Property photo 1
0 Beds
1 Bath
9,000 sqft

$2,950,000

49-53 West Main Street, Groton CT, 06355

Price per sqft$327.78
Built in1947
Property size9,000 sqft
Property typeCommercial

Overview

Sold

Closed

Listed Jun 12, 2024

Updated Aug 25

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!

Additional information

MLS® ID
24018619

Interior Features

Bedrooms
0
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Taxes
$22,699
Tax Frequency
Annually
MLS provider logo

Listed by Judith Caracausa with William Pitt Sotheby's Int'l . Bought with Non Member of Non-Member.

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Data last updated on 8/25/2026 at 3:39 AM UTC.

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