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10 Lyme Street, Old Lyme, CT 06371
$450,000
10 Lyme Street, Old Lyme, CT 06371View this property at 10 Lyme Street, Old Lyme, CT 06371
10 Lyme StreetOld LymeCT06371
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Property Description
Wonderful opportunity to invest in an immaculate commercial property in the heart of Old Lyme village with good revenue stream. All 6 units have been remodeled and are occupied by tenants. Recent updates to the property include: new automatic, propane fueled generator; new hot water heater; new sidewalk; new water treatment system; all new plumbing to radiators. Keep this property all commercial or convert some space to living quarters for an easy commute. Great location!
Full Property Details
Full Property Details for 10 Lyme St
General
- Sold For: $450,000
- Taxes: $8,157 (July 2019-June 2020)
- Status: Closed
- Type: Retail
- MLS ID: 170120116
- Added to Site: 2, 060 day(s) ago
Business
- Business Type: Investment, Office, Retail
Rooms
Bathrooms
- Restrooms: 6
Exterior
- Exterior Features: Lighting, Pole Sign, Sidewalk
Parking
- Parking: On Street Parking, Off Street Parking
- Garage Description: On Street Parking, Off Street Parking
Location
- County: New London
- Driving Directions: Rte 1 to Lyme St.; Rte 156 to McCurdy Rd to Lyme St.; or Rte 156 to Ferry Rd to Lyme St
- Location Details: Downtown, Historic Area, Strip Mall
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Radiator, Oil
- Heating Fuel: Oil
Utilities
- Sewer: Septic
- Water: Private Well
- Utility Description: Electric, Telephone, Cable
- Onsite: Electric, Telephone, Cable
Structural Information
- Exterior Const.: Frame
- Roof: Asphalt Shingle
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 4,013
- Sq. Ft. Source: Public Records
- Year Built: 1925
Unit Information
- # Tenants: 6
Unit 1
- Unit Description: Retail
- Total Bathrooms: 5
- Partial Bathrooms: 5
Unit 2
- Unit Description: Office
- Total Bathrooms: 1
- Partial Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.63
- Frontage: Municipal Street, Paved Road
- Street/Road Desc.: Municipal Street, Paved Road
- Zoning: R15
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $364,000
- Tax Amount: $8,157
- Tax Year: July 2019-June 2020
Disclosures and Reports
- Documents Avail.: Lead Disclosure
- Property ID: 1553231
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Schools
Schools serving 10 Lyme St
School District:Regional School District 18
Rating | Name | Grades | Distance |
---|---|---|---|
205 Mile Creek Rd, Old Lyme, CT 06371 | PK-5 | 2.7 mi | |
53 Lyme St, Old Lyme, CT 06371 | 6-8 | 0.3 mi | |
69 Lyme St, Old Lyme, CT 06371 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10 Lyme St
Date
Details
Price
Change
Source
7/12/2019
Sold
$450,000
-18.03%
MLS
4/17/2019
Price Reduced
$549,000
-21.46%
MLS
3/30/2019
Price Reduced
$699,000
-12.52%
MLS
9/04/2018
Listed
$799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
10 Lyme Street, Old Lyme, CT 06371 (MLS# 170120116) is a Retail property that was sold at $450,000 on July 12, 2019. This property was listed by Julia Rathkey from our Old Lyme/Old Saybrook/Essex Office.Want to learn more about 10 Lyme Street? Do you have questions about finding other Retail real estate for sale in Old Lyme? You can browse all Old Lyme real estate or contact a Coldwell Banker agent to request more information.