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Historic Mixed-Use Buildings
For Sale
$1,200,000

24-26 Lyme St, Old Lyme, CT 06371

Two connected historic properties combine commercial space with a one-bedroom apartment and established architectural features.

Property Size1,824 SF
Price / SF$657.89
Days on Market50

Property Features for 24-26 Lyme St

General Information

Standard status Active
Size 1,824 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,393

Building Details

Year Built 1800
Listing Agency: NestSeekers International
Listed By: Logan Hayes
Source: Davejonesrealty
Added: Jul 13 Changed: Aug 29 Last Checked: Aug 30 at 5:28PM

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 NestSeekers International

Investment Insights

Based on property information with market context.

This offering includes two historic buildings sold together, with a combined 3,384 square feet of space. The building at 24 Lyme Street dates to 1800 and contains 1,824 square feet configured for retail and office use. The 26 Lyme Street building dates to 1750 and provides 1,560 square feet, including a one-bedroom apartment on the second floor. Both properties are tenant-free.

Historic details include oak flooring, a working chimney, new beams, and a foundation updated in 1988. The buildings are located within the Old Lyme Historic District on Lyme Street, near shops, restaurants, churches, and beaches. The property information also identifies potential for business use, redevelopment, or conversion back into residential units.

Key Highlights

  • Two buildings sold together with 3,384 square feet combined
  • 24 Lyme Street: 1,824 square feet of retail and office space; built in 1800
  • 26 Lyme Street: 1,560 square feet with a one‑bedroom second‑floor apartment

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Garden Center Butcher Barber Shop Cafe & Coffee Shop

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

208
Businesses Nearby

Demographics for 06371, CT

9,840
Population
5,503
Households
1.8
Avg Household Size
53
Median Age
56%
College-Educated
98%
High-School Grad
54.0 sq mi
ZIP Area
182
Density / Sq Mi
$127,429
Median Household Income
$60,139
Median Earnings
$1,891
Median Rent
$468,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two connected historic properties combine commercial space with a one-bedroom apartment and established architectural features.
Where is this mixed-use property located?
The property is located at 24-26 Lyme St Old Lyme, CT.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two buildings sold together with 3,384 square feet combined; 24 Lyme Street: 1,824 square feet of retail and office space; built in 1800; 26 Lyme Street: 1,560 square feet with a one‑bedroom second‑floor apartment
More about this property
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