1 Ferry Road, Lyme, Connecticut 06371

Property Description

Rarely does an investment opportunity in the quintessential community of Lyme, Connecticut come along. Since 1905, when Lee Luther Brockway moved his small country market to the heart of Hadlyme, a village in Lyme, this stunning 3300sqft mixed use commercial building has been the centerpiece of the historic Hadlyme Four Corners. 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 building is fully leased with some long and reoccurring leases in place. The main building is 3330sqft, tenants include a country market, US post office and two 1-bedroom apts. The building's 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. A covered porch runs the side length of the building, the front apartment has a front porch too. 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. This is an investors dream.