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48 West Main Street Groton, CT 6355

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For Sale
$2,259,000

Two-story commercial building in a high-traffic downtown location.

Property size:
4,909 SF
Lot size:
0.11 Acres
Added:
Mar 12, 2026
Days on Market:
22
Last Refresh:
Mar 16 at 10:59 am

Property Features for 48 West Main Street

General Information

Standard status
Active
Size
4,909 SF
Lot size
0.11 Acres

Building Details

Year Built
1915

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Listing Contact
JUDITH CARACAUSA

Listing agent JUDITH CARACAUSA License #REB.0788601

Listing office William Pitt Sotheby's Int'l

Listing date Mar 12, 2026

Source Corcoran

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


Overview

Downtown Mystic Commercial Building

This approximately 4,909 square foot, two-story commercial building is located at the corner of West Main and Pearl Streets in downtown Mystic, positioned on approximately 0.11 acres. The property features historic New England architecture and is situated at a highly visible and trafficked intersection in the historic village center, within the MDD zone. The building is located steps from Mystic Pizza, SIFT Bakery, boutique shops, restaurants, and the Mystic River waterfront. The property includes three retail spaces on the first level and two office/retail spaces on the second level. One retail space on the first level is currently available. Each first-floor space has a private half bath. A half bath on the second floor is shared by two tenants. The building has a total of four half baths. The property is serviced by municipal water and sewer, and an oil-fired heating system. The location offers excellent visibility, consistent pedestrian traffic, and proximity to popular attractions, supporting year-round business activity and consistent rental demand. Many uses are permitted in the MDD Zone.
Location Intelligence

Current Use by Public Records

Russ Kramer Marine ... Art Gallery

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Accounting Firm Skin Care Clinic Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Groton
County
New London
State
Connecticut
Longitude
-71.9881312
Latitude
41.3255764

FAQs

What type of property is this?
Retail space - Two-story commercial building in a high-traffic downtown location.
Where is this retail space located?
The property is located at 48 West Main Street Groton, CT.
What is the asking price?
The asking price for this property is $2,259,000.
What are key features of this property?
This property features: Premier downtown Mystic location at a highly visible, high‑traffic intersection.; Income‑producing asset in a consistently high‑demand rental market.; Proximity to major attractions including Mystic Pizza, SIFT Bakery, boutique shops, restaurants, and the Mystic River Waterfront.
More about this property
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