7,904 Sq. Ft.
$140 / Sq. Ft.
7,904
Sq. Ft.
$140
per Sq. Ft.

Description

129 Main Street is a fabulous location in the heart of the Main Street Village in Old Saybrook. There is plenty of parking and a beautiful front entrance with classic gardens and white picket fence. The first floor is 3220 sqft. This floor is office space which can be put together in many different combinations allowing you to rent offices as small as 70 sqft all the way up to 3220 sqft. There is a shared kitchen and a half bath on this floor. The second floor is 3388 sqft. This space is currently...129 Main Street is a fabulous location in the heart of the Main Street Village in Old Saybrook. There is plenty of parking and a beautiful front entrance with classic gardens and white picket fence. The first floor is 3220 sqft. This floor is office space which can be put together in many different combinations allowing you to rent offices as small as 70 sqft all the way up to 3220 sqft. There is a shared kitchen and a half bath on this floor. The second floor is 3388 sqft. This space is currently set up as office space and a single one-bedroom residential apartment. However, at one time the second floor had 4 one-bedroom apartments and no office space. This space could be made into apartments again by closing off some doorways. To get 4 one-bedroom apartments you would need to add a shower to a half bath and install one more kitchen. Zoning approval may be needed. See the floor plans that are in the attached document file. The third floor has two one-bedroom residential apartments. The building is heated by a hydro-air oil fired boiler and cooled by central air. There is a sprinkler system in the building. The uses for this building are many and may be the perfect investment for your needs. Don’t miss this gem in the center of Old Saybrook.
  1. Listed by Brian Jermainne • Team Jermainne Real Estate Services, LLC
    P: (860)-662-0230 C: (860)-662-0230 b@teamj1.com

Property Details for 129 Main Street

Location
Downtown
Neighborhood
N/A
Garage Parking Info
Paved, Off Street Parking, On Street Parking
LISTING UPDATED: 10/01/2024 08:30 AM

Property Details for 129 Main Street

StatusClosed
MLS #170607407
Days on Market114
Taxes$12,429 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeNon-Residential
MLS Type-
Year Built1753
Lot Size0.31 AC / 13,503 SF
CountyMiddlesex County
Add your commute

Building Information for 129 Main Street

Stories3Residences6Year Built1753Lot Size0.31 AC / 13,503 SF

Payment Calculator

$6,625 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,589

Property Taxes

$1,036

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 129 Main Street

Summary
Property and Location
  • Directions: GPS Friendly.
  • Flood Zone: No
  • Latitude: 41.293097
  • Longitude: -72.376863
  • State: Connecticut
Parking
  • Parking Spaces Uncovered: 16
  • Parking Total Spaces: 16
HOA and Fees
  • Tax Year: July 2024-June 2025
  • Property Tax: $12,429
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Gutters, Sidewalk
  • Number of Docks: 0
  • Number of Overhead Doors: 0
Interior Features
  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Flooring: Tile, Vinyl, Wall-to-Wall Carpet, Wood
  • Interior Features: Fire Suppression System, Living Space Available
  • Rooms Total: 0
Property
Property and Assessments
  • Construction Description: Frame
  • Foundation Type: Concrete, Stone
  • New Construction Type: No/Resale
  • Potential Use: Office Rental & 6 Apartments
  • Present Use: Office Rental & 3 Apartments
  • Road Frontage Approximate: 83
  • Road Frontage Description: Municipal Street
  • Roof: Asphalt Shingle
  • Sq Ft Source: Public Records
  • SubdividableU: Yes
  • Year Built: 1753
  • Bank Owned Property: No
  • Sq Ft Office: 3220
  • Sq Ft Residential: 4684
Lot Information
  • Documents Available: None
  • Lot Description: Dry, Cleared, Level Lot
  • Parcel Number: 1027187
  • Sq Ft Total: 7904.0
  • Zoning: B-1
Utilities
  • Heat Fuel Type: Oil
  • Sewage System: Septic
  • Utilities Available: Electric, Gas Available, Phone Available, Cable, Fire Suppression System
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Total Number of Units: 6
Building Details
  • Unit Count: 3
  • Number of Restrooms: 7
  • Number of Stories: 3
Unit 1
  • Unit Average Sq Ft: 576
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 09-18-2024
  • Unit Monthly Rent: $850
  • Unit Number Of: 1
  • Unit Type: 1 Bedroom
Unit 2
  • Unit Average Sq Ft: 540
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 09-18-2024
  • Unit Monthly Rent: $800
  • Unit Number Of: 1
  • Unit Type: 1 Bedroom
Unit 3
  • Unit Average Sq Ft: 569
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 09-18-2024
  • Unit Monthly Rent: $850
  • Unit Number Of: 1
  • Unit Type: 1 Bedroom

Property History for 129 Main Street

DateEvent & SourcePriceAppreciation
Jul 22, 2024

Closed (Public Record)

Public Record #1537394665

$1,100,000

+6.1% / yr

Apr 29, 2011

Closed (Public Record)

Public Record #308691753

$500,000
Apr 29, 2011

Closed (Public Record)

Public Record #308691752

$800,000

-8.0% / yr

DateEvent & SourcePrice
07/22/2024

Closed (Public Record)

Public Record #1537394665

$1,100,000

+6.1% / yr

04/29/2011

Closed (Public Record)

Public Record #308691753

$500,000
04/29/2011

Closed (Public Record)

Public Record #308691752

$800,000

-8.0% / yr

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 129 Main Street

Taxable ValueLand$331,800Additions$485,900Total$817,700
Tax Record2024$12,674 ($1,056 / month)
Home Facts
Total Finished SqFt7,904 SqFtAbove Grade Finished SqFt7,904 SqFtUnfinished Basement SqFt1,886 SqFtStories2Lot Size13,504 SqFtStyleMiscellaneous CommercialYear Built1753ZoningB-1CountyLOWER CONNECTICUT RIVERAPNOSAY M:037 B:015 L:

Schools near 129 Main Street

This home is within Old Saybrook School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Kathleen E. Goodwin School
PublicPK to 4

Old Saybrook Middle School
Public5 to 8

Old Saybrook Senior High School
Public9 to 12

St John School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Team Jermainne Real Estate Services, LLC, Brian Jermainne

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.