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1 Ferry Road, Lyme, CT 06371
$750,000
1 Ferry Road, Lyme, CT 06371View this property at 1 Ferry Road, Lyme, CT 06371
1 Ferry RoadLymeCT06371
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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.
Full Property Details
Full Property Details for 1 Ferry Rd
General
- Sold For: $750,000
- Taxes: (July 2023-June 2024)
- Status: Closed
- Type: Commercial
- MLS ID: 170540460
- Added to Site: 535 day(s) ago
Interior
- Flooring: Tile, Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Half Bathrooms: 5
Exterior
- Exterior Features: Gutters, Lighting
Parking
- Parking: Paved, Off Street Parking
Location
- County: New London
- Neighborhood: Hadlyme
- Driving Directions: Rt 82 to Hadlyme 4 Corners. This is 1 Ferry Rd in Lyme (Hadlyme). Not OLD LYME.
Community
- Community Name: Hadlyme
Heating & Cooling
- Cooling Type: Ceiling Fans, Heat Pump, Split System
- Heating Type: Heat Pump, Electric
- Heating Fuel: Electric
Utilities
- Sewer: Septic
- Water: Private Well
- Utility Description: Electric, Telephone, Cable
Structural Information
- Construction Status: No/Resale
- Roof: Wood Shingle
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 3,330
- Sq. Ft. Source: Public Records
- Current Bldg. Use: 3 retail spaces 2 res. apts
- Year Built: 1800
Unit Information
- # Tenants: 5
Unit 1
- Unit Description: Retail
- Square Feet: 1188
- Total Bathrooms: 1
- Partial Bathrooms: 1
Unit 2
- Unit Description: Retail
- Square Feet: 522
- Total Bathrooms: 1
- Partial Bathrooms: 1
Unit 3
- Unit Description: 1 Bedroom
- Square Feet: 561
- Total Bathrooms: 1
- Partial Bathrooms: 1
Unit 4
- Unit Description: 1 Bedroom
- Square Feet: 561
- Total Bathrooms: 1
- Partial Bathrooms: 1
Unit 5
- Unit Description: Retail
- Square Feet: 432
- Total Bathrooms: 1
- Half Baths: 1
- Partial Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.18
- Frontage: State Road, Paved Road
- Frontage Feet: 221
- Present Use: 3 retail spaces 2 res. apts
- Zoning: C-40
- Lot Description: Corner Lot, Level Lot
Financial Considerations
- Assessment Amount: $282,800
- Tax Year: July 2023-June 2024
Disclosures and Reports
- Documents Avail.: Plot Plan/Survey
- Property ID: 1520980
Listed by William Pitt Sotheby's Int'l, THE A TEAM OF WILLIAM PITT SOTHEBY'S INTERNATIONAL REALTY, Allyson Cotton
Sold by Unrepresented Buyer, Unrepresent Buyer
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Schools
Schools serving 1 Ferry Rd
School District:Regional School District 18
Rating | Name | Grades | Distance |
---|---|---|---|
478 Hamburg Rd, Lyme, CT 06371 | PK-5 | 7 mi | |
53 Lyme St, Old Lyme, CT 06371 | 6-8 | 1.3 mi | |
69 Lyme St, Old Lyme, CT 06371 | 9-12 | 1.6 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 1 Ferry Rd
Date
Details
Price
Change
Source
5/15/2024
Sold
$750,000
-6.25%
MLS
2/25/2024
Price Reduced
$800,000
-5.88%
MLS
2/22/2024
Price Reduced
$850,000
-5.56%
MLS
10/21/2023
Price Reduced
$900,000
-9.91%
MLS
12/15/2022
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1 Ferry Road, Lyme, CT 06371 (MLS# 170540460) is a Commercial property that was sold at $750,000 on May 15, 2024. Want to learn more about 1 Ferry Road? Do you have questions about finding other Commercial real estate for sale in Hadlyme? You can browse all Hadlyme real estate or contact a Coldwell Banker agent to request more information.