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$550,000
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Property Description
Special Opportunity Located on Beautiful Lyme Street / Chance to Live and Work from One Location / Special Permits in Place for Residence and Business to Co-Exist in One Phonomenal Location !!
Full Property Details
Full Property Details for 34 Lyme St
General
- Price: $550,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24138158
- Updated: 11/28/2025
- Added to Site: 76 day(s) ago
Interior
- Flooring: Tile, Wall-To-Wall Carpet, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Restrooms: 2
Parking
- Uncovered Spaces: 4
Location
- County: New London
- Driving Directions: LYME STREET / DOWNTOWN OLD LYME
Heating & Cooling
- Cooling Type: Ceiling Fans, Wall Unit, Whole House Fan
- Heating Type: Hot Air, Hot Water, Zoned, Electric, Oil
- Heating Fuel: Electric, Oil
Utilities
- Sewer: Septic
- Water: Private Well
- Utility Description: Electric, Cable
Structural Information
- Roof: Asphalt Shingle
- Amps: 400
- Square Feet: 2,548
- Sq. Ft. Source: Public Records
- Year Built: 1925
Unit Information
Unit 1
- Unit Description: Retail
- Square Feet: 2548
- Total Bathrooms: 1
Unit 2
- Unit Description: 2 Bedrooms
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.26
- Frontage: State Road, Municipal Street
- Zoning: R-15
- Lot Description: Dry, Level Lot
Financial Considerations
- Assessment Amount: $323,200
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Demographic Data, Lead Disclosure, Legal Description
- Property ID: 1553389
Listed by William Pitt Sotheby's Int'l, Tom Clancy
Get Pre-Approved Today
Schools
Schools serving 34 Lyme St
School District:Regional School District 18
| Name | Grades | Distance |
|---|---|---|
Mile Creek School 205 Mile Creek Road, Old Lyme, CT 06371 | K-5 | 2.8 mi |
Lyme-Old Lyme Middle School 53 Lyme Street, Old Lyme, CT 06371 | 6-8 | 0.3 mi |
Lyme-Old Lyme High School 69 Lyme Street, Old Lyme, CT 06371 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 34 Lyme St
Date
Details
Price
Change
Source
11/28/2025
Price Reduced
$550,000
-7.56%
MLS
11/05/2025
Listed
$595,000
25.26%
MLS
10/04/2023
Sold
$475,000
—
Public Record
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
Tax History for 34 Lyme St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,246
-30%
$323,200
6%
2023
$7,464
4%
$305,900
—
2023
$7,189
—
$305,900
—
2022
$7,189
1%
$305,900
—
2021
$7,127
—
$305,900
—
2020
$7,097
21%
$305,900
17%
2019
$5,871
2%
$262,000
—
2018
$5,740
1%
$262,000
—
2017
$5,699
3%
$262,000
—
2016
$5,554
3%
$262,000
—
2015
$5,402
7%
$262,000
2%
2014
$5,051
2%
$256,900
—
2011
$4,958
—
$256,900
—
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
Estimate the Cost for 34 Lyme St
34 Lyme Street, Old Lyme, CT 06371 (MLS# 24138158) is a Commercial property. 34 Lyme Street is currently listed for $550,000 and was received on November 05, 2025. Want to learn more about 34 Lyme Street? Do you have questions about finding other Commercial 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.

