Calling All Business Owners & Investors! If You're Looking To Expand Your Business Or Invest In A Desirable & Convenient Location Near Flanders Four Corners Of East Lyme, Now Is Your Chance! Zoned CA-Commercial - For Convenient Neighborhood & Community Oriented Commercial Development, It Benefits From Approximately 7,000 Daily Car Counts, 4-Car Parking Lot, Rt-1 & I-95 Access. This Mixed-Use Property Features 3 Units With 1,725 SF 2 Levels Building Set On .68 Acre, 75' Street Frontage On A High-Traffic Visibility Street For Your Business Signage, Sure To Have Your Business Noticed & Booming Along With Other High Rent Commercial Tenants. Surrounded By Well-Known Businesses, Shopping, Walking Distance To Restaurants, Casinos, Attractions Like Mystic Seaport, Parks & Trails, Beaches, Boating, And More. Nearby Employers Include Pfizer, Electric Boat & Sub Base. PERMITTED USES: Retail, Restaurant, Bakery, Office, Medical, Law Or CPA Firms, Real Estate Or Ins Agencies, Child Care Center, Personal Service. BY SPECIAL PERMIT: Indoor Recreation, Wholesale, Laundromat, Auto Sales, Fast Food, Elderly Housing, Veterinary Clinic, & More. Seller Might Be Open To Selling 189 Boston Post Rd To Combine Two Parcels For Commercial Development. Combined Would Be 1.32 Acre And 150' Street Frontage. The Area Is A Goldmine Experiencing Continuous Retail Development, Ensuring Your Investment Will Appreciate Over Time. This Commercial Property Provides A Solid Foundation For Your Vision. Sold As-Is.
Multi-familyProperty Type
1920Year Built
0.68 acresLot Size
$274Est. Price/Sq.Ft.
4 spacesParking
Listed by Michael Truong• eXp Realty
Bought with Amy Rubin• William Raveis Real Estate
Source:Smart MLS #24052139
Redfin Estimate
$472,567
$74K since sold in December 2024$7,000 since July
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This home's estimate is 7.1% lower than the average sale price ($509K) of 6 comparable homes.