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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 allow ease and comfort. Centrally located in one of New England's most desirable, rapidly appreciating coastal destinations. Qualified private showings by appointment only. Also listed as Commercial under MLS# 24184137

Overview

Property Status
For Sale
Lot Size
7,840.8 Sq.Ft.
MLS ID
24185056
Property Type
Multi-Family
Year Built
2022

Features & Amenities

Total Area
4,002 Sq.Ft.
Neighborhood
Mystic
Architecture Styles
Units on different Floors, Units are Side-by-Side
Water Frontage
Walk to Water, Water Community
Water Source
Public Water Connected
Pool
Above Ground Pool
Roof
Asphalt Shingle, Metal
Lot Features
Corner Lot, City Views, Water View
Parking
Paved, Off Street Parking, Driveway
Heat Type
Hot Air
Air Conditioning
Central Air, Split System, Zoned
Laundry Room
Common Laundry Area
Sewer
Public Sewer Connected
Substructure
Concrete
Elementary School
Deans Mill
High School
Stonington
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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