Investment Opportunity! Multi use property. Approved Permit for Storage Units. The "holy grail" of passive income! Property includes a Multi family house with 2 rental units in place and monthly income of approx $3400/ month. Back portion of lot permitted for up to 14,000 Sq Ft of storage units with office space. Full approval and plans for four storage buildings ranging in size from 1800-4200 sq ft. One of four buildings to have a shop/office. This is the last available space in Old Lyme in which storage space can be built. Easy to build on, level open space. Sit back and earn money! Buyer/Buyer's agent to do due diligence. Permits are valid for 9 years with an option to extend past that an additional 5 years. See also commercial MLS#24124118
For sale
$1,250,000
224 Shore Road, Old Lyme, CT 06371
4beds
1,698sqft
Est.:
Multi Family
Built in 1928
-- sqft lot
$-- Zestimate®
$736/sqft
$-- HOA
What's special
- 25 days |
- 640 |
- 10 |
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