880 Boston Post Road
Old Saybrook, CT 06475
$1,500,000
Unique mixed-use investment and redevelopment opportunity. The ground-floor commercial spaces are fully occupied, providing immediate rental income, while the upper level offers approximately 3,540 square feet of office space. The expansive second floor may also offer the potential to be converted into two oversized three- or four-bedroom residential units, subject to zoning and municipal approvals. This property combines stable existing occupancy with significant value-add potential in a desirable shoreline location.
| Listing Id: | 24194226 |
|---|---|
| List Price: | $1,500,000 |
| Property Type: | Commercial Sale |
| Status: | Active |
| Bank Owned Property: | No |
| Baths Full: | 1 |
| Living Area Sqft Per Public Record: | 13,836 |
| Property Tax: | $8,456 |
| Acres: | 0.51 |
| Direct Waterfront Yn: | No |
| City: | Old Saybrook |
| County: | Middlesex |
| Postal Code: | 06475 |
| Year Built: | 1960 |
| Total Number Of Units: | 7 |
| Ada Compliant Yn: | Yes |
| Additional Space Available Yn: | Yes |
| Agent Owner Yn: | No |
| Assessed Value: | $536,200 |
| Basement Description: | No |
| Baths Total: | 1 |
| Business Included Ynn: | Yes |
| Comp Only Manual Yn: | No |
| Cooling System: | Central Air |
| Current Price: | $1,500,000.00 |
| Directions: | GPS |
| Display Fair Market Value Yn: | No |
| Documents Available: | None |
| Flooring: | Tile, Wall-to-Wall Carpet |
| Heat Fuel Type: | Propane |
| Heat Type: | Hot Air |
| Listing Contract Date: | 2026-07-24 |
| Location: | Suburban, Strip Mall |
| Lot Description: | Level Lot |
| Mil Rate Total: | $15.77 |
| Status: | Active |
| Net Operating Income: | $91,356 |
| Number Of Restrooms: | 8 |
| Number Of Stories: | 2 |
| Number Of Tenants: | 5 |
| Occupied By: | Tenant |
| Original List Price: | $1,500,000 |
| Parcel Number: | 1027162 |
| Parking Spaces Uncovered: | 25 |
| Possession Availability: | Vacant & Occupied |
| Potential Short Sale: | No |
| Potential Use: | Retail/Offices/Residential |
| Preferred Phone: | (475) 227-4312 |
| Present Use: | Retail/Office |
| Price: | $1,500,000 |
| Road Frontage Description: | State Road, Paved Road |
| Roof Information: | Asphalt Shingle |
| Sewage System: | Septic |
| Sign Yn: | No |
| Sq Ft Source: | Public Records |
| Sq Ft Total: | 13,836 |
| Subdividable Ynu: | Yes |
| Tax Year: | July 2026-June 2027 |
| Under Agreement Yn: | No |
| Utilities Available: | Electric |
| Water Source: | Public Water Connected |
| Zoning: | B-2 |
Listing Courtesy of: Roundtree Realty LLC
Listing Agent: Javyn Roundtree
(747) 252-3955
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Smart MLS Inc. data last updated on October 08, 2026 06:45 PM - ET
Property Last Updated: October 08, 2026 06:45 PM - ET
