NOMADEReal Estate

$875,000

Active

264 Shore Road

Old Lyme, Connecticut, 06371 · New London County

0

Beds

1

Baths

3,902

Sq Ft

1940

Built

MLS # 24172749

Price / Sq Ft

$224

Property Type

Commercial For Sale

Lot Size

0.28

Class

Property

About This Property

Turnkey Pizzeria + Real Estate | Old Lyme, CT An exceptional opportunity to acquire a well-established, 45-year-old pizzeria with real estate included in the heart of Old Lyme. This successful, fully operational business has built a loyal customer base and a strong reputation for quality food and a welcoming, family-friendly atmosphere. The property features a well-maintained commercial kitchen with an efficient layout, ample prep space, and everything in place for a seamless transition to new ownership. The dining area supports both dine-in and takeout service, with additional upside potential through expanded delivery, catering, or extended operating hours. Ideally located in a charming shoreline community, the business benefits from steady year-round traffic, with a notable increase during peak tourism seasons. Excellent visibility, easy access, and a long-standing presence in the local market make this a standout offering. This opportunity is well-suited for an experienced operator or an entrepreneur seeking a proven, profitable concept with room to grow. The current owner is committed to a smooth transition and will provide training, hands-on support, and detailed SOPs. Opportunities to acquire both a thriving business and the underlying real estate in Old Lyme are rare.

Property Details

264 Shore Road, Old Lyme Connecticut 06371 — Commercial For Sale listed at $875,000.

At a Glance

0

Bedrooms

1

Bathrooms

3,902

Sq Ft

0.28

Lot Size

--

Garage

1940

Year Built

The Details

Property TypeCommercial For Sale
NeighborhoodNew London
Address264 Shore Road
MLS Number24172749
Year Built1940
Square Footage3,902
Lot Size0.28
Bedrooms0
Bathrooms1
Water SourcePublic Water Connected

Property Details

Financial

Assessed Value391500
Mil Rate Total16.23
Property Tax6354
Tax YearJuly 2025-June 2026

Other Details

Business Included YNNYes
Documents AvailableNone
Numberof Tenants2
Parcel Number1555686
ZoningC-10

Property Features

Cooling SystemCentral Air,Split System
Heat Fuel TypeNatural Gas
Heat TypeHot Air
Roof InformationAsphalt Shingle,Fiberglass Shingle

All Photos (14)

Affordability Calculator

$875,000

Down Payment$175,000
Loan Amount$700,000
Principal & Interest$4,424/mo
Property Tax$875/mo
Insurance$100/mo
Est. Monthly$5,399/mo

Listing Agent

S

Sam Galatas

Sam Galatas

Contact Sam Galatas

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Quick Facts

StatusActive
TypeCommercial For Sale
ClassProperty
MLS #24172749
Last Updated2026-05-05