49-53 West Main Street, Groton, CT 06355

$3,495,000
1
BA
9,000
SqFt
List Price
$3,495,000
Status
ACTIVE
MLS#
24018619
Year Built
1947
Bathrooms
1
Acres
0.17
Living Area
9,000
Neighborhood
Mystic

Property Description

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

Taxes
$22,699
Lot Size
7,405
Heating
Hot Air, Other
Fuel Type
Electric
Cooling System Type
Central Air
Sewer
Public Sewer Connected
Water Source
Public Water Connected
Exterior Features
Sidewalk

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Judith Caracausa from William Pitt Sotheby's Int'l

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