1 Pearl Street Groton, CT
$ 1,300,000
Property Attributes
  • MLS#170278233
  • TypeCommercial
  • CountyNEW LONDON
  • CityGroton
  • Zip06340
  • StyleCommercial For Sale
  • Year Built1826
  • Taxes5337
  • Price$ 1,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1988
  • Lot Size12,197 SqFt
Listing Provided Courtesy Of:
Market Realty, LLC
Property Description

Rare Offering - First time offered for sale since 1923. Prime .28 Acre Commercial Parcel in the WDD Zone in Historic Downtown Mystic. Waterfront Design District Zoning. Used as a parking lot since 1964. In addition, this property includes an income producing 2 family home. First and Second Floors offer Two Bedroom Units. Ideal long term or short term VRBO rental property. Many Uses in the Waterfront Design District Zone. Truly in the Heart of Historic Downtown Mystic. Adjacent to mixed use commercial property and across from The Harp and Hound Irish Pub. Just steps from the Basquile Bridge! Assessor's Card indicates a one bedroom unit and a two bedroom unit. (See Attachments for more Information) Please follow all COVID guidelines during showing. A live virtual tour may also be requested.

Price History
3/4/2020 Listed $1,950,000
4/24/2020 19% - $1,590,000
7/23/2020 19% - $1,300,000

General Features

Commercial Catagory Investment, Other
Location Downtown
Neighborhood Mystic
Property Type Commercial For Sale
Status Active
Tax Year July 2020-June 2021
Utilities Available Electric, Phone Available, Cable
Virtual Tour https://app.immoviewer.com/landing/unbranded/5e6013c7890a35195d37df0a
Virtual Tour Yn Yes
Year Built 1826
Zoning MDD

Interior Features

Cooling System None
Heat Fuel Type Electric
Heat Type Baseboard
Sq Ft Source Public Records
Sq Ft Total 1988
Total Numof Units 2
Unit Count 2

Exterior Features

Acres 0.2800
Exterior Features Sidewalk
Foundation Stone
Garage Parking Info Parking Lot
Lot Description Level Lot
Road Frontage Approximate 61
Road Frontage Description Municipal Street
Roof Information Asphalt Shingle
Sewage System Public Sewer Connected
Water Source Public Water Connected


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 06340

AVG $240K
AVG 39
Year Built
AVG 1968
AVG 44
Data Provided by Walkscore ® not using MLS data

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