1 Ferry Road

Lyme, CT 06371

$800,000
Price
Beds
5
1/2 Baths
3,330 Sq. Ft.
$240 / Sq. Ft.
3,330
Sq. Ft.
$240
per Sq. Ft.

Description

Rarely does an investment opportunity in the quintessential community of Lyme, Connecticut come along. The Hadlyme Country Market and the stunning 3300sqft mixed use commercial/residential building has been the centerpiece of the historic Hadlyme Four Corners. Now, the building is being offered with the Hadlyme Country Market business along with the investment building it is operating in. In 2013 the retail spaces were completely rebuilt and then the two 2nd floor apartments were beautifully renovated....Rarely does an investment opportunity in the quintessential community of Lyme, Connecticut come along. The Hadlyme Country Market and the stunning 3300sqft mixed use commercial/residential building has been the centerpiece of the historic Hadlyme Four Corners. Now, the building is being offered with the Hadlyme Country Market business along with the investment building it is operating in. In 2013 the retail spaces were completely rebuilt and then the two 2nd floor apartments were beautifully renovated. The building houses the essential post office with its classic beadboard interior, and antique glass service window. The main building is 3330sqft, tenants include a country market, US post office and two 1-bedroom apts, and a gift shop. The building is fully leased. The exterior features a welcoming front porch, a picnic area, and parking spaces on two sides. The two apartments occupy the 2nd floor with separate utilities and efficient HVAC systems. In addition, there is a 432sqft separate renovated retail building featuring a vaulted ceiling with beams. The exterior is stunning with it’s stylized columns, hand chiseled European style patio and granite walkways, and freshly painted. A commercial septic system was installed 2013 along with a new cedar shingle roof in 2010. Updates include new plumbing, electrical, HVAC, new windows, flooring, siding.
  1. Listed by Allyson Cotton • William Pitt Sotheby's Int'l
    P: (860) 227-6016 C: (860) 227-6016 acottonrealtor@gmail.com

Property Details for 1 Ferry Road

Basement Description
Partial With Hatchway
Direct Waterfront
No
Garages Number
0
Neighborhood
Hadlyme
Garage Parking Info
Paved, Off Street Parking
Swimming Pool
No

Location

Listing Courtesy of William Pitt Sotheby's Int'l, Allyson Cotton
Add your commute
LISTING UPDATED: 04/16/2024 08:53 PM

Property Details for 1 Ferry Road

StatusUnder Contract
MLS #170553137
Days on Market412
Taxes$5,515 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Other
Year Built1800
Lot Size0.18 AC / 7,840 SF
CountyNew London County

Location

Listing Courtesy of William Pitt Sotheby's Int'l, Allyson Cotton
Add your commute

Building Information for 1 Ferry Road

Stories-Residences5Year Built1800Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

$4,826 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,366

Property Taxes

$460

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1 Ferry Road

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Rt 82 to Hadlyme 4 Corners. This is 1 Ferry Rd in Lyme (Hadlyme). Not OLD LYME.
  • Elementary School: Lyme Consolidated
  • Flood Zone: No
  • High School: Lyme-Old Lyme
  • Latitude: 41.422462
  • Longitude: -72.39991
  • State: Connecticut
Parking
  • Parking Total Spaces: 0
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $5,515
Interior and Exterior Features
Exterior Features
  • Exterior Features: Gutters, Lighting
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: Ceiling Fans, Heat Pump, Split System
  • Heat Type: Heat Pump
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 0
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Shake
  • Foundation Type: Concrete, Stone
  • Fuel Tank Location: Non Applicable
  • New Construction Type: No/Resale
  • Roof: Wood Shingle
  • Year Built: 1800
  • Year Built Source: Public Records
  • Bank Owned Property: No
Lot Information
  • Lot Description: Corner Lot, Level Lot
  • Parcel Number: 1520980
  • Sq Ft Est Heated Above Grade: 3330.0
  • Sq Ft Total: 3330.0
  • Zoning: C-40
Utilities
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Sewage System: Septic
  • Water Source: Private Well
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 5
  • Total Rooms Multi Family: 0
Building Details
  • Unit Count: 5
Unit 1
  • Lease: Leased
  • Listing Key: F5C7F80155FB26DAE0531401100AF43A
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 561
  • Unit Entry Order: 3
  • Unit Half Baths: 1
  • Unit Modified Date: 04-16-2024
  • Unit Monthly Rent: $1,250
  • Unit Number Of: 1
  • Unit Num Vacant: 0
  • Unit Type: 1 Bedroom
Unit 2
  • Lease: Leased
  • Listing Key: F5C7F80155FB26DAE0531401100AF43A
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 561
  • Unit Entry Order: 4
  • Unit Half Baths: 1
  • Unit Modified Date: 04-16-2024
  • Unit Monthly Rent: $1,275
  • Unit Number Of: 1
  • Unit Num Vacant: 0
  • Unit Type: 1 Bedroom
Unit 3
  • Lease: Leased
  • Listing Key: F5C7F80155FB26DAE0531401100AF43A
  • Unit Average Sq Ft: 1188
  • Unit Entry Order: 1
  • Unit Half Baths: 1
  • Unit Modified Date: 04-16-2024
  • Unit Monthly Rent: $1,500
  • Unit Number Of: 1
  • Unit Num Vacant: 0
  • Unit Type: Retail
Unit 4
  • Lease: Leased
  • Listing Key: F5C7F80155FB26DAE0531401100AF43A
  • Unit Average Sq Ft: 522
  • Unit Entry Order: 2
  • Unit Half Baths: 1
  • Unit Modified Date: 04-16-2024
  • Unit Monthly Rent: $973
  • Unit Number Of: 1
  • Unit Num Vacant: 0
  • Unit Type: Retail
Unit 5
  • Listing Key: F5C7F80155FB26DAE0531401100AF43A
  • Unit Average Sq Ft: 432
  • Unit Entry Order: 5
  • Unit Half Baths: 1
  • Unit Modified Date: 04-16-2024
  • Unit Monthly Rent: $975
  • Unit Number Of: 1
  • Unit Num Vacant: 0
  • Unit Type: Retail

Public Records for 1 Ferry Road

Taxable ValueLand$86,600Additions$196,200Total$282,800
Tax Record2023$5,515 ($460 / month)
Home Facts
Lot Size7,919 SqFtStyleMiscellaneous CommercialCountyNEW LONDONAPNLYME M:8 L:53

Schools near 1 Ferry Road

This home is within Regional School District 18.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 8 to 12
Rating
School
Distance
Lyme Consolidated School
PublicK to 5

Lyme-Old Lyme Middle School
Public6 to 8

Lyme-Old Lyme High School
Public9 to 12

Franklin Academy
Private8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of William Pitt Sotheby's Int'l, Allyson Cotton

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.