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$849,900 Just Listed

  • For Sale
  • Active
  • Commercial
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A significant price reduction! Don't miss this great opportunity to be the next owner of this exquisite antique property in the historic district of beautiful Old Saybrook, Connecticut. Completely restored in keeping with circa 1790 yet with all the modern conveniences. Walk to downtown with its' awesome restaurants, cafes, wonderful boutique shops and the world renowned Katherine Hepburn Performing Art Center. Jump on your bicycles to the 2 public town beaches or dine at the Saybrook Point Resort & Marina. Enjoy all that the pretty Connecticut shoreline town has to offer to include the stunning waterfront on the Fenwick Golf Course. Old Saybrook is a quintessential New England town that is a highly regarded destination for visitors from all over the world. An easy and no fuss destination for travelers coming from NYC and Boston by train. Visitors explore the Connecticut shoreline rich in history and culture with Mystic Seaport 30 minutes away. This B&B is notably called the James Pharmacy Bed & Breakfast for the historic significance of the first female pharmacist to own and operate a pharmacy in Connecticut. Prior to it being a pharmacy, the building dates back to 1790 when it was first built and was used a general store.

Full Property Details for 323 Main St

General

  • Price: $849,900
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24160108
  • Updated: 3/18/2026
  • Added to Site: 1 day(s) ago

Interior

  • Flooring: Concrete, Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Restrooms: 5

Parking

  • Total Spaces: 10
  • Parking: Paved, Off Street Parking

Location

  • County: Middlesex
  • Driving Directions: Main Street . The cross street is Pennywise

Heating & Cooling

  • Cooling Type: Central Air, Zoned
  • Heating Type: Steam, Electric, Oil
  • Heating Fuel: Electric, Oil

Utilities

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

Structural Information

  • Roof: Asphalt Shingle
  • Square Feet: 2,616
  • Sq. Ft. Source: Owner
  • Current Bldg. Use: Restaurant and bed & breakfast
  • Year Built: 1790

Unit Information

Unit 1

  • Unit Description: 1 Bedroom
  • Square Feet: 350
  • Total Bathrooms: 1

Unit 2

  • Unit Description: 1 Bedroom
  • Square Feet: 350
  • Total Bathrooms: 1

Unit 3

  • Unit Description: 1 Bedroom
  • Square Feet: 3
  • Total Bathrooms: 1

Unit 4

  • Unit Description: Efficiency
  • Square Feet: 500
  • Total Bathrooms: 1

Unit 5

  • Unit Description: Retail
  • Total Bathrooms: 2
  • Half Baths: 2
  • Partial Bathrooms: 2

Lot Features

  • Lot Size (Acres): 0.25
  • Frontage: Municipal Street, Paved Road
  • Present Use: Restaurant and bed & breakfast
  • Zoning: A
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $344,500
  • Sewer Assmt: new septic system in
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Documents Avail.: Lead Disclosure
  • Property ID: 1026687

Listed by William Raveis Real Estate, GOODRICH TEAM OF WILLIAM RAVEIS REAL ESTATE, Meg Goodrich

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Listing agent

— 323 Main St —

  • Meg Goodrich

    William Raveis Real Estate

Agent Contact: (860) 518-3066 Office Contact: (860) 521-4311

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 323 Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/17/2026
Listed
$849,900
136.08%
MLS
10/20/2016
Sold
$360,000
—
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 323 Main St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,340
2%
$344,500
—
2023
$5,236
-9%
$344,500
22%
2023
$5,759
2%
$281,600
—
2022
$5,655
—
$281,600
—
2021
$5,646
—
$281,600
—
2020
$5,646
2%
$281,600
—
2019
$5,562
15%
$281,600
14%
2018
$4,827
2%
$246,300
2%
2017
$4,748
2%
$241,500
—
2016
$4,651
2%
$241,500
—
2015
$4,543
2%
$241,500
—
2014
$4,468
7%
$241,500
-12%
2011
$4,185
—
$275,300
—
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.

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

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with our affiliated lender
NMLS#: 1598647

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Listed by William Raveis Real Estate, GOODRICH TEAM OF WILLIAM RAVEIS REAL ESTATE, Meg Goodrich

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323 Main Street, Old Saybrook, CT 06475 (MLS# 24160108) is a Commercial property. 323 Main Street is currently listed for $849,900 and was received on March 17, 2026. Want to learn more about 323 Main Street? 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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