Price Reduced 19.92%
Price History
$999,000
12/15/2022
$900,000
10/21/2023
$850,000
12/21/2023
$800,000
2/25/2024
1 Ferry Road, Lyme, (Hadlyme), CT, 06371
2 beds
2 Half baths
1800
3,330 sqft
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.
Status:
Under Contract
Town:
Lyme
Type:
Commercial
Units:
5
Zoning:
C-40
Frontage:
State Road,Paved Road
Garage:
Paved, Off Street Parking
Heating:
Heat Pump
Cooling:
Ceiling Fans, Heat Pump, Split System
Acreage:
0.18
Est. Taxes:
$5,515
Assessment
$282,800
Current Use
3 retail spaces 2 res. apts
Utilities
Electric,Telephone,Cable
Lot Description:
Corner Lot,Level Lot
Days on Market:
487
MLS #:
170540460
Community Info
School Info
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Copyright ©2024 SmartMLS, Inc.
Listing courtesy of Allyson Cotton, William Pitt Sotheby's Int'l Email: acottonrealtor@gmail.com