$399,000
$399,900
0.2%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
1,725 SqFt
SOLD DATE : 12/20/2024
Key Details
Sold Price $399,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,725 sqft
Price per Sqft $231
MLS Listing ID 24052139
Sold Date 12/20/24
Style Units on different Floors
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1920
Annual Tax Amount $4,962
Lot Size 0.680 Acres
Property Description
Calling All Business Owners & Investors! If You're Looking To Expand Your Business Or Invest In A Desirable & Convenient Location Near Flanders Four Corners Of East Lyme, Now Is Your Chance! Zoned CA-Commercial - For Convenient Neighborhood & Community Oriented Commercial Development, It Benefits From Approximately 7,000 Daily Car Counts, 4-Car Parking Lot, Rt-1 & I-95 Access. This Mixed-Use Property Features 3 Units With 1,725 SF 2 Levels Building Set On .68 Acre, 75' Street Frontage On A High-Traffic Visibility Street For Your Business Signage, Sure To Have Your Business Noticed & Booming Along With Other High Rent Commercial Tenants. Surrounded By Well-Known Businesses, Shopping, Walking Distance To Restaurants, Casinos, Attractions Like Mystic Seaport, Parks & Trails, Beaches, Boating, And More. Nearby Employers Include Pfizer, Electric Boat & Sub Base. PERMITTED USES: Retail, Restaurant, Bakery, Office, Medical, Law Or CPA Firms, Real Estate Or Ins Agencies, Child Care Center, Personal Service. BY SPECIAL PERMIT: Indoor Recreation, Wholesale, Laundromat, Auto Sales, Fast Food, Elderly Housing, Veterinary Clinic, & More. Seller Might Be Open To Selling 189 Boston Post Rd To Combine Two Parcels For Commercial Development. Combined Would Be 1.32 Acre And 150' Street Frontage. The Area Is A Goldmine Experiencing Continuous Retail Development, Ensuring Your Investment Will Appreciate Over Time. This Commercial Property Provides A Solid Foundation For Your Vision. Sold As-Is.
Location
State CT
County New London
Zoning CA
Rooms
Basement Full, Unfinished, Full With Walk-Out
Interior
Heating Hot Water
Cooling None
Exterior
Parking Features None, Paved, Off Street Parking, Driveway
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Foundation Concrete
Sewer Public Sewer In Street, Septic
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools East Lyme
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Bought with Amy Rubin • William Raveis Real Estate