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 endless 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.
Off market
$826,400
3 Town Beach Rd, Old Saybrook, CT 06475
3beds
3,472sqft
Single Family Residence
Built in 1960
-- sqft lot
$826,400 Zestimate®
$238/sqft
$2,821 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Source: Berkshire Hathaway HomeServices New England Properties,MLS#: 24004520

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Dishwasher, Range, Refrigerator
Features
- Basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 3,472
- Total interior livable area: 3,472 sqft
Property
Parking
- Total spaces: 8
- Parking features: None
Features
- Patio & porch: Deck
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Asphalt
Condition
- Year built: 1960
- Major remodel year: 1960
Community & neighborhood
Location
- Region: Old Saybrook
- Subdivision: Cornfield Point
Sell for more
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$826,400
2% more+$16,528
With Zillow Showcase(estimated)$842,928