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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

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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

PROPERTY TAXES

Parcel Number
OLYM-000084-000000-000149
Land Assessment
$153,000
Improvements Assessment
$93,500
Total Assessment
$246,500
  • Listing ID: 37811065

  • Date on Market: 9/24/2025

  • Last Updated:

  • Address: 284 Shore Rd, Old Lyme, CT 06371

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