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36 Water Street Groton, CT $ 4,690,000
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$ 4,690,000 Get more info
36 Water Street
$ 4,690,000
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36 Water Street

Groton, CT, 06355
$ 4,690,000
Baths0.0 Sq 13,132

Monthly Estimate*

$ 32,761

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Studio

Commercial Property for sale in Groton, CT

for $4,690,000. This 13,132 square foot building was built in 1846 on a lot size of 1.52.

Nestled in the picturesque coastal town of Mystic, Connecticut, this commercial property presents a unique and exciting opportunity for investors and developers. Boasting a coveted Mixed-Use Development District (MDD) zoning, this property offers unlimited potential for creating a vibrant and diverse commercial space in the heart of this historic New England community.

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Commercial Active

Price

$ 4,690,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

1.52

Year Built

1846

Town/City

Groton

MLS | Web ID

170608854
Features
General
Interior Features Elevator Fire Suppression System Handicap Design
Exterior Features Awnings Door Sign
Zoning MDD
Year Built 1846
Neighborhood Mystic
Heater Type Baseboard
County New London
Present Use Office
Tax Year July 2023-June 2024
Location Downtown Historic Area Retail Corridor
Net Operating Income 175579
Property Type Commercial For Sale
Status Active
Acres 1.52
Directions Next to Daniel Packer Inn in Downtown Mystic
City Groton
Handicap Features Multiple Entries/Exits Ramps
Street Name Water
Sq Ft Total 13132
DOM 184
Video Tour Y/N 0
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Interior
Cooling System Central Air
Utilities Available Electric Telephone Cable Fire Suppression System
Total Number of Units 7
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Exterior
Water Source Public Water Connected
Garage Parking Parking Lot
Lot Description Cleared
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Internal Only
Street Number 1 36
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* Excluded Features
List By
Kyle Schrader

Listing Agent

Seaport Real Estate Services

Broker

kyleschrader@seaportre.com

Email

Affordability Calculator

$32,761
Per Month
100%
0%
0%
Monthly Principal & Interest
$32,761
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/18/2024$4,690,000 -14.73% Price Down
3/14/2024$5,500,000 -8.33% Price Down
11/6/2023$6,000,000 Listed Price

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36 Water Street, Groton, CT, 06355 is a Commercial Property for sale at $4,690,000 with 13,132 sqft and a lot size of 1.52. 36 Water Street is a studio with 0.0 baths and was built in 1846. The property's zip code is 06355 which is in Groton, CT

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