43 Pennsylvania Ave, Niantic, CT

Name: 43 Pennsylvania Ave, For Rent in Niantic - Zoocasa
Brand: Berkshire Hathaway NE Prop.
SKU: 24151583
Price: 1125000 USD

House

For Rent

Listed price in listed location currency (USD).

$1,125,000

000

MLS® 24151583

Overview

Key Facts

Type

Levels Commercial Lease

Size -

Garage

Date Available

Days Active 90

Lot Size

Approx. Age 1972

MLS® Number 24151583

Property Address: 43 Pennsylvania Ave, Niantic, CT, 06357-3224

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number24151583

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1972

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Leased YetSold Price

For Rent

Jan 29, 2026List Date

$1,125,000List Price

Map

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