49-53 West Main Street

Groton, CT 06355

$3,495,000 PRICE
1 Baths
9,000 Sqft
0.17 Acres
1947 Built
$388 Price/Sqft

2 Buildings Zoned Mdd In Iconic Downtown Mystic

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!

Listed by

Judi Caracausa
Associate Broker
M
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Additional Information

ADDITIONAL INFORMATION

AREA TYPE: Downtown
AVERAGE DAYS ON MARKET: 98
DAYS ON MARKET: 98
IS OCCUPIED?: Owner
LIVING AREA SQFT: 9,000
NEIGHBORHOOD: Mystic
PRESENT USE: Retail
PROPERTY TAX: $22,699
ROAD FRONTAGE DESCRIPTION: Municipal Street, Paved Road
SEWER: Public Sewer Connected
STATUS: Under Contract
TAX AMOUNT: $22,699
TAX YEAR: July 2024-June 2025
TYPE: Commercial For Sale
UNIT COUNT: 1
UTILITIES AVAILABLE: Electric, Telephone, Cable
YEAR BUILT: 1947
ZONING: MDD

INTERIOR/EXTERIOR FEATURES

AIR CONDITIONING: Central Air
COOLING: Central Air
EXTERIOR FEATURES: Sidewalk
FULL BATHS: 1
FURNACE TYPE: Electric
HEAT: Electric
HEAT FUEL: Electric
LIVING SQFT SOURCE: Approximate
ROOF: Flat, Membrane
TOTAL BATHS: 1

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Location for 49-53 West Main Street, Groton, CT

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Judi Caracausa
Associate Broker
M

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Community

Mystic

Shoreline, Connecticut

Steeped in New England charm, the village of Mystic in New London County is one of Connecticut’s leading seaport communities. Throughout this picturesque village are a wealth of gracious homes, fine...

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Request More Info for 49-53 West Main Street, Groton, CT

Judi Caracausa
Associate Broker
M

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.