224 Shore Rd - Commercial LAND FOR SALE


Old Lyme, CT 06371 74,052 SF
$1,250,000 USD
860-919-7402
224 Shore Rd, Old Lyme, CT for Sale
$1,250,000 USD
Commercial LAND - FOR SALE
1/15
74,052 SF

224 Shore Rd
Old Lyme, CT 06371


HIGHLIGHTS

  • Full approval permitted for up to 14,000 sq ft of storage. Earn passive income.
  • Existing multi-family on property currently rented.
  • Open level lot, easy access and easy to build.

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/ACRE

$735,294/AC

PRICE/SF

$17 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Office, Mixed Use, Multi-Family, Self-Storage

LAND ACRES

1.7 AC

LAND SF

74,052 SF

OFFSITE IMPROVEMENTS

Electricity, Cable, Telephone

ZONING

-

APN/PARCEL ID

OLYM-000008-000000-000033

ASK ABOUT THIS PROPERTY

Jodi SerapiliaWilliam RaveisMore Info
860-919-7402

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Jodi SerapiliaWilliam RaveisMore Info
860-919-7402

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