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    34 Lyme St Old Lyme, CT 06371

    For Sale
    $550,000

    Commercial For Sale - Old Lyme, CT

    Property size:
    2,548 SF
    Lot size:
    0.26 Acres
    Days on Market:
    8
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 34 Lyme St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-15
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    1553389
    Size
    2,548 SF
    Lot size
    0.26 Acres

    Utilities

    Heating system
    Electric (Heating), Hot Water (Heating), Oil, Zoned (Heating)
    Cooling system
    Ceiling Fan(s), Wall Unit(s), Whole House Fan

    Building Details

    Year built
    1925
    Flooring type
    Carpet, Carpet - Full, Tile, Wood
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    William Pitt Sotheby's International Realty [email protected]

    Listing agent Tom Clancy (203) 245-6700

    Listing date Nov 28, 2025

    MLS# 24138158 Listing URL

    Copyright © 2025 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Old Lyme Mixed-Use Property

    This mixed-use property is located on Lyme Street in Old Lyme, CT. The property offers an opportunity to live and work from one location. Special permits are in place for a residence and business to co-exist. The property has a size of 2548 square feet and is situated on a 0.26-acre lot. The zoning is R-15.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Old Lyme
    County
    New London
    State
    Connecticut
    Longitude
    -72.3302408
    Latitude
    41.3158972

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property suitable for residence and business.
    Where is this mixed-use property located?
    The property is located at 34 Lyme St Old Lyme, CT.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Special permits in place for residence and business to co-exist.; - Opportunity to live and work from one location.; - Located on Beautiful Lyme Street.
    (203) 245-6700
    Request Owner's contact information
    34 Lyme St Old Lyme, CT 06371
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    34 Lyme St Old Lyme, CT 06371
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