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.
Great beach community business or residential location. Across from Sound View. Corner lot with C-10 zoning. Residential or commercial opportunities abound. Building is a tear-down, seller makes no warranties or guarantees about the structure.
The median home value in Old Lyme, CT is $530,700. This is higher than the county median home value of $320,100. The national median home value is $338,100. The average price of homes sold in Old Lyme, CT is $530,700. Approximately 54.32% of Old Lyme homes are owned, compared to 11.15% rented, while 34.53% are vacant. Old Lyme real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Old Lyme real estate agent to arrange a tour today!
Old Lyme, Connecticut 06371 has a population of 7,582. Old Lyme 06371 is more family-centric than the surrounding county with 29.13% of the households containing married families with children. The county average for households married with children is 27.48%.
The median household income in Old Lyme, Connecticut 06371 is $113,889. The median household income for the surrounding county is $79,040 compared to the national median of $69,021. The median age of people living in Old Lyme 06371 is 49.8 years.
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 22.6 degrees. The average rainfall is approximately 47.8 inches per year, with 25.9 inches of snow per year.