Active
47 Water Street
Groton CT, 06355
$4,500,000
$489.45 per sqft
Active
9,194 sqft
Commercial
Built in 1986
Captivating Marina Property in the Heart of Mystic, CT Discover a unique opportunity to own a premier marina property in the picturesque downtown of Mystic, Connecticut. This prime waterfront parcel spans an impressive 9,137 square feet across 0.56 acres, offering a rare and expansive canvas for your vision. Key Features: Waterfront Bliss: Embrace the tranquility of Mystic's scenic waterfront as your property boasts direct access to the charming Mystic River. Dockside Elegance: With a total of 16 docks, this marina property is perfectly equipped to accommodate a variety of vessels, from intimate boats to larger watercraft. Versatile MDD Zoning: Positioned within the highly desirable Mystic Downtown District (MDD) zone, this property offers maximum flexibility for development. Whether you envision a boutique hotel, upscale waterfront residences, or a vibrant mixed-use space, the possibilities are boundless. Strategic Location: Nestled in the heart of Mystic, your marina property is surrounded by the town's historic charm, renowned restaurants, boutique shops, and cultural attractions. It's not just a property; it's a lifestyle. Investment Potential: Mystic's popularity as a destination ensures that your investment will not only stand out but appreciate in value over time. Join the thriving community and become a pivotal part of Mystic's ongoing story. Can be sold together with MLS# 170608854 Sign and return NDA for access to financials
170621202
MLSⓇ ID
January 26, 2024
Listed
February 21, 2025
Updated
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric, Forced Air
Exterior/Building Features
Lot Size
0.56 Acres
Lot Features
Cleared, Level
Roof
Asphalt
Sewer
Public Sewer
Other Property Details
Area Name
Mystic
Taxes
$25,745
Tax Frequency
Annually
Days on Market
235
Garage
No
View
No
County
New London
Water Source
Public
Pool
No
Utilities
Cable Available
Zoning
MDD
Listing History
Date | Event | Price |
---|---|---|
9/18/2024 | Price change | $4,500,000 -25% |
Listed by Kyle Schrader with Seaport Real Estate Services 8603333242
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Data last updated on 2/21/2025 at 1:58 PM UTC