35 Nehantic Drive, East Lyme, CT 06357

$635,000
1,920
SqFt
Sold Price
$635,000
List Price
$750,000
Status
CLOSED
MLS#
170515959
Closing Date
May 25, 2023
Year Built
1930
Levels
2
Acres
0.14
Living Area
1,920

Property Description

For the first time since 2010, the Black Point Market is available for purchase!!! The Black Point Market, a long-time staple in the seaside peninsula of Niantic, CT, has a rich history and connection to the beachside community of Black Point . Built in 1928 and run by the Wollschlager family for many years, several generations of "Black Pointers" have cherished memories of their visits. The market consists of 960 square feet where customers can enjoy daily staples and specials for breakfast and lunch as well as shop for produce, groceries and merchandise. Neighbors and guests can enjoy eating outside on the covered deck or patio with almost 50 seats available onsite. There’s never a slow moment as patrons from the beach flood in at all times, looking for to-go sandwiches or a sweet treat to bring back to the sand. Tucked above is a 2 bedroom apartment, consisting of 960 square feet, with a private entrance, backyard and off-street parking spot. The apartment can be rented for additional income or used as a primary residence to enjoy the perks of living in this beautiful beach community. The location of the market and apartment are only 1 block from the beach! The Business can be sold separately for $125,000.00 with an option to buy the building.

Additional Information

Taxes
$6,679
Lot Size
6,098
Interior Features
Public Restrooms, Security System, Window Display
Flooring
Tile, Wood
Heating
Baseboard, Hot Air, Wall Unit
Fuel Type
Electric, Propane
Cooling System Type
Central Air, Ductless, Window Unit
Sewer
Public Sewer Connected
Water Source
Public Water Connected
Exterior Features
Awnings, Door Sign, Gutters, Outside Storage Area
Parking Spaces
12

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Andrew O'Reilly from Seaport Real Estate Services

Listing courtesy of Andrew O'Reilly from Seaport Real Estate Services

The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc.