Description
OLD SAYBROOK value-add investment opportunity! 2-story mixed use (retail/office) property on RT-1 Boston Post Road near center of Old Saybrook/Main Street. Two long term tenants (nail salon & drop-off dry cleaners). Currently negotiating lease with national retail tenant. Second floor office space presently vacant, potential for smaller offices or residential conversion (+/- 4,000 SF). First floor vacant retail (+/- 2,400 SF) could also be demised to smaller retail stores. Newer flooring. Plenty of parking spaces. High visibility and ample tenant signage. Newer HVAC units. Tenant paid utilities. Approx. half of building has a basement.
Location
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Listing Agent: Francis H Shank
Listing Office: Amodio & Co.
