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Courtesy: Sharon Linder - Berkshire Hathaway NE Prop.
This Information is from Smart MLS and has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

3 Town Beach Road,  Old Saybrook CT, 06475

(Active)
$949,000
|
3 beds, 1 Full baths, 3,472 sqft
|
MLS# 24004520

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Last Updated: 4/28/2024 10:50 PM
Description for 3 Town Beach Road Old Saybrook, CT 06475
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.
Price
$949,000
Middlesex
3
1 Full
3,472 (approx)
24004520
Active
Description
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.
Listing Information
Property Type: Single Family, Other
3 1 Full
8 0.13 Acres 3,472 (approx)
1960 Vinyl siding
Public
Septic Tank
Neighborhood
School Information
Kathleen E. Goodwin Old Saybrook Old Saybrook
Room Information
Bathrooms
1
Interior Features
Dishwasher, Range, Oven, Refrigerator
None
Gas Heat, Electric Heating, Oil, Propane, Baseboard
Full
Exterior / Lot Features
8 Parking Spaces, Paved
Vinyl
Deck
Asphalt
A
Corner Lot, Level
Driving Directions
GPS Friendly - Main Street to Maple Avenue, cross to Town Beach Road. Property is on the corner.
Financial Considerations
$480 Annually
1023035
$6,960
Listing Price History

Old Saybrook Real Estate

Old Saybrook is located in Connecticut. Old Saybrook, Connecticut 06475 has a population of 10,564.

The median household income for the surrounding county is $86,900 compared to the national median of $66,222. The median age of people living in Old Saybrook 06475 is 46 years.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
No information is available for recently sold properties within this search.
Price History
Date Event Price Source
3/22/2024 Active $949,000  USD  MLS info
Courtesy: Sharon Linder - Berkshire Hathaway NE Prop.
This Information is from Smart MLS and has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.
This content last refreshed on 4/28/2024 10:50 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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