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$1,125,000
204 Days On Site

43 Pennsylvania Avenue
East Lyme, CT 06357

Commercial Sale|Pending
0
Beds
0
Total Baths
4,285
SqFt
$263
/SqFt
1972
Built
County:
New London
Listing courtesy of Whitney Easton of Berkshire Hathaway NE Prop. Office Phone: (860) 536-4906 Broker Contact: (203) 401-4203

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1-860-573-4349
43 Pennsylvania Avenue43 Pennsylvania Avenue43 Pennsylvania Avenue43 Pennsylvania Avenue
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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. Recent updates to East Lyme's zoning regulations (effective July 10, 2025) have made the CB District significantly more supportive of commercial and mixed-use development. These updates provide greater flexibility, a broader range of permitted uses, and clearer dimensional standards that streamline the development process. Key zoning updates include: --Hotels, inns, bed & breakfasts, and two-family dwellings now permitted by right --Gas stations, auto sales, and family childcare also allowed by right --New special permit uses: taproom breweries, private education (2,000+ SF), veterinary clinics, and expansions to assisted living --Front yard setback flexibility increased from 6 feet minimum to a 6-20 foot range --Expanded support for mixed-use development, both new and within existing structures These changes open the door to a wide variety of potential uses and adaptive reuses.

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Listing Snapshot
Price 
$1,125,000
Days On Site 
204 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,285 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.79 Acres
Year Built 
1972
MLS® Number 
24151583
Status 
Pending
Property Tax 
$17,874
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
2 months agoStatus changed to Pending
6 months agoPrice changed to $1,125,000
7 months agoListing first seen on site
General Features
Acres 
0.79
Sewer 
Septic Tank
SqFt Total 
4285
Utilities 
Electricity Available
Water Source 
Public
Zoning 
CB
Interior Features
Cooling 
Central AirHeat Pump
Heating 
PropaneForced Air
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Exterior Features
Construction Details 
BlockFrameStone
Lot Features 
Level
Road Frontage 
State Road
Roof 
Metal
Listing courtesy of Whitney Easton of Berkshire Hathaway NE Prop. Office Phone: (860) 536-4906 Broker Contact: (203) 401-4203



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Last checked: 2026-08-22 10:28 AM UTC.

Neighborhood & Commute
Source: Walkscore
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