Groton, CT 06355,15 Water Street

$1,687,500

$1,750,000

3.6%
Est.Price: ?

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Est. payment /mo

6,272 SqFt


SOLD DATE : 07/06/2021

Key Details

Sold Price $1,687,500

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 6,272 sqft

Price per Sqft $269

MLS Listing ID 170358788

Sold Date 07/06/21

Year Built 1859

Annual Tax Amount $25,701

Lot Size 6,098 Sqft

Property Description

Exceptional opportunity to own one of Downtown Mystic’s quintessential historic and architecturally stunning Waterfront District properties. Currently owned and managed by the Mystic Museum of Art, care has been taken at every turn to maintain the integrity and usefulness of this unique multi-purpose structure. The lowest level has been the site of a bar/restaurant; its underground/basement/pub feel has been the perfect backdrop for some of Mystic’s favorite hotspots. The main level is currently used by the Museum and has showcased several works of art in its gallery. Lower level and main floor have the ability to be combined for a larger footprint/two level space. Second and third floors contain a total of 3, delightfully renovated, one-bedroom apartments. While each apartment is distinctive with its own floor plan and view they all offer hardwood floors, ample living space and plenty of natural light. Tenants each have access to one assigned off-street parking space, a prized possession in Downtown. 15 Water St. is a rare find, hallmark of the area and emblem of years past. Perfect property for owner operator or an investor looking for a legacy parcel to add to portfolio.

Location

State CT

County New London

Zoning MDD

Interior

Interior Features Fire Suppression System, Handicap Design, Public Restrooms, Security System

Heating Hot Air, Radiant

Cooling Central Air, Ductless

Flooring Ceramic Tile, Concrete, Wood

Exterior

Exterior Feature Gutters, Pole Sign

Garage None

Utilities Available Electric, Phone Available, Cable, Fire Suppression System

Roof Type Asphalt Shingle

Building

Lot Description Sloping Lot

Story 3

Foundation Concrete, Stone

Sewer Public Sewer Connected

Water Public Water Connected

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Listed by Jon Arruda • Arruda Real Estate Associates
Bought with Jeffery S. Valentine • William Pitt Sotheby's Int'l

GET MORE INFORMATION

Osi Rosenberg

Broker | REB.0791464

+1(203) 738-5999

2051 Main St, Stratford, CT, 06615

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