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 Floor 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.
Off market
Zestimate®
$1,052,800
1 Pearl St, Groton, CT 06340
4beds
1,988sqft
MultiFamily
Built in 1826
-- sqft lot
$1,052,800 Zestimate®
$530/sqft
$2,682 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
Features
- Flooring: Other
- Basement: Full
Interior area
- Total interior livable area: 1,988 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Wood
- Has view: Yes
- View description: City
- Waterfront features: Walk To Water
Lot
- Size: 0.28 Acres
- Features: Level
Details
- Parcel number: GROTM261918317081
- Zoning: WDD
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
Materials
- Roof: Asphalt
Condition
- Year built: 1826
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Community
- Community features: Fitness Center
Location
- Region: Groton
HOA & financial
Other financial information
- Total actual rent: 1300000
Other
Other facts
- ViewYN: true
- Sewer: Public Sewer
- Heating: Baseboard, Electric
- Roof: Asphalt
- AssociationYN: 0
- HeatingYN: true
- NumberOfUnitsTotal: 2
- CoolingYN: true
- Basement: Full
- CommunityFeatures: Playground, Fitness Center, Park, Medical Facilities, Shopping/Mall, Library, Private School(s)
- ConstructionMaterials: Frame, Wood Siding
- NumberOfUnitsInCommunity: 2
- LotFeatures: Level
- FoundationDetails: Stone
- ArchitecturalStyle: Other
- ParkingFeatures: Parking Lot
- YearBuiltSource: Public Records
- WaterfrontFeatures: Walk To Water
- WaterSource: Public Water Connected
- View: City Views
- TotalActualRent: 1300000.00
- Zoning: WDD
- MlsStatus: Active
- TaxAnnualAmount: 5337
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,052,800
2% more+$21,056
With Zillow Showcase(estimated)$1,073,856