207 Boston Post RdEast Lyme, CT 06333

Property Details for 207 Boston Post Rd

Lot size

2.72 AC

Zone code

CA

Property type

Commercial land

APN

ELYM M:030.2 B:00065 L:00000

APU

ELYMM0302B00065L00000

Description

This exceptional 2.72-2.87 acre commercial land parcel presents a unique investment opportunity in East Lyme, Connecticut. Located at 207 Boston Post Rd, 06333, this property boasts 300 feet of frontage on the highly trafficked Boston Post Road (Route 1) and an additional 550 feet of frontage on Upper Pattagansett Road, creating a wide corner lot with exceptional visibility. Situated just east of the East Lyme Post Office and less than half a mile from Flanders Four Corners, the property benefits from its location amidst existing retail businesses. The land is zoned for commercial use within the commercial district-CA. Sewer access is readily available, and recent state road improvements, including a new bridge, have significantly enhanced accessibility and visibility. The property's ideal location and improved infrastructure create numerous commercial development possibilities. A 10-year lease option is available at $1000/month. The asking price is $150,000. The property's APN is Map 30.2 Lot 65. Ownership is held by Marc Gottesdiener and family of Audra Winston.

• Alternative Use

  Use

  Valuation

  Residential

  $22,439,596

  Hospitality

  $20,554,548

  Educational

  $17,101,144

  Medical

  $17,689,278

  Retail

  $26,601,778

Location Insight

City

East Lyme

County

New London

State

Connecticut

Latitude

41.3686

Longitude

-72.2199

CBSA code

35980

CBSA name

NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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