Strip Mall

Mystic, CT Strip Malls for Sale

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Value-Add Strip Center Opportunity
Updated: Feb 21, 2024
Value-Add Strip Center Opportunity

12 Coogan Blvd, Mystic, CT 06355

$9,000,000
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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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Mystic, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Updated Strip Plaza with Parking
Updated Strip Plaza with Parking

80 Greenville Avenue, Johnston, RI 02919

$1,100,000
4,000 sqft

One-level strip plaza is updated and currently operated as a pub and pizza place, with a large parking lot.

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Freestanding Retail Building with 7 Units
Freestanding Retail Building with 7 Units

99-101 W Natick Rd, Warwick, RI 02886

$1,600,000
4,584 sqft 0.40 AC lot

Freestanding retail building offering seven separate retail units within a single 4,584 SF structure.

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Mixed-Use Strip Center with Parking
Mixed-Use Strip Center with Parking

39 Greenville Avenue, Johnston, RI 02919

$2,200,000
0.50 AC lot

Two-building center at a busy intersection with retail, residential, and warehouse space plus room to subdivide.

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Four-Unit Adaptable Strip Property
Four-Unit Adaptable Strip Property

160 Greenwich, Warwick, RI 02886

$399,900
3,618 sqft

Four-unit strip property suitable for owner-user or investment.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land in Mastic, NY
Commercial Land in Mastic, NY

1287 Montauk Highway, Mastic, NY 11950

$749,500
0.31 AC lot

Commercial land near shopping center and residential neighborhoods.

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Corner Lot in Middletown, NY
Corner Lot in Middletown, NY

Airport Road, Middletown, NY 10940

$450,000
2.90 AC lot

Corner lot suitable for any non-residential use.

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Buxton Commercial Land For Sale
Buxton Commercial Land For Sale

Commerce Drive lot: 2, Buxton, ME 04093

$789,000
13.80 AC lot

13.8 acre commercial lot suitable for various business uses.

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Buxton Corner Lot in Business Park
Buxton Corner Lot in Business Park

Innovation Way lot: 5, Buxton, ME 04093

$269,000
1.85 AC lot

1.85 acre corner lot in Buxton's growing business park.

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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, with an estimated market value of $9,000,000.

Sale prices for retail strips in Mystic, CT start at $9,000,000, averaging $9,000,000, and reaching up to $9,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 3

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Mystic submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
06355 $9M

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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