159 Boston Post Rd - Apartments FOR SALE


East Lyme, CT 06333- Southwest New London/Lyme
$2,600,000 USD
860-237-7259
159 Boston Post Rd, East Lyme, CT for Sale
$2,600,000 USD
Apartments - FOR SALE
1/28
null | Request Cap Rate

159 Boston Post Rd
East Lyme, CT 06333
Southwest New London/Lyme


OVERVIEW

Introducing an exceptional mixed-use commercial property in the vibrant heart of East Lyme, where contemporary design meets timeless sophistication. Newly constructed with superior craftsmanship and thoughtful attention to detail, this property offers a rare opportunity for investors, business owners, and residents alike. Designed to accommodate both commercial and residential use, the building features well-planned spaces that combine functionality, style, and long-term value. The property also offers potential for future expansion, including the possibility of adding additional residential apartments, subject to town approvals. With its prime location, quality construction, and strong growth potential, this property stands out as a stable investment opportunity and an attractive option for a 1031 exchange. Whether you are seeking a stable investment, a premier commercial location, or an elegant residential address, this East Lyme property delivers lasting appeal and exceptional potential.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$260 USD /SF

# OF UNITS

7

PRICE/UNIT

$371,429

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

Bus/Res

APN/PARCEL ID

ELYM-003101-000032

ASK ABOUT THIS PROPERTY

Mantas LaureckisThe Bill Heenan TeamMore Info
860-237-7259

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Mantas LaureckisThe Bill Heenan TeamMore Info
860-237-7259

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.