News: Retail
Posted: July 26, 2024
Lyman Real Estate brokers two
retail space transactions - $425,000
Clinton, CT The building at 5 and 7 East Main St., has been sold. Lyman Broker & Development associate Sam Lyman represented both the sellers and buyer Ace Andaleeb in the $425,000 transaction.
The property includes two first-floor retail spaces, a 1,232 s/f space that used to house a dance studio, and an 815 s/f former barber shop. The second floor is a 2,198 s/f space with multiple rental units. Andaleeb owns the abutting buildings and the Carefree Boat Club of Clinton. For the building he purchased, he plans on doing renovations and adding tenants.
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