1 Ferry Road, Lyme, CT
$ 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


  • 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

AVG $860K
AVG 115
Data Provided by Inside Real Estate®
Year Built
AVG 1875

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