$3,495,000
49-53 West Main Street Groton, CT 06355
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$3,495,000
Est. payment /mo
1 Bath
9,000 SqFt
UPDATED:
09/21/2024 12:27 AM
Key Details
Property Type Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 9,000 sqft
Price per Sqft $388
MLS Listing ID 24018619
Full Baths 1
Year Built 1947
Annual Tax Amount $22,699
Lot Size 7,405 Sqft
Property Description
Iconic Location - Two buildings zoned MDD in the heart of Historic Downtown Mystic with three private parking spaces. Just a stone's throw from Mystic Pizza and Sift Bakery. 49 West Main Street is a two-story Brick Facade Retail Building. 53 West Main Street is a two-story approximately 4,500 square foot building offering spacious retail space with many large retail display windows. Also included is an approximately 1,250 square foot two-bedroom apartment on the second floor that is currently used as a short-term rental on Airbnb. This iconic building has been home to Bank Square Books since 1988 and offers a unique blend of commercial and residential charm. Located at a prime corner position at the head of Main Street in Historic Downtown Mystic, this property boasts unparalleled visibility and foot traffic. Imagine your business thriving in this vibrant downtown setting, surrounded by unique resort shops, fine restaurants, deep water marinas, the Mystic River Bascule Bridge, and the Mystic Seaport Museum nearby. The possibilities are endless as you shape the next chapter of this storied location. Above the bustling bookstore, discover a hidden gem - a spacious apartment with endless potential. Currently used as an Aribnb, this residence and property presents an incredible income opportunity or a tranquil retreat for those seeking the ultimate live/work balance. Embrace the allure of Mystic living while reaping the rewards of an established business location!
Location
State CT
County New London
Zoning MDD
Interior
Heating Hot Air, Other
Cooling Central Air
Exterior
Exterior Feature Sidewalk
Utilities Available Electric, Telephone, Cable
Roof Type Flat,Membrane
Building
Lot Description Corner Lot, Level Lot
Sewer Public Sewer Connected
Water Public Water Connected
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Listed by Judith Caracausa • William Pitt Sotheby's Int'l
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