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$1,150,000 Just Listed

  • For Sale
  • Active
  • Commercial
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Situated in the heart of downtown Niantic, 43 Pennsylvania Avenue presents an exceptional opportunity for owner-users, investors, or developers seeking a versatile commercial asset in one of East Lyme's most visible and walkable corridors. The building spans approximately 3,065 square feet on a 0.79-acre parcel with ample on-site parking and asphalt paving. Originally constructed as a bank in 1972, the property features robust infrastructure including 300-amp, 3-phase electrical service, a central heat and air conditioning .system installed in 2022, and ADA-compliant entrances.

Full Property Details for 43 Pennsylvania Ave

General

  • Price: $1,150,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24151583
  • Updated: 1/29/2026
  • Added to Site: 4 day(s) ago

Location

  • County: New London
  • Neighborhood: Niantic
  • Driving Directions: Use GPS

Community

  • Community Name: Niantic

Heating & Cooling

  • Cooling Type: Central Air, Heat Pump
  • Heating Type: Hot Air, Propane
  • Heating Fuel: Propane

Utilities

  • Sewer: Septic
  • Water: Public Water Connected
  • Utility Description: Electric

Structural Information

  • Roof: Metal
  • Square Feet: 4,285
  • Sq. Ft. Source: Public Records
  • Year Built: 1972

Lot Features

  • Lot Size (Acres): 0.79
  • Frontage: State Road
  • Zoning: CB
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $617,400
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Documents Avail.: Brochure
  • Property ID: 1467600

Listed by Berkshire Hathaway NE Prop., Whitney Easton and Berkshire Hathaway NE Prop., Jennifer Ferri

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Listing agents

— 43 Pennsylvania Ave —

  • Whitney Easton

    Berkshire Hathaway NE Prop.

  • Jennifer Ferri

    Berkshire Hathaway NE Prop.

Agent Contact: (203) 401-4203 Office Contact: (860) 536-4906

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 43 Pennsylvania Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/26/2026
Listed
$1,150,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 43 Pennsylvania Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,293
6%
$617,400
—
2023
$16,268
6%
$617,400
—
2023
$15,361
4%
$617,400
—
2022
$14,719
-13%
$617,400
4%
2021
$16,852
1%
$591,080
—
2020
$16,763
1%
$591,080
—
2019
$16,663
3%
$591,080
—
2018
$16,166
5%
$591,080
—
2017
$15,463
40%
$591,080
35%
2016
$11,067
3%
$436,380
—
2015
$10,783
3%
$436,380
—
2014
$10,486
3%
$436,380
—
2012
$10,189
—
$436,380
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 43 Pennsylvania Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Berkshire Hathaway NE Prop., Whitney Easton and Berkshire Hathaway NE Prop., Jennifer Ferri

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43 Pennsylvania Avenue, East Lyme, CT 06357 (MLS# 24151583) is a Commercial property. 43 Pennsylvania Avenue is currently listed for $1,150,000 and was received on January 26, 2026. Want to learn more about 43 Pennsylvania Avenue? Do you have questions about finding other Commercial real estate for sale in Niantic? You can browse all Niantic real estate or contact a Coldwell Banker agent to request more information.

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