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    Mystic, CT
    Strip Mall

    Mystic, CT Strip Malls for Sale

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    Groton, CT Stonington, CT Ledyard, CT North Stonington, CT New London, CT Waterford, CT Quaker Hill, CT Westerly, RI
    Value-Add Strip Center Opportunity
    Updated: Feb 21, 2024
    Value-Add Strip Center Opportunity

    12 Coogan Blvd, Mystic, CT 06355

    Contact for pricing
    38,625 sqft
    Value‑add opportunity with 13,454 SF of vacancy and potential NNN lease conversions for cash flow growth.
    Located in Mystic, CT, a popular tourist destination near Olde Mistick Village, Mystic Seaport, and the Mystic Aquarium.
    Strong tenant mix with nationally recognized brands like Morgan Stanley and Starbucks (lease recently extended).
    Recently underwent facade renovation and roof replacement, minimizing immediate capital expenditure.
    High visibility location directly off I‑95, benefiting from tourist and local traffic.
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    1 active listing matches your search: Strip Mall for sale in Mystic, CT. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Building Strip Mall Plaza
    Multi-Building Strip Mall Plaza

    7440 Post Road, North Kingstown, RI 02852

    $2,195,000
    9,780 sqft 1.77 AC lot

    PR-zoned retail property with multiple buildings, separate utility metering, public sewer service, and on-site parking.

    View details
    Six-Unit Brick Strip Mall
    Six-Unit Brick Strip Mall

    570 Smithfield #6, Pawtucket, RI 02860

    $999,900
    7,380 sqft

    Six commercial suites with storefront windows, multiple operating tenants, and restaurant-ready space.

    View details
    Six-Unit Brick Retail Center
    Six-Unit Brick Retail Center

    6-570 Smithfield Ave, Pawtucket, RI 02860

    $999,900
    7,380 sqft

    Brick retail center with two available spaces, including one with restaurant kitchen and dining improvements.

    View details
    Multi-Building Strip Mall Plaza
    Multi-Building Strip Mall Plaza

    7440-7456 Post Rd, North Kingstown, RI 02852

    Contact for pricing
    9,780 sqft 1.77 AC lot

    Commercial PR zoning supports retail, QSR, fast-food, office, and other business uses.

    View details

    Mystic, CT Strip Malls Market Trends and Statistics

    Explore 1 strip malls for sale in Mystic, CT on our real estate platform. These investment opportunities span a total of 38,625 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 2
    Storefront properties 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) -1.7%
    Median Household Income $132,367
    College Educated 42.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.15%
    Property Tax per SF $31.62 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in New London County

    New Delisted

    Total CRE Inventory on Market (SF)

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