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$ 1,250,000
Est. payment /mo
New
224 Shore Road Old Lyme, CT 06371
2 Baths
1,698 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,698 sqft
Price per Sqft $736
MLS Listing ID 24124118
Full Baths 2
Year Built 1928
Annual Tax Amount $3,225
Lot Size 1.700 Acres
Property Description
Investment Opportunity! Multi use property. Approved Permit for Storage Units. The "holy grail" of passive income! Property includes a Multi family house with 2 rental units in place and monthly income of approx $3400/ month. Back portion of lot permitted for up to 14,000 Sq Ft of storage units with office space. Full approval and plans for four storage buildings ranging in size from 1800-4200 sq ft. One of four buildings to have a shop/office. This is the last available space in Old Lyme in which storage space can be built. Easy to build on, level open space. Sit back and earn money!
Location
State CT
County New London
Zoning C-30
Interior
Heating Hot Water
Cooling None
Flooring Vinyl
Exterior
Utilities Available Electric Available, Phone Available, Cable Available
Roof Type Asphalt Shingle
Building
Lot Description Some Wetlands, Level Lot, Cleared
Story 2
Sewer Septic
Water Public Water Connected
Listed by Jodi Serapilia • William Raveis Real Estate
