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    170 Flanders Rd East Lyme, CT 06357
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    170 Flanders Rd, East Lyme, CT 06357

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    • Retail properties & Spaces
    • 46,850 SF
    • 3.89 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 170 Flanders Rd

    Year built
    1978
    Lot size
    3.89 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    East Lyme
    County
    New London
    State
    Connecticut
    Longitude
    -72.211
    Latitude
    41.3501
    More about this property
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