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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

170 Flanders Rd East Lyme, CT 06357

46,850 SF 3.89 ac lot Built 1978
Property ID
Property summary
AI-generated overview

This exceptional 46,850-square-foot Class A retail property, situated on 3.89 acres at 170 Flanders Rd, offers a unique investment opportunity. Built in 1978 and extensively renovated in 2022, the single-tenant building currently has 3,000 square feet of vacant space available. The property boasts a convenient location on a busy road with approximately 15,000 vehicles passing daily, ensuring high visibility and foot traffic. The existing building is highly versatile, currently housing a mix of tenants including a fitness center, restaurant, grocery store, attorney office, real estate office, nail salon, beauty salon, pet store, and smoke shop. The vacant 3,000 square feet is easily adaptable and can be subdivided into two 1,000-square-foot units, each with its own private entrance and restroom. This flexibility allows for a variety of uses, catering to diverse business needs. The property includes 20 parking spaces, making it convenient for both employees and customers. Its R40 zoning provides ample opportunities for future development. The property's proximity to other retail establishments and easy highway access further enhances its appeal. This is a rare chance to acquire a well-maintained, high-traffic retail property in a thriving commercial corridor. The single-story building offers excellent accessibility and ample space for a variety of retail businesses. The cross street is Society Rd. Don't miss this opportunity to secure a prime location for your business or investment portfolio.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1978
Total area 46,850 SF
Lot 3.89 ac (169,448 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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