Price Reduced 4.55%


Price History

$550,000
8/9/2024

$525,000
10/14/2024


284 Shore Road, Old Lyme, (Old Lyme Shores), CT, 06371

284 Shore Road, Old Lyme, (Old Lyme Shores), CT, 06371

3 beds

1 Full baths

1947

1,980 sqft

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. The first floor utilities are off, but the second floor utilities are on. A family friend is staying in the second floor so it is not vacant. Oil for the heat and propane for the restaurant cooking .


Status:

Active

Town:

Old Lyme

Type:

Commercial

Units:

2

Zoning:

c-10

Frontage:

State Road,Municipal Street,Paved Road

Heating:

Hot Air

Cooling:

Window Unit

Acreage:

0.14

Est. Taxes:

$5,722

Assessment

$234,500

Current Use

pizzaria and apartment

Permitted Use

pizzaria, deli, market

Utilities

Electric,Phone Available,Cable Available,Fire Suppression System

Lot Description:

Level Lot

Days on Market:

87

MLS #:

24037861


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of Lauren Freedman, Coldwell Banker Realty Email: Lauren.Freedman@cbmoves.com