24-26 Lyme Street,Old Lyme, CT 06371
Old Lyme, CT 06371
Description
Don't miss this rare opportunity to own two well-maintained historic buildings in the heart of the Old Lyme Historic District! 24 & 26 Lyme Street are being sold together, offering a unique chance to invest in a high-visibility location within this charming New England village. * 24 Lyme Street (built in 1800) features 1,824 sq. ft. of retail and office space, ideal for business use or potential redevelopment. * 26 Lyme Street (built in 1750) offers 1,560 sq. ft., including a beautifully designed one-bedroom apartment on the second floor with a touch of Manhattan elegance. This property also boasts a working chimney, an updated foundation (1988), new beams, and stunning oak floors-a seamless blend of historic charm and modern enhancements. Located on picturesque Lyme Street, these properties are surrounded by shops, restaurants, churches, and beaches, making them ideal for investment, personal use, or conversion back into residential units. We encourage you to schedule a private showing so we can coordinate accordingly with the retail tenants. Come take a tour, explore the possibilities, and enjoy the fresh ocean air! Rent rolls and monthly operating costs are available upon request. Projected cap rate from previous rentals can be an estimated 8-9%
Details
| MLS # | 24079235 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1800 |
| Days On Site | 120 |
| Listing Provided By | NestSeekers International | Logan Hayes |
Features
| Bath(s) | 4 Total |
|---|---|
| SQ Feet | 3,384 |
| Zoning | R-15 |
Interior
| Total Rooms | 0 |
|---|---|
| Cooling System | Wall Unit |
Exterior
| Roof Information | Asphalt Shingle |
|---|---|
| Foundation Type | Concrete |
Utilities
| Utilities Available | Electric |
|---|---|
| Sewage System | Septic |
Taxes
| Tax Year | July 2024-June 2025 |
|---|---|
| Property Tax | 12659 |
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Learn More About This Property
| State | CT |
|---|---|
| County | New London |
| City | Old Lyme |
| Zip Code | 06371 |
| Area | N | A |
 | $1,200,00024-26 Lyme StreetOld Lyme, CT 06371 |
 | $1,150,0009 Academy LaneOld Lyme, CT 06371 |