2 Parcels with existing buildings on Route 1

Retail-Commercial for Sale
Catylist Listing ID: 30293134
Property Subtypes: Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Building Size (RSF): 2,676 SF
Gross Building Area: See Agent
Gross Land Area: 1.76 Acres
Sale Price: $1,250,000
Unit Price: $467.12 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 1/7/2019

Overview / Comments

Restaurant Building: 2,676 SF, 20 Parking spaces. House: 1,156 SF, 2 Bedrooms, 1 Bathroom. Two Lots: 1.76 Acres - Acres: #43: 0.3, #45: 1.46. Mini Golf Course on #45. Public Water & Septic. Visible Frontage: 111 Ft. Taxes: #43: $2,186. #45: $7,546. Traffic Count: Route 1: 13,800, Route 1/Route 154: 23,400. Possibility of additional land available for redevelopment

Additional Details

Nearest MSA: Hartford-West Hartford-East Hartford
County: Middlesex
Tax ID/APN: 042/030-0001
Zoning: B-4
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Largest Nearby Street: Route 1 aka Boston Post Rd.
Feet of Frontage: 111
Traffic/Vehicle Count: 23,400
Highway Access: i-95
Area Description: Near downtown Old Saybrook, I-95, train station and on Route 1.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Property Condition: Good
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 682 15,306 30,383
Median Age: 45.63 50.66 48.88
Households: 279 6,620 12,869


Photograph of Listing Agent

Ronald E. Lyman

Lyman Real Estate CTCList Member
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