Restaurant or Retail Space with
For Lease
$37.50 SF/Yr
105-3 Water St, Mystic, CT 06355
First-floor space with a type 2 hood and a large deck overlooking the Mystic River, suited for food service or retail.
Days on Market60
Property Features for 105-3 Water St
General Information
Standard status
Active
Total Parking Spaces
1
Listing Agency:
Compass Connecticut, LLC
(860) 908-4705
Listed By:
Heather W. Gianacoplos · License #RES.0800582
(860) 908-4705
Source:
Exprealty
Added: Jun 1
Changed: Jul 10
Last Checked: Jul 29 at 3:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Connecticut, LLC
Investment Insights
Based on property information with market context.
Located on the first floor of The Standard, a new luxury, mixed-use building at 105-3 Water St in Mystic, CT. The space is currently set up as a restaurant and includes a type 2 hood configuration, with no option for a type 1 hood. A large deck sits directly off the space and provides views of the Mystic River.
This location places the business directly beside heavily foot-trafficked shops and restaurants in the heart of downtown Mystic, including Sift Bakery. The suite also offers practical parking options, with one assigned parking space and proximity to an adjacent public lot.
Designed for a tenant that needs food service infrastructure and outdoor customer space, this unit is also adaptable for office or retail use, based on the building’s flexible layout and current setup. For operators looking to serve customers in a walkable retail corridor while benefiting from direct deck access, the space’s existing restaurant configuration and outdoor deck provide a straightforward starting point.
This location places the business directly beside heavily foot-trafficked shops and restaurants in the heart of downtown Mystic, including Sift Bakery. The suite also offers practical parking options, with one assigned parking space and proximity to an adjacent public lot.
Designed for a tenant that needs food service infrastructure and outdoor customer space, this unit is also adaptable for office or retail use, based on the building’s flexible layout and current setup. For operators looking to serve customers in a walkable retail corridor while benefiting from direct deck access, the space’s existing restaurant configuration and outdoor deck provide a straightforward starting point.
Key Highlights
- First‑floor commercial space in downtown Mystic within The Standard, a new luxury mixed‑use building
- Restaurant setup includes a type 2 hood (no option for type 1 hood)
- Large deck directly off the space with views of the Mystic River
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.63 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
840
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 35%
Margaritas Mexican Restaurant
Dining
5,352 visits/mo
0.2 miles
Shell
Shops & Services
4,469 visits/mo
0.4 miles
Citizens Bank
Shops & Services
2,516 visits/mo
0.4 miles
Mobil
Shops & Services
1,923 visits/mo
0.4 miles
Charles Schwab
Shops & Services
1,103 visits/mo
0.4 miles
Demographics for 06355, CT
12,835
Population
6,099
Households
2.1
Avg Household Size
52
Median Age
58%
College-Educated
98%
High-School Grad
14.2 sq mi
ZIP Area
904
Density / Sq Mi
$132,367
Median Household Income
$63,321
Median Earnings
$1,722
Median Rent
$416,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - First-floor space with a type 2 hood and a large deck overlooking the Mystic River, suited for food service or retail.
Where is this conventional restaurant located?
The property is located at 105-3 Water St Mystic, CT.
What is the lease rate?
The lease rate is $37.50 SF/Yr.
What are key features of this property?
This property features: First‑floor commercial space in downtown Mystic within The Standard, a new luxury mixed‑use building; Restaurant setup includes a type 2 hood (no option for type 1 hood); Large deck directly off the space with views of the Mystic River
