284 Shore Road
Old Lyme, Connecticut

Description:

"OPPORTUNITY ENTERPRISE" @ 284 Shore Road" Welcome to the ULTIMATE COASTAL ASSET! Private Boat Mooring Opportunity, High Traffic & 7,200 Car Count! This is an amazing, unique mixed-use building at 284 Shore Road, offering immediate income potential and a spectacular lifestyle. It's situated directly across from the town's main public beach road and includes a rare, private boat mooring opportunity steps away! The newer roof minimizes upfront stress. The commercial space is a ready-to-refine asset: a permitted 16-seat pizza/takeout restaurant where ALL commercial equipment is included (ovens, refrigeration, coolers). This means massive immediate cost savings on startup equipment. While slight improvements are needed, the costly infrastructure and separate utilities are golden. Location is a profit engine: Guaranteed clientele from 7,200 daily car counts and constant foot traffic generated directly opposite the only gas station on this side of town. The upstairs 3-bedroom apartment is partially cleared for immediate, value-add renovation, boasting an enclosed porch and walk-up attic with 2 entrances. Features include ample parking, a newer 350 sq ft paver patio for outdoor seating, and a flexible side/backyard. Though the units and grounds need investment, the strong potential for a lucrative two-family conversion under CT-830G (current septic in place) makes this the final, perfect investment. Don't forget "When opportunity knocks, you take it!" Also listed as Residential MLS#

Listing Courtesy of Silver and Oak Realty