Active

47 Water Street

Groton CT, 06355

$5,200,000


$565.59 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

April 23, 2024

Updated

Map

47 Water Street
Groton CT, 06355

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

$24,747


Tax Frequency

Annually


Days on Market

87


Garage

No


View

No


County

New London


Water Source

Public


Pool

No


Zoning

MDD

Listing History

Date

Event

Price

4/18/2024

Price Change

$5,200,000

-6%

3/14/2024

Price Change

$5,500,000

-9%

Listed by Kyle Schrader with Seaport Real Estate Services
Listing Contact: 8603333242 

The IDX display contains information sourced from the  Smart MLS, Inc as of 4/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024  Smart MLS, Inc all rights reserved.

Data last updated on 4/23/2024 at 5:10 PM UTC

Powered byLuxury Presence