1 Ferry Road Lyme, CT $ 800,000
1 Ferry Road
$ 800,000
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1 Ferry Road

Lyme, CT, 06371
$ 800,000
Baths5.5 Sq 3,330

Monthly Estimate*

$ 5,588

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Studio

Commercial Property for sale in Lyme, CT

for $800,000 with 5 full baths, 5 half baths. This 3,330 square foot building was built in 1800 on a lot size of 0.18.

Rarely does an investment opportunity in the quintessential community of Lyme, Connecticut come along. The Hadlyme Country Market and the stunning 3300sqft mixed use commercial/residential building has been the centerpiece of the historic Hadlyme Four Corners. Now, the building is being offered with the Hadlyme Country Market business along with the investment building it is operating in. In 2013 the retail spaces were completely rebuilt and then the two 2nd floor apartments were beautifully renovated. The building houses the essential post office with its classic beadboard interior, and antique glass service window. The main building is 3330sqft, tenants include a country market, US post office and two 1-bedroom apts, and a gift shop. The building is fully leased. The exterior features a welcoming front porch, a picnic area, and parking spaces on two sides. The two apartments occupy the 2nd floor with separate utilities and efficient HVAC systems. In addition, there is a 432sqft separate renovated retail building featuring a vaulted ceiling with beams. The exterior is stunning with it’s stylized columns, hand chiseled European style patio and granite walkways, and freshly painted. A commercial septic system was installed 2013 along with a new cedar shingle roof in 2010. Updates include new plumbing, electrical, HVAC, new windows, flooring, siding.

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Commercial Pending

Price

$ 800,000

Bedrooms

Studio

Full Bath

5

Half Bath

5

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

0.18

Year Built

1800

Town/City

Lyme

MLS | Web ID

170540460

Features
General
Exterior Features Gutters Lighting
Zoning C-40
Full Baths 0
Half Baths 5
Year Built 1800
Neighborhood Hadlyme
Heater Type Heat Pump
County New London
Present Use 3 retail spaces 2 res. apts
Tax Year July 2023-June 2024
Location Rural
Property Type Commercial For Sale
Status Under Contract
Acres 0.18
Directions Rt 82 to Hadlyme 4 Corners. This is 1 Ferry Rd in Lyme (Hadlyme). Not OLD LYME.
City Lyme
Street Name Ferry
Sq Ft Total 3330
DOM 487
Video Tour Y/N 1
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Interior
Cooling System Ceiling Fans Heat Pump Split System
Flooring Tile Vinyl Wood
Total Rooms 0
Utilities Available Electric Telephone Cable
Total Bathrooms 5
Total Bedrooms 0
Total Number of Units 5
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Exterior
Water Source Private Well
Garage Parking Paved Off Street Parking
Lot Description Corner Lot Level Lot
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Internal Only
Street Number 1 1
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* Excluded Features
List By
Allyson Cotton

Listing Agent

William Pitt Sotheby's Int'l

Broker

acottonrealtor@gmail.com

Email

Affordability Calculator

$5,588
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,588
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/26/2024$800,000 -5.88% Price Down
12/27/2023$850,000 -5.56% Price Down
10/21/2023$900,000 -9.91% Price Down
12/15/2022$999,000 Listed Price

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1 Ferry Road, Lyme, CT, 06371 is a Commercial Property for sale at $800,000 with 3,330 sqft and a lot size of 0.18. 1 Ferry Road is a studio with 5.5 baths and was built in 1800. The property's zip code is 06371 which is in Lyme, CT