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1 Water Street

Groton, CT 06355
  • $1,750,000
  • STATUS: Active Under Contract
  • ON SITE: 246 Days
  • MLS #: 170510396
Under Contract
UPDATED: 79 min ago
$1,750,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,110
    SQFT
  • $426
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

Description

Downtown Mystic! LOCATION, LOCATION, LOCATION! Fantastic opportunity to own an iconic piece of Mystic's history in premiere location. Historically known as Bank Square, The Densmore Building has been owned and cared for by the family for more than 60 years. High traffic count. Visibility from West Main Street, Bank Square and next door to The Standard. Many possible uses in the MDD zone. Oversized front windows on the first floor provide ample views of Water Street and the passersby. Separate entrances for both floors on Water Street and in the rear of the building with parking that faces Steamboat Wharf. 1st floor is currently an office with 2 half baths. 2nd floor features an open staircase that leads to a grand foyer with original wide board flooring and windows facing Water Street. Large front office off the foyer features original wide board floors and ample windows overlooking both Water and West Main Streets. 2 additional offices with wall to wall carpeting. 2 half baths. Rear office with views of Steamboat Wharf and stairs leading to parking in rear and 6 coveted parking spots. Zoning approvals and architectural plans available for 2nd floor apartment. 3 zone heating and 2 zone central air. Separate cable, telephone and electrical service. Additional space in attic for storage. Well maintained with many building improvements. Possible partial owner financing .

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc. Data last updated: 2023-03-29T13:10:37.307.
www.connecticutpropertyforsale.com/homes/131226224
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1 Water Street Groton, CT 06355

  • Price: $1,750,000
  • Status: Active Under Contract
  • On Site: 246 Days
  • Updated: 79 min ago
  • MLS #: 170510396
0
Beds
0
Baths
0
½ Baths
0.11
Acres
4,110
SQFT
$426
$/SQFT
1910
Built
Neighborhood:
Mystic
County:
New London
Area:
Groton
Property Description
Downtown Mystic! LOCATION, LOCATION, LOCATION! Fantastic opportunity to own an iconic piece of Mystic's history in premiere location. Historically known as Bank Square, The Densmore Building has been owned and cared for by the family for more than 60 years. High traffic count. Visibility from West Main Street, Bank Square and next door to The Standard. Many possible uses in the MDD zone. Oversized front windows on the first floor provide ample views of Water Street and the passersby. Separate entrances for both floors on Water Street and in the rear of the building with parking that faces Steamboat Wharf. 1st floor is currently an office with 2 half baths. 2nd floor features an open staircase that leads to a grand foyer with original wide board flooring and windows facing Water Street. Large front office off the foyer features original wide board floors and ample windows overlooking both Water and West Main Streets. 2 additional offices with wall to wall carpeting. 2 half baths. Rear office with views of Steamboat Wharf and stairs leading to parking in rear and 6 coveted parking spots. Zoning approvals and architectural plans available for 2nd floor apartment. 3 zone heating and 2 zone central air. Separate cable, telephone and electrical service. Additional space in attic for storage. Well maintained with many building improvements. Possible partial owner financing .
Exterior Features

Construction Description Frame Exterior Features Door SignGuttersLightingSidewalk Foundation Type Stone Lot Description Level Lot Parking Spaces Uncovered 6 Parking Total Spaces 6 Road Frontage Description Municipal StreetPaved Road Roof Information Asphalt Shingle

Interior Features

Cooling System Central Air Flooring VinylWall-To-Wall CarpetWood Heat Type Hot WaterZoned Interior Features Window Display Restrooms Number Of 4

Property Features

ADACompliant YN No Bank Owned Property Yn No Commercial Category OfficeRetailOther Documents Available Lead DisclosureMechanical DrawingZoning Approval Electic Amperage 200 Financing Cash Flood Zone Yn Yes Garage Parking Info PavedAssigned ParkingParking Lot Heat Fuel Type Oil Location DowntownHistoric Area Possession Availability October 2022 Potential Short Sale Yn No Potential Use OfficeRetailOther Present Use Office Property Tax 8246 Sewage System Public Sewer Connected Sign Yn Yes Subdividable Ynu Yes Utilities Available ElectricPhone AvailableCable Available Water Source Public Water Connected Zoning Mdd

Listing information © 2023 Smart MLS
Listing provided courtesy of Cheryl C Christopher of William Pitt Sotheby's Int'l: (860) 536-5900.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc. Data last updated: 2023-03-29T13:10:37.307.
 
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