Sq Ft
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Old Saybrook, Connecticut
Prime Mixed-Use Investment & Development Opportunity - Old Saybrook, CT Attention investors, developers, restauranteurs, and retail property owners: Situated on a high-visibility corner lot along Boston Post Road, this mixed-use property combines strong existing income with exceptional development potential in one of the shoreline's fastest-growing markets.The offering includes:9,060 SF fully renovated commercial building (on 0.97 acres) currently operating as a restaurant with banquet space, lounge, private office, dining areas, waiting room, and multiple restrooms. 1,300 SF single-family residence generating consistent rental income. 3.75 acres of land (approx. 70% developable, 30% wetlands) offering expansion potential for retail or multifamily/apartment development.Shared and expanded parking lots servicing both structures.Old Saybrook has seen a wave of successful mixed-use and retail/residential developments along Boston Post Road - including 907 Boston Post Rd. (Saybrook Junction redevelopment) and 980 Boston Post Rd. (commercial/retail expansion) - demonstrating the town's strong demand for high-quality investment property. All assets (commercial building, residence, and land) are to be sold together. Final approvals subject to buyer due diligence with the Town of Old Saybrook Planning & Zoning.
Listing Courtesy of Century 21 AllPoints Realty
Our team consists of dedicated real estate professionals passionate about helping our clients achieve their goals. Every client receives personalized attention, expert guidance, and unparalleled service. Meet our team:
Broker/Owner
860-214-8008
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Broker/Owner
843-614-7222
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Associate Broker
860-383-5211
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Realtor®
860-919-7376
Email
Realtor®
860-538-7567
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Realtor®
860-222-4692
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Realtor®
860-539-5009
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Realtor®
860-681-7373
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Realtor®
860-249-1641
Email
Acres : 0.97
City : Old Saybrook
Cooling : Central Air, Ductless
County : Middlesex
Flooring : Wood
Foundation : Concrete
Garage Parking : Paved
Description : Corner Lot, Some Wetlands, Additional Land Avail., Level Lot
Neighborhood : N/A
# Restrooms : 6
# Tenants : 2
Parcel : 1026356
Total Parking Spaces : 125
Postal Code : 06475
Roof : Asphalt Shingle
Sewage System : Septic
Residential SqFt : 1296
Retail SqFt : 9060
Total SqFt : 205603
Tax Year : July 2025-June 2026
Watersource : Public Water Connected
weeb : RPR, IDX Sites
Phone
860-384-7624
Address
20 Hopmeadow St, Unit 821, Weatogue, CT 06089