1 Pearl Street

Groton, CT
$ 1,300,000 Beds 0 Baths 0 Sq 1,988 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Commercial

  • Price
  • $ 1,300,000
  • Lot Size
  • 12,197 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 1,988
  • Full Bathrooms
  • 0
  • Year Built
  • 1826
  • Half Bathrooms
  • 0
  • City, Zip
  • Groton
  • Taxes
  • 5337
  • County
  • NEW LONDON
  • Style
  • Commercial For Sale
  • Area
  • MLS#
  • 170278233
  • Zip
  • 06340
Listing Provided by: Market Realty, LLC

Features

General

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 WDD

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

Amenities

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

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Guilford, Connecticut office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

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

Property vs Zip Code Average in 06340

Price
AVG $270K
$1.3M
Visits
AVG 30
21
Year Built
AVG 1965
1826
Walkscore
AVG 47
48
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

1 Pearl Street Groton, CT is a Single Family Home for sale at $1300000 with 1988 sqft and a lot size of 12,197 SqFt Acre(s). 1 Pearl Street Groton has 0 bedrooms, 0 baths and was built in 1826. The property's zip code is 06340 which is in Groton, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.