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284 Shore Rd 2,164 SF 100% Leased Retail Building Old Lyme, CT 06371 $500,000 ($231.05/SF) 5% Cap Rate

Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,164 SF
Year Built
1947
Price
$500,000
Price Per SF
$231.05
Cap Rate
5%
NOI
$25,000
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.35
Lot Size
0.14 AC
Zoning
C-10
Parking
4 Spaces (1.85 Spaces per 1,000 SF Leased)
Frontage
60’ on Shore Rd
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | OLYM-000084-000000-000149 | Improvements Assessment | $93,500 |
| Land Assessment | $153,000 | Total Assessment | $246,500 |
Property Taxes
Parcel Number
OLYM-000084-000000-000149
Land Assessment
$153,000
Improvements Assessment
$93,500
Total Assessment
$246,500
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Presented by
Olympic Realty
284 Shore Rd
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