Price Reduced 13.33%


Price History

$6,000,000
1/26/2024

$5,500,000
3/14/2024

$5,200,000
4/18/2024


47 Water Street, Groton, (Mystic), CT, 06355

47 Water Street, Groton, (Mystic), CT, 06355

1986

9,194 sqft

Captivating Marina Property in the Heart of Mystic, CT Discover a unique opportunity to own a premier marina property in the picturesque downtown of Mystic, Connecticut. This prime waterfront parcel spans an impressive 9,137 square feet across 0.56 acres, offering a rare and expansive canvas for your vision. Key Features: Waterfront Bliss: Embrace the tranquility of Mystic's scenic waterfront as your property boasts direct access to the charming Mystic River. Dockside Elegance: With a total of 16 docks, this marina property is perfectly equipped to accommodate a variety of vessels, from intimate boats to larger watercraft. Versatile MDD Zoning: Positioned within the highly desirable Mystic Downtown District (MDD) zone, this property offers maximum flexibility for development. Whether you envision a boutique hotel, upscale waterfront residences, or a vibrant mixed-use space, the possibilities are boundless. Strategic Location: Nestled in the heart of Mystic, your marina property is surrounded by the town's historic charm, renowned restaurants, boutique shops, and cultural attractions. It's not just a property; it's a lifestyle. Investment Potential: Mystic's popularity as a destination ensures that your investment will not only stand out but appreciate in value over time. Join the thriving community and become a pivotal part of Mystic's ongoing story. Can be sold together with MLS# 170608854 Sign and return NDA for access to financials Can be sold together with MLS# 170608854 Sign and return NDA for access to financials


Status:

Active

Town:

Groton

Type:

Commercial

Zoning:

MDD

Frontage:

Municipal Street

Heating:

Hot Air

Cooling:

Central Air

Acreage:

0.56

Est. Taxes:

$24,747

Assessment

$1,018,150

Current Use

Marina

Permitted Use

Marina, Multi-family

Utilities

Electric,Telephone,Cable

Lot Description:

Level Lot,Cleared

Days on Market:

96

MLS #:

170621202


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of Kyle Schrader, Seaport Real Estate Services Email: kyleschrader@seaportre.com