3 Town Beach Road Old Saybrook, CT 06475
1 bath / 3,472 Sq. Ft. / 5,663 Sq. Ft., 0.13 acres lot size / Business Opportunities
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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.
property details
Type
Business Opportunities
Status
Active
County
Middlesex
Year Built
1960
Full Baths
1
Sq. Ft.
3,472
Lot Size
5,663 Sq. Ft.
Listing Id
24004763
Courtesy Of
Sharon Linder - Berkshire Hathaway NE Prop. +1 860-460-8862
List Office Phone
+1 (860) 575-8225
Interior Features
Living Area Units
Sq. Ft.
Full Baths
1
Bathrooms Total
1
Exterior Features
Roof
Asphalt
Lot/Land Description
Corner Lot
Parking Spaces
6
Utility & Building Info
Sewer
Septic Tank
Parcel Number
1023035
Cooling
None
Water Source
Public
Heating
Gas Heat
Electric Heating
Oil
Propane
Baseboard
Electric Heating
Oil
Propane
Baseboard
Tax Amount
6960
Building Area Total
3,472 Sq. Ft.
Price Per Sq Ft
$273
Architectural Style
Other
Price History
| date | event | price | source |
|---|---|---|---|
|
03/22/2024
03/22/2024
|
Active |
$949,000
|
Smart MLS |
View More
Market Trends
Source: LiveBy
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