NOMADEReal Estate

$1,125,000

Active

43 Pennsylvania Avenue

East Lyme, Connecticut, 06357 · New London County

4,285

Sq Ft

1972

Built

MLS # 24151583

Price / Sq Ft

$263

Property Type

Commercial For Sale

Lot Size

0.79

Class

Property

About This Property

Situated in the heart of downtown Niantic, 43 Pennsylvania Avenue presents an exceptional opportunity for owner-users, investors, or developers seeking a versatile commercial asset in one of East Lyme's most visible and walkable corridors. The building spans approximately 3,065 square feet on a 0.79-acre parcel with ample on-site parking and asphalt paving. Originally constructed as a bank in 1972, the property features robust infrastructure including 300-amp, 3-phase electrical service, a central heat and air conditioning .system installed in 2022, and ADA-compliant entrances.

Property Details

43 Pennsylvania Avenue, East Lyme Connecticut 06357 — Commercial For Sale listed at $1,125,000.

At a Glance

--

Bedrooms

--

Bathrooms

4,285

Sq Ft

0.79

Lot Size

--

Garage

1972

Year Built

The Details

Property TypeCommercial For Sale
NeighborhoodNew London
Address43 Pennsylvania Avenue
MLS Number24151583
Year Built1972
Square Footage4,285
Lot Size0.79
Water SourcePublic Water Connected

Property Details

Financial

Assessed Value617400
Mil Rate Total28.01
Property Tax17293
Tax YearJuly 2025-June 2026

Property Features

Cooling SystemCentral Air,Heat Pump
Heat Fuel TypePropane
Heat TypeHot Air
Roof InformationMetal

Location & Community

DirectionsUse GPS
LocationSuburban
NeighborhoodNiantic

All Photos (33)

Affordability Calculator

$1,125,000

Down Payment$225,000
Loan Amount$900,000
Principal & Interest$5,689/mo
Property Tax$1,125/mo
Insurance$100/mo
Est. Monthly$6,914/mo

Listing Agent

W

Whitney Easton

Berkshire Hathaway NE Prop.

Contact Whitney Easton

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Quick Facts

StatusActive
TypeCommercial For Sale
ClassProperty
MLS #24151583
Last Updated2026-03-05