Historic Inn Near Downtown
For Sale
$6,495,000
15 Elm St, Groton, CT 06355
Iconic 8-bedroom Inn on 1.5 acres near downtown Mystic.
Property Size10,335 SF
Lot Size1.52 Acres
Price / SF$618.57
Days on Market152
Property Features for 15 Elm St
General Information
Standard status
Active
Size
10,335 SF
Lot size
1.52 Acres
Property subtype
Commercial
Building Details
Building Size
10,335 SF
Year Built
1860
Listing Agency:
William Pitt Sotheby's Int'l
(860) 912-9903
Listed By:
Judith Caracausa · License #REB.0788601
(860) 912-9903
Source:
Elliman
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 8 at 6:21AM
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 William Pitt Sotheby's Int'l
Investment Insights
Based on property information with market context.
This historic Italianate Victorian hotel-inn, totaling 10,500 square feet, features 8 bedrooms, 8 full bathrooms, and 3 half bathrooms. Situated on 1.5 acres of manicured grounds, the property includes a private parking lot and porte-cochere. The interior boasts 3 grand parlors with hand-painted ceilings, a full commercial kitchen with stainless steel counters, and a formal dining room that seats 30, complete with French doors leading to a brick patio suitable for outdoor dining. There are 5 ornate original fireplaces, converted to gas. The property is serviced by municipal water and sewer. Additional features include a registration area and a potential lower-level speakeasy. The property is zoned for business or private use, offering possibilities as a boutique inn, event venue, or luxury residence. The belvedere offers views. Located steps from historic downtown Mystic, this property is suitable for use as an 8-unit inn, allowing for 6 outdoor events per year under a tent.
Key Highlights
- Prime location steps from Historic Downtown Mystic.
- 10,500 Sq Ft Italianate Victorian Hotel‑Inn featuring 8 Bedrooms and 8 Full Bathrooms.**
- Zoned for business or private use, offering versatile potential (boutique inn, event venue, or luxury residence).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
Well-served
Demand for This Use
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bed & breakfast - Iconic 8-bedroom Inn on 1.5 acres near downtown Mystic.
Where is this bed & breakfast located?
The property is located at 15 Elm St Groton, CT.
What is the asking price?
The asking price for this property is $6,495,000.
What are key features of this property?
This property features: Prime location steps from Historic Downtown Mystic.; 10,500 Sq Ft Italianate Victorian Hotel‑Inn featuring 8 Bedrooms and 8 Full Bathrooms.**; Zoned for business or private use, offering versatile potential (boutique inn, event venue, or luxury residence).
