Waterfront Mixed-Use
12 Water Street, Groton, CT 06355
For Sale
$18,000,000
MDD zoning supports pedestrian-oriented mixed-use and residential development in Mystic’s downtown district.
Property Size35,520 SF
Lot Size1.61 Acres
Price / SF$506.76
Days on Market242
Property Features for 12 Water Street
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Asking Price
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Berkshire Hathaway NE Prop.
(860) 536-4906
Listed By:
Dylan Lagrandeur · License #RES.0049747
(203) 401-4203
Source:
Dancombsre
Added: Mar 12
Changed: Nov 7
Last Checked: Nov 7 at 2:18PM
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 Berkshire Hathaway NE Prop.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A four-story mixed-use building, constructed in 1864, occupies a 1.61-acre waterfront site in Mystic, Connecticut. The property is zoned MDD, the Mystic Downtown District, which is intended to support pedestrian-oriented mixed-use and residential development while maintaining the area’s historic character.
The site is near the Mystic Drawbridge and is addressed at 12 Water Street. Its existing building and downtown waterfront setting define the property’s physical and planning context.
The site is near the Mystic Drawbridge and is addressed at 12 Water Street. Its existing building and downtown waterfront setting define the property’s physical and planning context.
Key Highlights
- 1.61‑acre waterfront site in Mystic, Connecticut
- Four‑story existing building
- Built in 1864
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Explore this area
Business Placement
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
$416,600
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in New London County, CT
Properties on Market for Mixed-use properties in New London County
Frequently Asked Questions
What type of property is this?
Mixed-use property - MDD zoning supports pedestrian-oriented mixed-use and residential development in Mystic’s downtown district.
Where is this mixed-use property located?
The property is located at 12 Water Street Groton, CT.
What is the asking price?
The asking price for this property is $18,000,000.
What are key features of this property?
This property features: 1.61‑acre waterfront site in Mystic, Connecticut; Four‑story existing building; Built in 1864
