About 3 Town Beach Road
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.
Features of 3 Town Beach Road
| MLS® # | 24004520 |
|---|---|
| Price | $949,000 |
| Bedrooms | 3 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 3,472 |
| Acres | 0.13 |
| Year Built | 1960 |
| Type | Single Family For Sale |
| Style | Other |
| Status | Active |
Community Information
| Address | 3 Town Beach Road |
|---|---|
| Area | Cornfield Point |
| City | Old Saybrook |
| County | Middlesex |
| State | CT |
| Zip Code | 06475 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | None, Paved, Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Oven/Range, Refrigerator, Dishwasher |
|---|---|
| Heating | Baseboard, Natural Gas, Oil, Propane |
| Cooling | None |
| Fireplace | No |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Exterior Features | Deck |
| Lot Description | Corner Lot, Dry, Level Lot |
| Roof | Asphalt Shingle |
| Foundation | Concrete |
School Information
| Elementary | Kathleen E. Goodwin |
|---|---|
| High | Old Saybrook |
Additional Information
| Date Listed | March 22nd, 2024 |
|---|---|
| Days on Market | 38 |
| Zoning | A |
| RE / Bank Owned | No |
Listing Details
| Office | Berkshire Hathaway NE Prop. |
|---|