Address
1 Ferry Road, Lyme, CT
Price
$ 900,000
Property Attributes
- ID#170553137
- TypeMulti-Family
- CountyNEW LONDON
- CityLyme
- Zip06371
- Style
- Price$ 900,000
- Bedrooms0
- Full Bathrooms5
- Half Bathrooms5
- Sqr Footage3330
- Lot Size7,841 SqFt
Data Source:
Smart MLS
Property Description
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.
| Elementary School | High School |
|---|---|
| Lyme Consolidated Elementary School | Lyme-Old Lyme High School |
| Price History | |
|---|---|
| 2/28/2023 | Listed $999,000 |
| 10/21/2023 | 10% - $900,000 |
General Features
| Acres | 0.18 |
|---|---|
| City | Lyme |
| County | New London |
| DOM | 273 |
| Directions | Rt 82 to Hadlyme 4 Corners. This is 1 Ferry Rd in Lyme (Hadlyme). Not OLD LYME. |
| Elementary School | Lyme Consolidated |
| Exterior Features | Gutters, Lighting |
| Half Baths | 5 |
| Heater Type | Heat Pump |
| High School | Lyme-Old Lyme |
| Neighborhood | Hadlyme |
| Property SubType | Other |
| Property Type | Multi-Family For Sale |
| Sq Ft Total | 3330 |
| Status | Active |
| Street Name | Ferry |
| Video Tour Y/N | Yes |
| Year Built | 1800 |
| Year Built Source | Public Records |
| Zoning | C-40 |
Interior Features
| Basement Description | Partial With Hatchway |
|---|---|
| Cooling System | Ceiling Fans, Heat Pump, Split System |
| Hot Water | Electric |
| Total Bathrooms | 5 |
| Total Number of Units | 5 |
Exterior Features
| Garage Parking | Paved, Off Street Parking |
|---|---|
| Lot Description | Corner Lot, Level Lot |
| Water Source | Private Well |
| Waterfrontdescription | Not Applicable |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 06371
Price
Visits
Year Built
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