207 Boston Post Rd East Lyme, CT 06333-1659
This exceptional 2.72-2.87 acre commercial land parcel presents a unique investment opportunity in East Lyme, Connecticut. Located at 207 Boston Post Rd, 06333, this property boasts 300 feet of frontage on the highly trafficked Boston Post Road (Route 1) and an additional 550 feet of frontage on Upper Pattagansett Road, creating a wide corner lot with exceptional visibility. Situated just east of the East Lyme Post Office and less than half a mile from Flanders Four Corners, the property benefits from its location amidst existing retail businesses. The land is zoned for commercial use within the commercial district-CA. Sewer access is readily available, and recent state road improvements, including a new bridge, have significantly enhanced accessibility and visibility. The property's ideal location and improved infrastructure create numerous commercial development possibilities. A 10-year lease option is available at $1000/month. The asking price is $150,000. The property's APN is Map 30.2 Lot 65. Ownership is held by Marc Gottesdiener and family of Audra Winston.
20.25 RESTAURANT OUTDOOR DINING IN CA AND CB ZONES- The purpose of this section is to promote and regulate Outdoor Dining. Outdoor dining shall be permitted outright subject to compliance with Section 20.25 and approval by the Zoning Official. Such dining shall be subject to a Special Permit for establishments that serve alcoholic beverages (see Section 25 “…
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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Property description
Physical attributes from public recordsZoning & alternative use
CA · East Lyme, CT20.25 RESTAURANT OUTDOOR DINING IN CA AND CB ZONES- The purpose of this section is to promote and regulate Outdoor Dining. Outdoor dining shall be permitted outright subject to compliance with Section 20.25 and approval by the Zoning Official. Such dining shall be subject to a Special Permit for establishments that serve alcoholic beverages (see Section 25 “Special Permits”) A standard fast-food restaurant, may, as an accessory use, provide outdoor dining subject to the following standards: A. Applicant shall submit a site plan to the Zoning Official for administrative review and the Zoning Commission for Special Permit Applications. B. 1. The area subject to such dining may shall not exceed one thousand square
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