$1,687,500
$1,750,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with Jeffery S. Valentine • William Pitt Sotheby's Int'l
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Broker | REB.0791464