3 Pearl Street, Groton, CT

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3 Pearl Street

Groton, CT 06355

$8,400,000 PRICE
10,065 Sqft
1843 Built
$835 Price/Sqft

Incredible investment opportunity with over half an acre located in the heart of Downtown Mystic, steps away from the Historic Draw Bridge. Now a resort style property, all four buildings at 3 and 5 Pearl Street are being offered together to create this 0.525 Acre package, a perfect addition to your investment portfolio, with NNN leases and an extensive renovation adding high end amenities and cost saving upgrades inside and out ensures bare minimum landlord responsibilities and no deferred maintenance. This parcel offers a unique opportunity for redevelopment of one of the largest parcels of land in Downtown Mystic, named a top tourist destination in the U.S. *The Owner is a Connecticut Real Estate Broker Licensee

For Information Contact

Judi Caracausa
Associate Broker
M +1 860 912 9903
View My Profile

Additional Information

ADDITIONAL INFORMATION

AREA TYPE: Downtown
IS OCCUPIED?: Tenant
LIVING AREA SQFT: 10,065
NEIGHBORHOOD: Mystic
PRESENT USE: Residential, Retail, Hospitality, Short Term Rentals
PROPERTY TAX: $9,675
ROAD FRONTAGE DESCRIPTION: Municipal Street
SEWER: Public Sewer Connected
TAX AMOUNT: $9,675
UNIT COUNT: 12
UTILITIES AVAILABLE: Electric, Gas
YEAR BUILT: 1843
ZONING: MDD

INTERIOR FEATURES

AIR CONDITIONING: Ductless, Window Unit
COOLING: Ductless, Window Unit
FURNACE TYPE: Bottle Gas, Electric
HEAT: Bottle Gas, Electric
HEAT FUEL: Bottle Gas, Electric
LIVING SQFT SOURCE: Public Records
STORIES: 2

EXTERIOR FEATURES

ROOF: Asphalt Shingle

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42,475 Monthly Payment

Down Payment
Required 1,680,000
Mortgage
Principal 6,720,000
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Location for 3 Pearl Street, Groton, CT

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Judi Caracausa
Associate Broker
M
+1 860 912 9903

View My Profile

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Request More Info for 3 Pearl Street, Groton, CT

Judi Caracausa
Associate Broker
M
+1 860 912 9903

View My Profile

Schedule a Showing Best Day/Time

Yes, I would like more information from Sotheby's International Realty. Please use and/or share my information with a Sotheby's International Realty agent to contact me about my real estate needs.