125 Main St Old Saybrook, CT 06475
Estimated payment $12,360/month
Highlights
- Level Lot
- Mini Split Air Conditioners
- 5-minute walk to Old Saybrook Parks & Recreation
- Kathleen E. Goodwin School Rated A-
About This Home
Price Reduction! Great mixed-use opportunity. Fully leased office building with town-approved one-bedroom apartment on Second Floor with kitchen, full bath including washer/dryer. Great opportunity to own a mixed-use property on beautiful Main Street in Old Saybrook. Established salon with long term lease on first floor. The one bedroom apartment on the second floor has been carpeted and painted and has separate heat control from all office spaces. Opportunities exist for additional apartments with proper permitting. The front of the building faces the heart of Downtown Old Saybrook with shops, restaurants, art and dance studios and The Kate all within walking distance. The rear of the building faces Pine Street and boasts a 25-car parking lot surrounded by chain link fencing and a storage shed. Opportunities exist for other uses of this area with proper permitting. The building has a full sprinkler system with associated central station alarms. Easy access to RT. 95 and RT.9.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,223
Year Built
- Built in 1918
Lot Details
- 10,019 Sq Ft Lot
- Level Lot
- Property is zoned B-1
Parking
- 25 Parking Spaces
Home Design
- 7,985 Sq Ft Home
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Clap Board Siding
Kitchen
- Oven or Range
- Microwave
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Dryer
- Washer
Schools
- Old Saybrook High School
Utilities
- Mini Split Air Conditioners
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 1027188
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,223 | $595,000 | $136,400 | $458,600 |
| 2024 | $9,044 | $595,000 | $136,400 | $458,600 |
| 2023 | $12,125 | $592,900 | $110,200 | $482,700 |
| 2022 | $11,905 | $592,900 | $110,200 | $482,700 |
| 2021 | $11,888 | $592,900 | $110,200 | $482,700 |
| 2020 | $11,890 | $593,000 | $110,300 | $482,700 |
| 2019 | $11,712 | $593,000 | $110,300 | $482,700 |
| 2018 | $11,350 | $579,100 | $170,000 | $409,100 |
| 2017 | $11,385 | $579,100 | $170,000 | $409,100 |
| 2016 | $11,153 | $579,100 | $170,000 | $409,100 |
| 2015 | $10,893 | $579,100 | $170,000 | $409,100 |
| 2014 | $13,955 | $754,300 | $170,000 | $584,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | Price Changed | $2,195,000 | -6.4% | $275 / Sq Ft |
| 04/29/2025 04/29/25 | Price Changed | $2,345,000 | -6.0% | $294 / Sq Ft |
| 11/05/2024 11/05/24 | For Sale | $2,495,000 | -- | $312 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,000,000 | None Available | |
| Warranty Deed | $51,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $900,000 | Purchase Money Mortgage |
Source: SmartMLS
MLS Number: 24063444
APN: OSAY-000037-000016
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