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$225,000 Just Listed

  • For Sale
  • Active
  • Commercial
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This sale includes two commercial office units (Units 1300 and 1400), offering a combined total of approximately 2,400 square feet across two floors. Unit 1300 is a first-floor unit, while Unit 1400 is located on the second floor. Well-maintained and updated, this bright, professional space spans both levels, each featuring brand-new flooring, private restrooms, and a clean, turnkey feel throughout. Unit 1300 is currently leased through May 2027, providing immediate rental income, while Unit 1400 offers flexibility for an owner-occupant or additional leasing potential. The layout lends itself well to professional offices, medical or wellness services, creative studios, or a variety of commercial uses. Conveniently located near the center of town yet tucked away for added privacy, the property offers plenty of off-street parking and a quiet, productive setting. An ideal opportunity for investors seeking stable income or business owners looking to secure their own space while offsetting expenses with an in-place tenant.

Full Property Details for 123 Elm St #13 & 14

General

  • Price: $225,000
  • HOA FEE: $520/month
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24154768
  • Updated: 2/17/2026
  • Added to Site: 4 day(s) ago

Interior

  • Flooring: Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Half Bathrooms: 3
  • Restrooms: 3

Exterior

  • Exterior Features: Sidewalk, Gutters, Lighting, Pole Sign, Door Sign

Location

  • County: Middlesex
  • Driving Directions: GPS Friendly

Community

  • Association: Yes
  • Home Owners Assn.: 1

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Hot Air, Electric
  • Heating Fuel: Electric

Utilities

  • Sewer: Shared Septic
  • Water: Public Water Connected
  • Utility Description: Electric, Cable

Structural Information

  • Roof: Asphalt Shingle
  • Stories/Levels: 2
  • Stories in Building: 2
  • Square Feet: 2,400
  • Sq. Ft. Source: Public Records
  • Year Built: 1985

Unit Information

Unit 1

  • Unit Description: Office
  • Total Bathrooms: 3
  • Partial Bathrooms: 3

Lot Features

  • Frontage: Municipal Street
  • Potential Use: Professional, Office, Medical
  • Zoning: B-2
  • Lot Description: Dry, Level Lot, Cleared

Financial Considerations

  • Association Fee: $520
  • Assoc Fee Freq.: Monthly
  • Assessment Amount: $17,500
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Documents Avail.: None
  • Property ID: 1027064

Listed by William Pitt Sotheby's Int'l, Susan Malan and William Pitt Sotheby's Int'l, Jay Lafleur

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Listing agents

— 123 Elm St #13 & 14 —

  • Susan Malan

    William Pitt Sotheby's Int'l

  • Jay Lafleur

    William Pitt Sotheby's Int'l

Agent Contact: (860) 767-5011 Office Contact: (860) 767-7488

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 123 Elm St #13 & 14 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/13/2026
Listed
$225,000
-42.01%
MLS
2/24/1989
Sold
$388,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 123 Elm St #13 & 14

Year
Property Taxes
Change
Tax Assessment
Change
2024
$271
2%
$17,500
—
2023
$266
-69%
$17,500
-58%
2023
$853
2%
$41,700
—
2022
$837
—
$41,700
—
2021
$836
—
$41,700
—
2020
$836
1%
$41,700
—
2019
$824
-19%
$41,700
-20%
2018
$1,023
—
$52,200
—
2017
$1,026
2%
$52,200
—
2016
$1,005
2%
$52,200
—
2015
$982
2%
$52,200
—
2014
$966
—
$52,200
-18%
2011
$965
—
$63,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 123 Elm St #13 & 14

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by William Pitt Sotheby's Int'l, Susan Malan and William Pitt Sotheby's Int'l, Jay Lafleur

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123 Elm Street #13 & 14, Old Saybrook, CT 06475 (MLS# 24154768) is a Commercial property. 123 Elm Street #13 & 14 is currently listed for $225,000 and was received on February 13, 2026. Want to learn more about 123 Elm Street #13 & 14? Do you have questions about finding other Commercial real estate for sale in Old Saybrook? You can browse all Old Saybrook real estate or contact a Coldwell Banker agent to request more information.

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