Opportunity to own a commercial-zoned single-family property in the Flanders area of East Lyme, conveniently located near shopping, commuting, and everyday amenities. This level 0.69-acre lot abuts open space. It is a three-bedroom Cape Cod-style home with two full baths, a screened porch, a one-car garage, and a spacious great room anchored by a stone fireplace. The property is being sold as-is and will require updating and repairs, offering strong potential for either a business location or residential.