Old Lyme Shopping Center

For Sale

19 Halls Road, Old Lyme, CT 06371

This Old Lyme property for sale is located at 19 Halls Road. The current listed sale price for Old Lyme Shopping Center is $5,100,000. Old Lyme Shopping Center is situated on a lot that is 5.22 acre in size.

Contacts

broker

Bradley Balletto

Northeast Private Client Group

Property Details

  • Property Type Retail - Freestanding
  • Property Size 50,223 SF
  • Units 36
  • Lot Size 5.22 Acre
  • Additional Rent Contact for pricing
  • Year Built 1991
  • Date Updated Aug 5, 2024
Old Lyme has an area of 28 square miles and is situated directly on the Northeast Regional and Shoreline East Metro lines. This gives Old Lyme direct access to hubs ranging from New London, Groton, New Haven, Hartford, and even as far as Providence, RI. At 5.7 square miles, the town’s impressive water frontage makes Old Lyme an ideal summer residence location. Due to this, the town sees it’s population well over double during the 14 week summer season. Old Lyme has access to many waterfronts, including Rogers Lake, The Connecticut River, and Sound View Beach. Old Lyme has a rich history as a member of the art community. The Lyme Art Colony counted many prominent American Impressionist painters among their members, including Childe Hassam, Edward Charles Volkert, Willard Metcalf, Wilson Irvine, and Henry Ward Ranger. Old Lyme continues it’s thriving art community today with the Lyme Academy College of Fine Arts.Northeast Private Client Group is pleased to exclusively present for sale Old Lyme Shopping Center, a 50,223 square foot shopping center located at 19 Halls Road (US Route 1) in the affluent shoreline town of Old Lyme, CT. Old Lyme Shopping Center sits on a 5.22-acre parcel and is leased to a diverse tenant mix consisting of medical office, professional users, and service oriented and everyday-needs retailers, many of which have been in place for over 10 years. Old Lyme Shopping Center is located immediately off exit 70 on Interstate 95 (ADT of 59,000) on US Route 1 with 11,000 cars passing by per day in the heart of the primary retail and commercial corridor of Old Lyme, CT. Old Lyme Shopping Center is directly across the street from the town’s only major retail center which is anchored by Big Y World Class Market and Walgreens and features a United States Postal Service office. Old Lyme Shopping Center features approximately 430 feet of Frontage on Halls Road (US Route 1) with two means of entry and egress and 154 parking spaces. There is the potential opportunity to expand by adding a retail pad on the Route 1 frontage.

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Highlights

  • Immediate Scale
  • Ideally Located Area Retail Hub
  • High Barrier to Entry Market
  • Long Term Internet-Resistant Tenancy
  • Strong Area Demographics
  • Cash Flowing Asset With Upside Potential

Getting around

  • 43/100

    Walk Score ®

  • 40/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Old Lyme, CT
  • Zip Code 06371
  • Market Bridgeport New Haven

Points of Interest

  • Old Saybrook

    2.82 miles

  • Deep River Landing

    6.76 miles

  • Chester

    8.29 miles

  • Mobil

    0.19 miles

  • Sunoco

    2.95 miles

  • Citgo

    3.80 miles

  • Cumberland Farms

    4.64 miles

  • Guy's Oil

    6.25 miles

  • Valero

    6.40 miles

  • Costco Gasoline

    6.66 miles

  • Charging Station

    6.80 miles

  • Connecticut Park and Ride

    0.35 miles

  • The Preserve Parking

    4.05 miles

  • trail parking

    6.15 miles

  • Veterans Memorial Field Parking

    7.07 miles

  • Hartman Parking

    7.40 miles

  • Back Porch

    1.12 miles

  • Pizza Works

    2.79 miles

  • Fresh Salt

    2.97 miles

  • Burger King

    3.00 miles

  • Liv's Oyster Bar

    3.08 miles

  • Dunkin'

    3.15 miles

  • Jack Rabbits

    3.17 miles

  • Nori

    3.19 miles

  • Abby's Place

    3.41 miles

  • Black Seal Seafood Grille

    3.45 miles

  • Big Y

    0.22 miles

  • Marshalls

    3.07 miles

  • Walt's Market

    3.09 miles

  • Walmart

    3.13 miles

  • Stop & Shop

    3.21 miles

  • Griswold Inn Store

    3.27 miles

  • Kohl's

    4.93 miles

  • IGA

    6.63 miles

  • Tri Town Foods

    7.15 miles

  • ShopRite

    9.48 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Bradley Balletto

Northeast Private Client Group