassemble the entire structure to reveal more than 700sf of wide-open space.
Full height basement storage is a plus.  This flexible office is the pinnacle of suburban office living.

Buy your destiny!

And adjacent, but not abutting suite of 3 offices is available in the same complex.  This Suite is also available for lease.

Sale Notes

Perfect Office, Dental Office, Medical-Wellness Suites
Flexible Floor Plans are great for Creative Space Use and Creative Spaces: production, design, gallery uses.
Legal, CPA, Real Estate, Investment and Financial Firms have a great base in this space.
Great Location for a Suburban Satellite Summer Office Hub for  second home city dwellers.

Unit 1200

Unit Size 900 SF
Price $78,000
Price Per SF $86.67
Condo Use Office
Sale Type Owner User
Description

Small square footage with that large footprint feel. This Condo Office Suite delivers Efficiency.  

Walk into an airy waiting room for 10 or transform it into an open office, huddle room or lounge. The additional designated conference room easily transforms into an open office for 4 or more or two private offices.  The space is rounded out by 2 additional private offices.

Natural light and operating windows plus glass entry doors make this airy and sun soaked office feel more like a tree house than a cube farm.

Just beyond the coffee bar, step out onto the balcony and bask in the sun. Ample parking at this two building complex.

Located seconds from the heart of Old Saybrook’s retail corridor, this office suite is central to everything that makes your work days flow: lunch spots, groceries, hardware store, Staples and plenty of places on-site to enjoy lunch or a call at a bistro table al-fresco.  

Isn’t it time to own your experience in your business?

Sale Notes

Great Location-2 blocks from Rte 1. Easy access to I-95.  Daycare center within .25 mile.  Great for owner occupant.

Also available for lease $14.95sf + utilities

zoning

Zoning Code B-2 (B-2 Business/ Commercial)
B-2 (B-2 Business/ Commercial)
  • Listing ID: 33567685

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: 123 Elm St, Old Saybrook, CT 06475

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