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Historic Victorian Inn and Event Venue
For Sale
$6,495,000

15 Elm St, Groton, CT 06355

Italianate Victorian hotel-inn offers multiple parlors, a full kitchen, formal dining, and private parking for lodging or events.

Property Size10,335 SF
Lot Size1.50 Acres
Price / SF$628.45
Days on Market50

Property Features for 15 Elm St

General Information

Standard status Active
Size 10,335 SF
Lot size 1.50 Acres
Property subtype Commercial

Additional Details

Business Included Yes
Utilities to Site Yes

Building Details

Year Built 1860
Listing Agency: William Pitt Sotheby's Int'l
Listed By: Judith Caracausa
Source: Davejonesrealty
Added: Jun 13 Changed: Jul 10 Last Checked: Aug 1 at 6:46AM

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 totals approximately 10,500 square feet and is set on 1.5 acres with manicured grounds, private parking, and a porte-cochere. The building includes 8 bedrooms with 8 full bathrooms and 3 half bathrooms, along with three grand parlors featuring hand-painted ceilings. A full commercial kitchen with stainless steel counters supports food service, while a formal dining room seats up to 30 and connects to a brick patio through French doors for outdoor dining. Several ornate original fireplaces have been converted to gas, and the property also includes a registration area. The lower level may be suitable as a speakeasy concept.

The property is located at 15 Elm St in Groton, CT, described as being steps from Historic Downtown Mystic. It is serviced by municipal water and sewer, supporting day-to-day operations.

With its lodging configuration, event-ready dining and patio connection, and a zoning designation that allows business or private use, the property is suited to multiple operating models, including a boutique inn, buyouts, or an event venue. It may also work as a luxury residence given the existing hospitality-style layout and amenities.

Key Highlights

  • 10,500 SF Italianate Victorian hotel‑inn built in 1860 with 8 bedrooms and 8 full baths plus 3 half baths
  • Set on 1.5 acres with a private parking lot and porte‑cochere
  • 3 grand parlors with hand‑painted ceilings and 5 original fireplaces converted to gas

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Auto Repair Shop Law Firm Kitchen & Bath Showroom Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

728
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Italianate Victorian hotel-inn offers multiple parlors, a full kitchen, formal dining, and private parking for lodging or events.
Where is this hotel 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: 10,500 SF Italianate Victorian hotel‑inn built in 1860 with 8 bedrooms and 8 full baths plus 3 half baths; Set on 1.5 acres with a private parking lot and porte‑cochere; 3 grand parlors with hand‑painted ceilings and 5 original fireplaces converted to gas
More about this property
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