323 Main Street Old Saybrook, CT $ 1,100,000
323 Main Street
$ 1,100,000
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323 Main Street

Old Saybrook, CT, 06475
$ 1,100,000
Baths4.1 Sq 2,616

Monthly Estimate*

$ 7,684

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Studio

Commercial Property for sale in Old Saybrook, CT

for $1,100,000 with 4 full baths, 1 half bath. This 2,616 square foot building was built in 1790 on a lot size of 0.25.

The landmark James Pharmacy building located on vibrant Main Street is fully occupied, operating as the James Pharmacy Bed & Breakfast and separately rented main level bistro. Anna James, daughter of a slave and the first African American female pharmacist owned, operated and resided at the iconic pharmacy for decades. Her niece, noted novelist Anna Petry, was born here and assisted Miss James. The main floor restaurant retains the historic pharmacy built-ins and soda fountain. Arched glass windows offer Main Street views. Three well-appointed, upscale B&B guest rooms have fully renovated baths and gas fireplaces. Innkeeper quarters are on the main level. Extensive updates and renovations were completed, bringing it to current standards while preserving its beauty and historic architecture. A full basement houses mechanicals, exceptional storage and restaurant clean storage. Old Saybrook is a popular weekend destination. A short stroll on sidewalk-lined streets leads to restaurants, shops, The Kate cultural arts center and Saybrook Station just 2 hours from NY/Boston. Find exceptional beaches, boating, Fenwick or Fox Hopyard Golf a short drive. A vibrant Chamber of Commerce works tirelessly ensuring Old Saybrook businesses have the support they need with Main Street events throughout the year. Limited area lodging ensures the James Pharmacy Bed & Breakfast and restaurant are an option with provenance year-round.

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Commercial Active

Price

$ 1,100,000

Bedrooms

Studio

Full Bath

4

Half Bath

1

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

0.25

Year Built

1790

Town/City

Old Saybrook

MLS | Web ID

24006903

Features
General
Interior Features Living Space Available Security System Window Display
Exterior Features Sidewalk Roof Sign Gutters Lighting Door Sign
Zoning A
Full Baths 4
Half Baths 1
Year Built 1790
Neighborhood N/A
Heater Type Hot Air Hot Water
County Middlesex
Present Use Restaurant/retail/B&B Mixed
Tax Year July 2023-June 2024
Location Downtown Historic Area
Property Type Commercial For Sale
Status Active
Acres 0.25
Directions Main Street Old Saybrook heading south toward Saybrook Point. Right side. Corner of Pennywise Lane.
City Old Saybrook
Street Name Main
Sq Ft Total 2616
DOM 52
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Interior
Cooling System Central Air Zoned
Total Rooms 0
Utilities Available Electric Gas Available Cable Available
Total Bathrooms 5
Total Bedrooms 0
Total Number of Units 2
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Exterior
Water Source Public Water Connected
Lot Description Corner Lot Dry Level Lot Cleared
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* Excluded Features
List By
Nancy Mesham

Listing Agent

Coldwell Banker Realty

Broker

nancy.mesham@cbmoves.com

Email

Affordability Calculator

$7,684
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,684
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2024$1,100,000 Listed Price

Map


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323 Main Street, Old Saybrook, CT, 06475 is a Commercial Property for sale at $1,100,000 with 2,616 sqft and a lot size of 0.25. 323 Main Street is a studio with 4.1 baths and was built in 1790. The property's zip code is 06475 which is in Old Saybrook, CT