$750,000
$800,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
5 Baths
3,330 SqFt
SOLD DATE : 05/15/2024
Key Details
Sold Price $750,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,330 sqft
Price per Sqft $225
MLS Listing ID 170540460
Sold Date 05/15/24
Half Baths 5
Year Built 1800
Annual Tax Amount $5,515
Lot Size 7,840 Sqft
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.
Location
State CT
County New London
Zoning C-40
Interior
Heating Heat Pump
Cooling Ceiling Fans, Heat Pump, Split System
Flooring Tile, Vinyl, Wood
Exterior
Exterior Feature Gutters, Lighting
Garage Paved, Off Street Parking
Utilities Available Electric, Telephone, Cable
Roof Type Wood Shingle
Building
Lot Description Corner Lot, Level Lot
Story 2
Foundation Concrete, Stone
Sewer Septic
Water Private Well
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Bought with Unrepresent Buyer • Unrepresented Buyer
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Broker | REB.0791464