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Property Description

Rarely does a commercial asset of this caliber become available in the historic heart of downtown Mystic. Located just 0.1 miles from the Mystic Amtrak Station, this turnkey property offers direct, car-free transit to travelers from NYC and Boston. It presents an unmatched opportunity for a boutique hotel operator, short-term rental (STR) investor, or residential developer. Located in the LS-5 zone, it is pre-zoned for hospitality/hotel use, allowing immediate STR or hotel operations. Luxury accommodations and fully furnished with a rooftop oasis with communal sun lounge, dining area, and dip pool with panoramic townscape views. Modern construction, individual high-efficiency climate zones, public utilities, and a dedicated 10-13 car paved off street parking lot provide allow ease and comfort. Centrally located in one of New England's most desirable, rapidly appreciating coastal destinations. Qualified private showings by appointment only.

Overview

Property Status
For Sale
Lot Size
7,840.8 Sq.Ft.
MLS ID
24184137
Property Type
Commercial
Year Built
2022

Features & Amenities

Neighborhood
Mystic
Stories
3
Water Source
Public Water Connected
Utilities
Electric, Cable
Roof
Asphalt Shingle, Metal
Lot Features
Corner Lot, Level Lot, Cleared
Parking
Paved, Off Street Parking, Driveway
Heat Type
Hot Air
Air Conditioning
Split System
Sewer
Public Sewer Connected
Sales Price
$5,050,000
Real Estate Tax
$17,221/yr
Zoning
LS-5

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32 Broadway Avenue

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for your interest in 32 Broadway Avenue, Stonington, Connecticut 06378

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