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New London 06357
166 West Main Street
$400,000
Commercial - For Sale

166 West Main Street

East Lyme, Connecticut 06357
bedrooms
Studio
bathrooms
0 Bath
square feet
1382 Sqft
$2,250
Estimated Monthly
$0
HOA / Fees
2.67%
Cap Rate

About This Property

Excellent Opportunity to be a part of the Bustling, and Progressively Developing Shoreline Town of Niantic in East Lyme, CT. Midway between New York & Boston, This Mixed-Use property is on The Main Thoroughfare Nearest to The CT Shoreline, just 1.5 Miles to the I-95 On-Ramp & 1.5 Miles to The Heart of Downtown Niantic. Catch this Prime Commercial-Mixed Use 1-acre level, rectangular Lot with 125' of Road Frontage Near Beaches, Boating, Parks, Downtown with Easy Highway Access. There's Potential for Many Possibilities, subject to approvals. The Best use is to tear-down the existing structure to build Your Commercial Concept beside Already Established Businesses such as Fueling stations, Convenience Stores, Restaurants, Bakery, Business Offices, Retail, Health Facilities and more...
Unit Size
1,382Ft²
Days on Market
164 days
Land Size
1.00 acres
Price per sqft
$289
Property Type
Commercial
Property Taxes
$285
HOA Dues
-
Year Built
1939
Listed By
Last updated: 4 months ago (Smart MLS #170611253)

Price History

Date / Event Date Event Price
Nov 18, 2023 Listed by RE/MAX on the Bay $400,000
Listed by RE/MAX on the Bay

Property Highlights

Parking Details
Garage Features: Off Street Parking
Interior Details

Interior Information

Square Feet Source: Approximate

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,590 ft²
$233/ft²
$371,000 Jul 10, 2023
$371,000 Sep 5, 2023
$386/mo
House
3 Beds
2 Baths
1,584 ft²
$236/ft²
$374,000 May 26, 2023
$374,000 Aug 16, 2023
$384/mo
In Contract
House
3 Beds
2 Baths
1,424 ft²
$260/ft²
$369,900 Nov 16, 2023
-
$402/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

166 West Main Street 166 West Main Street, Niantic, CT 06357
  • 1 Unit for Sale
More about this Building
166 West Main Street
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About New London


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