Prime Commercial Opportunity in the Heart of Lakeville - Luxury Estate Feature - Elyse Harney Real Estate

PRICE REDUCTION ANNOUNCEMENT

Prime Commercial Opportunity in the Heart of Lakeville
NEW PRICE
Now: $995,000

Prime Commercial Opportunity in the Heart of Lakeville

Stately Federal-Era Residence Converted to Versatile Commercial Property

308 Main Street , Lakeville, CT 06039

REDUCED BY $100,000

2/1
BATHS
4,773
SQ FT
0.76
ACRES

Step into a rare opportunity to own a stately Federal-era residence, now thoughtfully converted into a versatile commercial property, right in the vibrant center of Lakeville at the new price of $1,100,000. Brimming with timeless charm, this distinguished 1800 building showcases soaring ceilings, elegant wood moldings, and classic architectural details throughout its 4,773 square feet.

The main level features eight spacious rooms, ideal for a variety of business ventures—from office suites and studios to wellness spaces or retail. The second floor, currently used as the owner’s private residence, offers additional flexibility and could easily transition to expanded commercial use. This level includes two bedrooms, an office, two living areas, a kitchen, and a full bath—all brimming with natural light and character.

A standout feature is the expansive 670 square foot deck, a serene retreat surrounded by specimen trees and overlooking the beautifully landscaped grounds. The 0.76-acre lot includes generous rear parking, lush green lawn, mature trees, and a meandering brook that enhances the setting. The 1,150 square foot basement includes a full bath, mechanical room, ample storage, and workshop space. Downtown Lakeville is on the rise, with new businesses and a blend of residential and commercial energy along Main Street, offering a rare chance to invest, live, and work in one of New England’s most picturesque small towns.

Property Highlights

Eight Flexible Commercial Rooms on Main Level

 

Owner's Residence Upstairs (Could Convert to Commercial)

670 Sq Ft Deck & 0.76 Acres with Brook

 

Basement Workshop with Full Bath

Public Water & Sewer with Recent Roof

 

Main Street Location in Downtown Lakeville

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More Details

The building’s impressive 1800 Federal architecture provides irreplaceable character with soaring ceilings, elegant wood moldings, and classic details throughout its 4,773 square feet of versatile space. The main level’s eight rooms offer endless configuration possibilities for professional offices, creative studios, wellness practices, or retail ventures, while the current owner’s residence upstairs provides live-work flexibility or expansion potential.

The exceptional amenities include expansive 670 square foot deck perfect for outdoor meetings or events, generous rear parking area, and 1,150 square foot basement with workshop capabilities and full bath currently integrated into the business operations. The 0.76-acre setting features mature landscaping, specimen trees, and meandering brook creating a serene professional environment. Advanced infrastructure includes public water and sewer, central cooling, and recent roof replacement (2021). Every element combines to create not just a commercial space, but a complete business lifestyle opportunity at this compelling new price point.

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Location & Lifestyle

Positioned on Main Street in downtown Lakeville, this commercial property sits in the center of Connecticut’s Northwest Corner. The location provides access to Lakeville’s village amenities, with a blend of residential and commercial activity along Main Street that includes established restaurants, shops, and services within walking distance.

The Lakeville location offers proximity to local schools and recreational activities. Whether expanding a business, relocating, or seeking investment property, this Main Street location provides the convenience of village living with the flexibility of commercial space. The property is also convenient to the area’s recreational attractions and cultural offerings throughout the Litchfield Hills region.

Agent Notes:

“Having represented properties throughout the Northwest Corner, this price adjustment creates a value opportunity for business owners and investors seeking versatile space. The 1800 Federal architecture provides character that cannot be replicated, while the eight flexible rooms and current live-work setup offer versatility for various business uses. The second floor owner’s residence could remain as-is or convert to additional commercial space. With downtown Lakeville showing new business activity, this represents solid value at $1,100,000 for nearly 5,000 square feet in this Main Street location.”

Exclusively Listed By:

Evan Cooper

Evan
Cooper

Associate Agent

203-273-5891
Office: 860-435-2200
evan@harneyre.com

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Tracy Macgowan

Tracy
Macgowan

Associate Agent

541-350-3080
Office: 860-435-2200
tracy@harneyre.com

VIEW PROFILE

Schedule Your Private Showing Today

EH#5541
CT MLS #24094137
Now Listed at: $995,000

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Main Office: (860) 435-2200

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