Mixed-Use Property with Office and
296 Mitchell Street Groton, CT 06340
296 Mitchell Street, Groton, CT, 06340
$575,000
For Sale
$575,000
COMMERCIAL - Groton, CT
Property Size5,355 SF
Lot Size0.42 Acres
Price / SF$107.38
Days on Market8
Property Features for 296 Mitchell Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- FC
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 2
- Parking
- 11
- Standard status
- Active
- Size
- 5,355 SF
- Lot size
- 0.42 Acres
Taxes and HOA fees
- Tax Year
- 2027
- Tax Annual Amount
- 62318
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Zoned
- Cooling system
- Central Air, Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1947
- Floors in Building
- 3
Listing agency
William Pitt Sotheby's Int'l
(860) 434-2400
Listed by
MJ Derisio
(860) 304-8020
Added: Jul 15 Updated: Jul 21 at 10:27PM Checked: Jul 22 at 3:06AM
MLS# 24189342
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Investment Insights
Based on property information with market context.
This mixed-use property features a main building with 5,355 total square feet, where approximately 65% is finished space. The finished area includes a professional office suite and two residential apartments, each with private entrances: a one-bedroom apartment on the first floor and a three-bedroom apartment on the second floor. The remainder of the main building functions as an annex with two large storage or workshop spaces. At the rear of the property is a recently improved detached garage with an upper-story loft. The garage is leased separately.
The site sits on 0.42 acres in the Five Corners District of Groton City and offers ample parking. Public water and sewer service are available, and the property is in a favorable zoning area within this special district. Documented capital improvements include a new garage roof installed in the fall, along with energy-efficient mechanical upgrades such as a new boiler, hot water tanks, and a new oil tank. Nearby employers and institutions include Electric Boat (General Dynamics), Pfizer, Yale-affiliated medical systems, and local colleges.
The site sits on 0.42 acres in the Five Corners District of Groton City and offers ample parking. Public water and sewer service are available, and the property is in a favorable zoning area within this special district. Documented capital improvements include a new garage roof installed in the fall, along with energy-efficient mechanical upgrades such as a new boiler, hot water tanks, and a new oil tank. Nearby employers and institutions include Electric Boat (General Dynamics), Pfizer, Yale-affiliated medical systems, and local colleges.
Key Highlights
- .42‑acre mixed‑use property in Groton City’s Five Corners District, serviced by public water and public sewer
- Main building total of 5,355 SF with ~3,480 SF finished: professional office suite plus two residential apartments with private entrances
- Apartment layout: 1‑bedroom on the first floor and a 2nd‑floor 3‑bedroom apartment
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Southern Way Cafe
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Main building includes a professional office suite and two apartments with private entrances, plus leased detached garage and parking.
Where is this office units located?
The property is located at 296 Mitchell Street Groton, CT.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: .42‑acre mixed‑use property in Groton City’s Five Corners District, serviced by public water and public sewer; Main building total of 5,355 SF with ~3,480 SF finished: professional office suite plus two residential apartments with private entrances; Apartment layout: 1‑bedroom on the first floor and a 2nd‑floor 3‑bedroom apartment
