Active
3 Pearl Street
Groton CT, 06355
$8,400,000
$834.58 per sqft
Active
10,065 sqft
Commercial
Built in 1843
Incredible investment opportunity with over half an acre located in the heart of Downtown Mystic, steps away from the Historic Draw Bridge. Now a resort style property, all four buildings at 3 and 5 Pearl Street are being offered together to create this 0.525 Acre package, a perfect addition to your investment portfolio, with NNN leases and an extensive renovation adding high end amenities and cost saving upgrades inside and out ensures bare minimum landlord responsibilities and no deferred maintenance. This parcel offers a unique opportunity for redevelopment of one of the largest parcels of land in Downtown Mystic, named a top tourist destination in the U.S. *The Owner is a Connecticut Real Estate Broker Licensee
24032022
MLSⓇ ID
July 12, 2024
Listed
December 26, 2024
Updated
Map
3 Pearl Street
Groton CT, 06355
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s), Ductless
Heating
Yes
Heating Description
Electric, Baseboard, Heat Pump
Exterior/Building Features
Roof
Asphalt
Sewer
Public Sewer
Other Property Details
Area Name
Mystic
Taxes
$9,675
Tax Frequency
Annually
Days on Market
160
Garage
No
View
No
County
New London
Water Source
Public
Pool
No
Zoning
MDD
Listing History
Date | Event | Price |
|---|---|---|
12/6/2024 | Price change | $8,400,000 -5% |
Listed by Zach Pranger with Group Realty LLC
Listing Contact: 2037511390
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Data last updated on 12/26/2024 at 10:23 AM UTC