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Map
$400,000
●
Commercial -
For Sale
166 West Main Street
East Lyme, Connecticut 06357
Studio
0 Bath
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
Exterior Details
Property Information
Road Frontage Estimate: 125
Road Frontage: State Road, Municipal Street, Paved Road
Year Built: 1939
Building Information
Foundation Type: Concrete
Roof: Asphalt Shingle
Financial Details
Property Tax: $3,421
Tax Year: July 2023-June 2024
Assessed Value: $137,480
Utilities Details
Cooling Type: None
Heating Type: Other
Heating Fuel: No Fuel, Oil
Sewage System: Public Sewer Connected
Water Source: Public Water In Street, Private Well
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
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
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
About New London
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