1 Ferry Road, Lyme, CT 06371

$750,000
5
BA
3,330
SqFt
Sold Price
$750,000
List Price
$800,000
Status
CLOSED
MLS#
170540460
Closing Date
May 15, 2024
Year Built
1800
Levels
2
Bathrooms
5
Acres
0.18
Living Area
3,330

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.

Additional Information

Taxes
$5,515
Lot Size
7,840
Flooring
Tile, Vinyl, Wood
Heating
Heat Pump
Fuel Type
Electric
Cooling System Type
Ceiling Fans, Heat Pump, Split System
Sewer
Septic
Water Source
Private Well
Exterior Features
Gutters, Lighting

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Allyson Cotton from William Pitt Sotheby's Int'l

Listing courtesy of Allyson Cotton from William Pitt Sotheby's Int'l

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