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47 hartford avenue

Old Lyme, CT 06371

$325,000

5,134 SQFT0.12 AC LOT
Commercial
Image 1: Front of the Building
Image 2: 2nd floor View
Image 3
Image 4
Square Feet 5134
Acreage 0.13
Status Active
MLS # 170587696
County New London
More Info
Category Commercial
Status Active
Square Feet 5134
Acreage 0.13
MLS # 170587696
County New London
Very Rare Investment Opportunity to own a Piece of Old Lyme History. Once was the Old Lyme Post office back in the day as well as a Pizza Shop and the original Candy Store. Just steps away from the beach, 47 Hartford Ave is in the Soundview Village District Zone. Current Mixed-use setup includes two street level retail store spaces, the 2nd & 3rd Floor contains residential space and a separate detached cottage also exists in the rear of the property. Restore this landmark building or start from scratch. If commercial isn’t your wheelhouse, then why not convert the two lower-level commercial spaces into residential with summer weekly rates and then lease academically in the off season. The possibilities for this project are endless and a solid ROI is very easy to achieve. Whether a Long Term Play or a Short Term, there is money to be made. For those who are in business and are about to experience a halt with construction as the economy takes a big hit, this may be a good place for you to utilize the labor you are going to have to carry during the slump, so why not invest in a project that will give you something to really sink your teeth into and come out on the other side with large profits.
Location not available

Exterior Features

  • Roof Asphalt Shingle
  • Garage No
  • Garage Description Other, None
  • Water Public Water In Street, Private Well
  • Sewer Septic
  • Lot Description Level Lot

Interior Features

  • Heating No Heat
  • Cooling None
  • Living Area 5,134 SQFT
  • Year Built 1930

Financial Information

  • Parcel ID 1555033
  • Zoning SVVD

Additional Services

Listing Information

Listing Provided Courtesy of Agnelli Real Estate
Listing Agent Jack D. Pragosa
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc.
Listing data is current as of 05/03/2024.

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