Listing Agency: Northeast Private Client Group | CT/Metro North Show Phone

Listed By: Brad Balletto Show Phone

Source: Moodyscre

Added: Apr 18, 2025 Changed: Aug 8 Last Checked: Sep 5 at 3:06PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northeast Private Client Group | CT/Metro North

Investment Insights

Based on property information with market context.

This retail property, comprising 50,223 square feet, is positioned as an area retail hub. It is located within a high barrier to entry market and features long-term, internet-resistant tenancy. The property benefits from strong area demographics and is described as a cash-flowing asset with upside potential.

Key Highlights

• Cash flowing asset with upside potential
• Long term internet‑resistant tenancy
• Strong area demographics

Property Analytics

Property Profile

Current Use

The Law Office of Khorey ... Law Firm Sablone Francis Law Firm Amy B Weldon Physician Rubino Law LLC Law Firm Hair Trendz Hair ... Hair Salon

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Storage Facility Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

349

Businesses Nearby

34k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 63% Shops & Services 37%

Big Y World Class Market Groceries

21,515 visits/mo 0.2 miles

Mobil Shops & Services

9,899 visits/mo 0.1 miles

Webster Bank Shops & Services

2,487 visits/mo 0.3 miles

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this shopping centers located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Renovated Multifamily Property with Cottage

40 Portland Avenue, Old Lyme, CT 06371

$799,000

2,225 SF

View details

Renovated Beach-Access Triplex

40 Portland Avenue, Old Lyme, CT 06371

$799,000

2,225 SF

View details

Office Condominium Suite with A/C

100 Halls Road Unit 10&12, Old Lyme, CT 06371

$165,000

1,105 SF

View details

Two-Cottage Duplex Property

10 Hartford Avenue, Old Lyme, CT 06371

$609,900

960 SF

View details

Turnkey Pizzeria with Real Estate

264 Shore Road, Old Lyme, CT 06371

$875,000

3,902 SF

View details

Two-Cottage Multifamily Property

10 Hartford Ave, Old Lyme, CT 06371

$609,900

View details

Turnkey Fitness Center in Old Lyme

54 Halls Road, Old Lyme, CT 06371

$99,000

View details

Similar Off Market Nearby

• Coinstar Kiosk | Bitcoin ATM — Big Y Foods, 90 Halls Rd, Old Lyme, CT 06371

Frequently Asked Questions

What type of property is this?

Shopping center - Ideally located retail hub with long-term tenancy and strong demographics.

Where is this shopping center located?

The property is located at 19 Halls Rd Old Lyme, CT.

What is the asking price?

The asking price for this property is $4,500,000.

What are key features of this property?

This property features: Cash flowing asset with upside potential; Long term internet‑resistant tenancy; Strong area demographics