Beach Homes Realty
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3 town beach road

Old Saybrook, CT 06475

$949,000

3 BEDS 1 BATH
3,472 SQFT0.12 AC LOT
Residential - Single Family
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Bedrooms 3
Total Baths 1
Full Baths 1
Square Feet 3472
Acreage 0.13
Status Active
MLS # 24004520
County Middlesex
More Info
Category Residential - Single Family
Status Active
Square Feet 3472
Acreage 0.13
MLS # 24004520
County Middlesex
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.
Location not available

Exterior Features

  • Style Other
  • Siding Vinyl Siding
  • Exterior Deck
  • Roof Asphalt Shingle
  • Garage No
  • Garage Description None, Paved, Driveway
  • Water Public Water Connected
  • Sewer Septic
  • Lot Description Corner Lot, Dry, Level Lot

Interior Features

  • Appliances Oven/Range, Refrigerator, Dishwasher
  • Heating Baseboard
  • Cooling None
  • Basement Full, Unfinished, Storage, Interior Access, Concrete Floor, Full With Hatchway
  • Living Area 3,472 SQFT
  • Year Built 1960

Neighborhood & Schools

  • Elementary School Kathleen E. Goodwin
  • High School Old Saybrook

Financial Information

  • Parcel ID 1023035
  • Zoning A

Additional Services

Listing Information

Listing Provided Courtesy of Berkshire Hathaway NE Prop.
Listing Agent Sharon Linder
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc.
Listing data is current as of 05/07/2024.

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