207 Boston Post RdEast Lyme, CT 06333
- Land
- 2.72 AC
Property Details for 207 Boston Post Rd
- Lot size
- 2.72 AC
- Zone code
- CA
- Property type
- Land
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
FAQs
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