Price Reduced 9.09%
Price History
$550,000
8/9/2024
$525,000
10/14/2024
$499,999
12/3/2024
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:
134
MLS #:
24037861
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Copyright ©2024 SmartMLS, Inc.
Listing courtesy of Lauren Freedman, Coldwell Banker Realty Email: Lauren.Freedman@cbmoves.com