48 West Main Street Groton, CT $ 2,259,000
48 West Main Street
$ 2,259,000
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48 West Main Street

Groton, CT, 06355
$ 2,259,000
Bedrooms-- Baths4.4 Sq 4,909

Monthly Estimate*

$ 13,909

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Commercial Property for sale in Groton, CT

for $2,259,000 with 4 full baths, 4 half baths. This 4,909 square foot building was built in 1915 on a lot size of 0.11.

Premier Downtown Mystic Location - Three Retail Spaces on the first level and 2 Office/Retail spaces on the second level. One Retail Space on the first level currently available for YOUR business. Each first floor space has a private half bath. One Half Bath on the second floor is shared by two tenants. Total half baths is 4. Situated at one of the most visible and highly trafficked intersections in the Historic Village center and in the MDD zone. Income-Producing Asset. High Foot & Vehicle Traffic - Steps from Mystic Pizza, SIFT Bakery, Boutique Shops, Restaurants, and the Mystic River Waterfront. Historic New England Architecture and one of Mystic's most recognizable and desirable commercial properties. Mystic is one of the most visited destinations in New England, supporting year-round business activity and consistent rental demand. Serviced by Municipal water and sewer and oil-fired heating system. This Appx. 4,909 SF, two-story commercial building is positioned on approximately 0.11 acres at the corner of West Main and Pearl Streets in the heart of Downtown Mystic. This building offers excellent visibility, consistent pedestrian traffic, and proximity to some of Mystic's most popular attractions, ensuring long-term stability and value. Many uses in the MDD Zone. This is a Multi-Tenant Commercial / Mixed-Use Building. Stories: 2 Tenancy: 4 Established Commercial Tenants on first floor and second floor tenants. One first floor space available. Location: Prime Corner in Historic Downtown Mystic Zoning: MDD Heating: Oil-Fired System Utilities: Municipal. This property represents a rare opportunity to acquire a stabilized, high-visibility investment asset in one of New England's most iconic downtown districts.

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Commercial Active

Price

$ 2,259,000

Full Bath

4

Half Bath

4

Property Type

Commercial

Taxes

$ 11,975

Style

Lot Size

0.11

Year Built

1915

Town/City

Groton

MLS | Web ID

24159259

Features
General
Zoning MDD
Neighborhood Mystic
County New London
Tax Year July 2025-June 2026
Location Downtown
Property Type Commercial For Sale
Status Active
Acres 0.11
Directions Rt. 1 to Downtown Mystic. Property on the Corner of West Main St and Pearl St.
City Groton
Sq Ft Total 4909
DOM 0
Year Built 1915
Present Use Retail Office
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Interior
Utilities Available Electric Telephone Cable
Cooling System None
Total Number of Units 5
Total Rooms 0
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Exterior
Water Source Public Water Connected
Lot Description Corner Lot Level Lot
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* Excluded Features
List By
Judith Caracausa

Listing Agent

William Pitt Sotheby's Int'l

Broker

buymystic@aol.com

Email

Affordability Calculator

$14,907
Per Month
93%
7%
0%
Monthly Principal & Interest
$13,909
Monthly Property Taxes
$998
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2026$2,259,000 Listed Price

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48 West Main Street, Groton, CT, 06355 is a Commercial Property for sale at $2,259,000 with 4,909 sqft and a lot size of 0.11. 48 West Main Street has 4.4 baths and was built in 1915. The property's zip code is 06355 which is in Groton, CT