1031 Exchange Property with USPS
New
For Sale
$975,000
55 W Mystic Avenue, Groton, CT 06355
Commercial For Sale, Groton, CT
Property Size1,531 SF
Price / SF$636.84
Days on Market2
Property Features for 55 W Mystic Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RS-12
Bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1
Parking
10
Lot features
Dry, Level Lot
Directions
Off of West Mystic Ave and off the intersection of Noank Road. Before you get to the train tracks, the property is on the left side of the road.
Subdivision
West Mystic
Standard status
Active
Size
1,531 SF
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
6107
Utilities
Sewer type
Public Sewer
Heating system
Zoned
Cooling system
Central Air
Water source
Public
Building Details
Year built
1967
Listing Agency:
Serhant Connecticut, LLC
(203) 489-7800
Listed By:
Jonathan Shockley
(860) 917-6016
Added: Sep 11
Last Checked: Sep 12 at 12:06AM
MLS# 24206539
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Investment Insights
Based on property information with market context.
This 1,531-square-foot commercial property at 55 W Mystic Avenue is occupied by a single USPS tenant. Built in 1967, the building includes a bathroom and is served by central air, zoned heating, public water, and public sewer. The property is classified under RS-12 zoning.
The site is in West Mystic within Groton, near downtown Mystic, Route 1, and I-95. The existing lease was recently renewed, and the property is presented as an operational, single-tenant asset. Its location, established occupancy, and existing building systems provide a straightforward commercial property profile for qualified buyers, including those evaluating a 1031 exchange.
The site is in West Mystic within Groton, near downtown Mystic, Route 1, and I-95. The existing lease was recently renewed, and the property is presented as an operational, single-tenant asset. Its location, established occupancy, and existing building systems provide a straightforward commercial property profile for qualified buyers, including those evaluating a 1031 exchange.
Key Highlights
- Single‑tenant USPS property at 55 W Mystic Avenue
- 1,531 square feet on a 1967‑built property
- Recent lease renewal in place
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
136
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
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
1031 exchange property - Single-tenant USPS facility with public water, public sewer, central air, and zoned heating.
Where is this 1031 exchange property located?
The property is located at 55 W Mystic Avenue Groton, CT.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Single‑tenant USPS property at 55 W Mystic Avenue; 1,531 square feet on a 1967‑built property; Recent lease renewal in place
