Old Lyme CT Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
1,980
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1947
Baths:
1.00
MLS#:
24037861
Subdivision:
Old Lyme Shores

ADDITIONAL INFORMATION

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.

Type:
General Commercial
Sq.Ft.:
1,400
Status:
Active
Beds:
n/a
Year built:
1940
Baths:
MLS#:
24033284
Subdivision:
Sound View

ADDITIONAL INFORMATION

Great business or residential location. Currently zoned commercial. Building is a tear-down, seller makes no warranties or guarantees about the structure. The town recently paved and did not provide us curb cuts. Please be careful pulling up to the property.

Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Baths:
MLS#:
24019567
Subdivision:
N/A

ADDITIONAL INFORMATION

This well-established restaurant offers a unique and captivating dining experience, situated amidst the picturesque beauty of expansive marsh views. Nestled in the heart of a charming shoreline town, where the Connecticut River meets Long Island Sound, the location adds a distinctive charm to the culinary venture. The surrounding area is a vibrant region with art galleries, shopping opportunities, and a lively beach community, drawing in additional patrons during the summer months. With a rich history spanning over 33 years, this restaurant has become a culinary favorite in the community. Boasting a spacious interior, it provides a variety of seating options. The large first-floor dining room immerses patrons in the natural beauty of marsh views. Ascending to the second floor, a dining loft space continues to offer breathtaking panoramic views of the marsh. Adding to its versatility, the restaurant features two private dining rooms. These private spaces offer a spacious setting for special gatherings, community events, and celebrations. The bar area is a focal point of socializing, with a full circular bar complemented by additional table seating. The business is being offered as a turn-key operation including furnishings, tables, chairs, barstools, glassware, stemware, dishes, plates, beverages and liquor. In addition, the sale includes the computer systems ensuring a seamless transition. A rare opportunity for an entrepreneur to step into an established business.

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Davis E. Owen, Sr., License REB.0754414, Xome CT LLC, License REB.0790146 , [email protected], 844-400-XOME (9663), 2083 Main Street, Stratford, CT 06615


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Old Lyme Real Estate

The median home value in Old Lyme, CT is $620,000. 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 $620,000. 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 has a population of 7,582. Old Lyme is more family-centric than the surrounding county with 32.35% 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 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 is 49.8 years.

Old Lyme Weather

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.

Old Lyme Real Estate Market Conditions

  • Median sales price

    $620,000
    13.4% change since last quarter
  • # Active listings

    37
    30-day change

Old Lyme Schools and Demographics

Education near Old Lyme, CT

Metric City County
High School Graduates 95.64 93.04
College Degree - 2 year 8.56 8.9
College Degree - 4 year 53.68 34.56
Graduate Degree 18.43 11.84
Expenditures per Student 26,209 26,209
Students per Teacher 11.7 11.7

Elementary Schools near Old Lyme, CT

School Grades Students P/T Ratio ZIP
Essex Elementary School PK - 06 451 10.6 06409
Flanders School KG - 04 348 11.9 06333
Integrated Preschool PK - PK 46 15.3 06333
Kathleen E. Goodwin School PK - 05 417 9.8 06475
Lillie B. Haynes School KG - 04 314 11.5 06357
Lyme Consolidated School KG - 05 214 12 06371
Mile Creek School KG - 04 221 10.5 06371
Niantic Center School KG - 04 179 11.9 06357

Middle Schools near Old Lyme, CT

School Grades Students P/T Ratio ZIP
Center School 05 - 05 127 11.9 06371
Dual Language Arts Academy/Academia Bilingue DE Las Artes 06 - 08 138 11.9 06371
Lyme-Old Lyme Middle School 06 - 08 352 11.5 06371
Old Saybrook Middle School 04 - 08 531 11.2 06475

High Schools near Old Lyme, CT

School Grades Students P/T Ratio ZIP
East Lyme High School 09 - 12 1,053 10.8 06333
Lyme-Old Lyme High School 09 - 12 437 10.2 06371
Old Saybrook Senior High School 09 - 12 466 10.3 06475

Ungraded Schools near Old Lyme, CT

School Grades Students P/T Ratio ZIP
* Coastal Connections 09 - 12 16 06333
East Lyme Middle School 05 - 12 861 12.1 06357
Learn Special Education UG - UG 28 1.8 06371
River Valley Services UG - UG 0 06475

Demographics near Old Lyme, CT

Metric City County
Neighborhood Type Small town
Population 7,582 269,131
Population Density 329 405
Median Age 49.8 41.4
People per Household 2.4 2.4
Median Household Income 113,889 79,040
Average Income per Capita 74,149 42,312