Sold
Closed
49-53 West Main Street
Groton CT, 06355
$2,950,000
$327.78 per sqft
Sold
Closed
1 Bath
9,000 sqft
Commercial
Built in 1947
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!
24018619
MLSⓇ ID
June 12, 2024
Listed
November 27, 2024
Updated
Map
49-53 West Main Street
Groton CT, 06355
Interior Features
Total Bathrooms
1
Full Bathrooms
1
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric, Forced Air
Exterior/Building Features
Lot Size
0.17 Acres
Lot Features
Corner Lot, Level
Sewer
Public Sewer
Other Property Details
Area Name
Mystic
Taxes
$22,699
Tax Frequency
Annually
Days on Market
98
Garage
No
View
No
County
New London
Water Source
Public
Pool
No
Zoning
MDD
Listing History
Date | Event | Price |
---|---|---|
11/26/2024 | Sold | $2,950,000 |
9/20/2024 | Pending | — |
Listed by Judith Caracausa with William Pitt Sotheby's Int'l
Listing Contact: 8609129903
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Data last updated on 11/27/2024 at 12:41 AM UTC