1 Water Street, Groton, Connecticut 06355

$2,999,000
4,110
SqFt
List Price
$2,999,000
Status
ACTIVE
MLS#
170510396
Year Built
1910
Levels
3
Acres
0.11
Living Area
4,110

Property Description

Downtown Mystic! LOCATION, LOCATION, LOCATION! Fantastic opportunity to own an iconic piece of Mystic's history in premiere location. Historically known as Bank Square, The Densmore Building has been owned and cared for by the family for more than 60 years. High traffic count. Visibility from West Main Street, Bank Square and next door to The Standard. Many possible uses in the MDD zone. Oversized front windows on the first floor provide ample views of Water Street and the passersby. Separate entrances for both floors on Water Street and in the rear of the building with parking that faces Steamboat Wharf. 1st floor is currently an office with 2 half baths. 2nd floor features an open staircase that leads to a grand foyer with original wide board flooring and windows facing Water Street. Large front office off the foyer features original wide board floors and ample windows overlooking both Water and West Main Streets. 2 additional offices with wall to wall carpeting. 2 half baths. Rear office with views of Steamboat Wharf and stairs leading to parking in rear and 6 coveted parking spots. Zoning approvals and architectural plans available for 2nd floor apartment. 3 zone heating and 2 zone central air. Separate cable, telephone and electrical service. Additional space in attic for storage. Well maintained with many building improvements. Property also available for lease MLS#170496546. Possible partial owner financing .

Additional Information

Taxes
$8,246
Lot Size
4,791
Interior Features
Window Display
Flooring
Vinyl, Wall-to-Wall Carpet, Wood
Heating
Hot Water, Zoned
Fuel Type
Oil
Cooling System Type
Central Air
Sewer
Public Sewer Connected
Water Source
Public Water Connected
Exterior Features
Door Sign, Gutters, Lighting, Sidewalk
Parking Spaces
6

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listing courtesy of Cheryl C Christopher from William Pitt Sotheby's Int'l

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