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323 Main Street, Old Saybrook, CT 06475
$1,100,000
323 Main Street, Old Saybrook, CT 06475View this property at 323 Main Street, Old Saybrook, CT 06475
323 Main StreetOld SaybrookCT06475
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Property Description
The landmark James Pharmacy building located on vibrant Main Street is fully occupied, operating as the James Pharmacy Bed & Breakfast and separately rented main level bistro. Anna James, daughter of a slave and the first African American female pharmacist owned, operated and resided at the iconic pharmacy for decades. Her niece, noted novelist Anna Petry, was born here and assisted Miss James. The main floor restaurant retains the historic pharmacy built-ins and soda fountain. Arched glass windows offer Main Street views. Three well-appointed, upscale B&B guest rooms have fully renovated baths and gas fireplaces. Innkeeper quarters are on the main level. Extensive updates and renovations were completed, bringing it to current standards while preserving its beauty and historic architecture. A full basement houses mechanicals, exceptional storage and restaurant clean storage. Old Saybrook is a popular weekend destination. A short stroll on sidewalk-lined streets leads to restaurants, shops, The Kate cultural arts center and Saybrook Station just 2 hours from NY/Boston. Find exceptional beaches, boating, Fenwick or Fox Hopyard Golf a short drive. A vibrant Chamber of Commerce works tirelessly ensuring Old Saybrook businesses have the support they need with Main Street events throughout the year. Limited area lodging ensures the James Pharmacy Bed & Breakfast and restaurant are an option with provenance year-round.
Full Property Details
Full Property Details for 323 Main St
General
- Price: $1,100,000
- Taxes: (July 2023-June 2024)
- Status: Active
- Type: Commercial
- MLS ID: 24006903
- Updated: 4/24/2024
- Added to Site: 84 day(s) ago
Interior
- Interior Features: Living Space Available, Security System, Window Display
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
- Restrooms: 5
Exterior
- Exterior Features: Sidewalk, Roof Sign, Gutters, Lighting, Door Sign
Location
- County: Middlesex
- Driving Directions: Main Street Old Saybrook heading south toward Saybrook Point. Right side. Corner of Pennywise Lane.
Heating & Cooling
- Cooling Type: Central Air, Zoned
- Heating Type: Hot Air, Hot Water, Electric, Oil
- Heating Fuel: Electric, Oil
Utilities
- Sewer: Septic
- Water: Public Water Connected
- Utility Description: Electric, Gas Available, Cable Available
Structural Information
- Roof: Asphalt Shingle
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 2,616
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Restaurant/retail/B&B Mixed
- Year Built: 1790
Unit Information
- # Tenants: 2
Unit 1
- Unit Description: Retail
- Square Feet: 1200
- Total Bathrooms: 1
- Partial Bathrooms: 1
Unit 2
- Unit Description: 1 Bedroom
- Square Feet: 140
- Total Bathrooms: 1
Unit 3
- Unit Description: 1 Bedroom
- Total Bathrooms: 1
Unit 4
- Unit Description: 1 Bedroom
- Total Bathrooms: 1
Unit 5
- Unit Description: 1 Bedroom
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.25
- Frontage: State Road, Municipal Street, Paved Road
- Present Use: Restaurant/retail/B&B Mixed
- Zoning: A
- Lot Description: Corner Lot, Dry, Level Lot, Cleared
Financial Considerations
- Assessment Amount: $281,600
- Sewer Assmt: Septic install 2017
- Tax Year: July 2023-June 2024
Disclosures and Reports
- Documents Avail.: Lead Disclosure, Legal Description, Zoning Approval
- Property ID: 1026687
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Schools
Schools serving 323 Main St
School District:Old Saybrook School District
Rating | Name | Grades | Distance |
---|---|---|---|
60 Sheffield St, Old Saybrook, CT 06475 | 4-8 | 0.3 mi | |
80 Old Boston Post Rd, Old Saybrook, CT 06475 | PK-3 | 0.3 mi | |
1111 Boston Post Rd, Old Saybrook, CT 06475 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 323 Main St
Date
Details
Price
Change
Source
3/18/2024
Listed
$1,100,000
205.56%
MLS
10/20/2016
Sold
$360,000
—
Public Record
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
Tax History for 323 Main St
Year
Property Taxes
Change
Tax Assessment
Change
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
—
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
Estimate the Cost for 323 Main St
323 Main Street, Old Saybrook, CT 06475 (MLS# 24006903) is a Commercial property. 323 Main Street is currently listed for $1,100,000 and was received on March 18, 2024. This property is listed by Nancy Mesham from our Old Lyme/Old Saybrook/Essex Office.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.