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1333 Boston Post Rd
Old Saybrook, CT 06475
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
9,224 SF
Building Class
C
Year Built
1950
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
1.75 AC
Zoning
B-4
Parking
20 Spaces (2.17 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
About 1333 BOSTON POST RD , OLD SAYBROOK, CT 06475
Redevelopment site. 1.75 Acres with 9,700 SF building on it. Presently there is a Mexican Restaurant there and a convenience store there with month to month tenancy. Monthly income is $28,000. 4% cash on cash return. Abutting vacant commercial parcel is also available (#1325 see MLS 170222443). It is 2.86 acres, also B-4 Zone. $475,000. Both parcels together $1,250,000 for 4.61 Acres. Amazing redevelopment opportunity on Route 1. Asking price of $775,000 is below appraised value of $821,900. 197 feet of frontage on Route 1.
Property Taxes
| Parcel Number | OSAY-000027-000024 | Improvements Assessment | $0 |
| Land Assessment | $203,500 | Total Assessment | $203,500 |
Property Taxes
Parcel Number
OSAY-000027-000024
Land Assessment
$203,500
Improvements Assessment
$0
Total Assessment
$203,500
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