Listing Courtesy of: Sharon Linder - Berkshire Hathaway NE Prop. 860-388-3411

3 Town Beach Road Old Saybrook, CT 06475

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Other Residence
3 Beds
1 Baths
3,472 Sq. Ft.
0.13 Acre Lot

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Last updated on 5/18/2024 8:34 AM
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 endles...s 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. Continue reading
MLS#
24004520
Property Type
Other
Bedrooms
3
Bathrooms
1 Full
Year Built
1960
HOA Fee
$480 Annually
Square Feet
3,472 sq. ft
Lot Size
0.13

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Listing Courtesy of: Sharon Linder - Berkshire Hathaway NE Prop. 860-388-3411
Davis E. Owen, Sr., License REB.0754414, Xome CT LLC, License REB.0790146 , Davis.Owen@xome.com, 844-400-XOME (9663), 2083 Main Street, Stratford, CT 06615


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