Active

284 Shore Road

Old Lyme CT, 06371

$525,000


$265.15 per sqft

Active

1 Bath

1,980 sqft

Commercial

Built in 1947

Now available is a rare and unique mixed-use property located just steps from the water. Situated on a high-traffic road, this property offers excellent visibility for your business. Formerly a well-known pizzeria, the first-floor commercial space includes all existing equipment and indoor booths/seating, plus a half bathroom. Although there is a fire system in place, it requires repair. Above the commercial space, you'll find a three-bedroom, one-bathroom apartment with a back porch and an unfinished walk-up attic. The property is being sold as-is and will need some work. It features a large parking lot with ample parking, and the apartment benefits from both a side and back entry with stairs leading down to the main floor. Each level of the property has its own electrical panel. Old Lyme is a picturesque town along the Connecticut shoreline, known for its charming homes, coastal views, and historic character. Shore Road typically features properties that are close to the water, with many offering scenic views of the Long Island Sound or direct access to the beach.

24037861

MLS ID

August 9, 2024

Listed

November 22, 2024

Updated

Map

284 Shore Road
Old Lyme CT, 06371

Interior Features

Total Bathrooms

1


Full Bathrooms

1


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Oil, Forced Air

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

Level


Roof

Asphalt


Sewer

Septic Tank

Other Property Details

Area Name

Old Lyme Shores


Taxes

$5,722


Tax Frequency

Annually


Days on Market

66


Garage

No


View

No


County

New London


Water Source

Public


Pool

No


Zoning

c-10

Listing History

Date

Event

Price

10/14/2024

Price change

$525,000

-5%

Listed by Lauren Freedman with Coldwell Banker Realty

Listing Contact: 2038898336 

The IDX display contains information sourced from the  Smart MLS, Inc as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/22/2024 at 6:11 AM UTC

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