Black Point Market ..... a quintessential coastal commercial (mixed use) property opportunity UNMATCHED by any of the surrounding beach communities. There are no other properties within a 5-mile radius that offers the amenities found with this property. Key features of this property are its active and successful market offering breakfast, lunch and groceries as well as beer and other spirits with the ability to be open year-round!! There is a 3-bedroom year-round apartment with commanding unobstructed views of Niantic Bay and Fishers Island above the market as well same view from the Markets deck seating for its patrons. A newly constructed 400 sf building offering living / office space adjacent to and part of this property which includes a full bath, kitchenette and living space recently added to the property providing a versatile space to relax and enjoy laid back living, regardless of the weather while offering year-round usability. The rental history and increased rental potential of this property's living space has increased recently as a result of a few large area employers' massive hiring / growth plan. The location of this property is truly exceptional, as it is steps from the Black Point private beaches, a boat dock, tennis courts, bocce ball courts, and a clubhouse. Golf carts are allowed in this beach community which makes it easy getting around to the various amenities this private community offers
| Listing Id: | 24205948 |
|---|---|
| List Price: | $1,540,000 |
| Property Type: | Commercial Sale |
| Status: | Active |
| Bank Owned Property: | No |
| Baths Full: | 960 |
| Living Area Sqft Per Public Record: | 2,320 |
| Property Tax: | $8,230 |
| Acres: | 0.14 |
| Direct Waterfront Yn: | No |
| City: | East Lyme |
| Neighborhood: | Black Point |
| County: | New London |
| Postal Code: | 06333 |
| Year Built: | 1930 |
| Total Number Of Units: | 1 |
| Ada Compliant Yn: | No |
| Additional Space Available Yn: | No |
| Agent Owner Yn: | No |
| Assessed Value: | $284,270 |
| Basement Description: | No |
| Baths Total: | 960 |
| Business Included Ynn: | Yes |
| Comp Only Manual Yn: | No |
| Cooling System: | Wall Unit |
| Current Price: | $1,540,000.00 |
| Directions: | Black Point Beach |
| Display Fair Market Value Yn: | No |
| Documents Available: | Lead Disclosure |
| Exclusions: | Some personal items in the apartment |
| Exterior Features: | Storage Building, Awnings, Lighting |
| Flood Zone Yn: | No |
| Flooring: | Wood |
| Foundation Type: | Concrete, Masonry |
| Garage & Parking: | On Street Parking, Off Street Parking |
| Handicap Features: | Ramps |
| Heat Fuel Type: | Electric, Propane |
| Heat Type: | Hot Water |
| Home Owner's Assocation: | No |
| Interior Features: | Living Space Available |
| Listing Contract Date: | 2026-09-10 |
| Location: | Other |
| Lot Description: | Corner Lot, Dry, Level Lot, Cleared |
| Mil Rate Total: | $28.95 |
| Status: | Active |
| Number Of Restrooms: | 3 |
| Number Of Stories: | 2 |
| Occupied By: | Tenant |
| Original List Price: | $1,540,000 |
| Parcel Number: | 1472430 |
| Parking Spaces Uncovered: | 9 |
| Parking Total Spaces: | 9 |
| Possession Availability: | negotiable |
| Potential Short Sale: | No |
| Potential Use: | investment |
| Preferred Phone: | (860) 304-3037 |
| Present Use: | Market , Residance , office |
| Price: | $1,540,000 |
| Remarks Public Addendum: | A children's summer "club" has been in place for decades in addition to The Women's Club and the Men's Club: both continuing to support the vibrant Black Point Beach Association. Such amenities often signal a lifestyle of leisure and aquatic adventures, boosting this property's appeal enhancing the daily living experience. This community is close to the charming village of Niantic which offers dining, shopping, theater and a renowned mile long boardwalk along the Bay. Nearby transportation options include major highways, train, plane and boat access. This home also boasts an excellent rental history making it a VERY attractive investment opportunity! |
| Road Frontage Approximate: | 60 |
| Road Frontage Description: | Private Road |
| Roof Information: | Asphalt Shingle |
| Sewage System: | Public Sewer Connected |
| Sign Yn: | No |
| Sq Ft Office: | 400 |
| Sq Ft Residential: | 960 |
| Sq Ft Retail: | 960 |
| Sq Ft Source: | Public Records |
| Sq Ft Total: | 2,320 |
| Sq Ft Warehouse: | 500 |
| Subdividable Ynu: | Unknown |
| Tax Year: | July 2026-June 2027 |
| Under Agreement Yn: | No |
| Utilities Available: | Electric, Telephone, Cable |
| Water Source: | Public Water Connected |
| Zoning: | R12 |
Listing Courtesy of: Berkshire Hathaway NE Prop.
Listing Agent: Bob Cancelmo
(860) 304-3037
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Smart MLS Inc. data last updated on October 08, 2026 06:45 PM - ET
Property Last Updated: October 08, 2026 06:45 PM - ET