About This Home

This 0-bedroom, 1-bathroom commercial at 32 Broadway Avenue in Stonington, CT is listed for $5,050,000. Built in 2022, on a 0.18 acres lot.

Key Features

  • Built in 2022
  • 0.18 acre lot
  • 3 stories
  • 10 parking spaces

Property Details

3 stories
1 full
10 spaces
2022
Listing Description

Rarely does a commercial asset of this caliber become available in the historic heart of downtown Mystic. Located just 0.1 miles from the Mystic Amtrak Station, this turnkey property offers direct, car-free transit to travelers from NYC and Boston. It presents an unmatched opportunity for a boutique hotel operator, short-term rental (STR) investor, or residential developer.

Located in the LS-5 zone, it is pre-zoned for hospitality/hotel use, allowing immediate STR or hotel operations. Luxury accommodations and fully furnished with a rooftop oasis with communal sun lounge, dining area, and dip pool with panoramic townscape views.

Modern construction, individual high-efficiency climate zones, public utilities, and a dedicated 10-13 car paved off street parking lot provide allow ease and comfort. Centrally located in one of New England's most desirable, rapidly appreciating coastal destinations. Qualified private showings by appointment only.

Monthly Cost Estimate

$27,008/mo

20% down · 6.5% · 30 years

Principal$3,652
Interest$21,883
Insurance$1,473

Estimates only. Actual payments may vary.

Location

32 Broadway Avenue

Stonington, CT 06378

Questions & Answers

This 0-bedroom, 1-bathroom commercial at 32 Broadway Avenue is listed at $5,050,000. The estimated monthly payment is $27,009 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2022, 0.18 acre lot, 3 stories, 10 parking spaces.

This property is listed by Jonathan Shockley.

JS

Jonathan Shockley

Agent at SERHANT CONNECTICUT LLC

Listed by SERHANT CONNECTICUT LLC · Broker phone: (646) 480-7665 · Broker website

MLS# 24184137· Source: SmartMLS, Inc.· 132 days on PropertySimple

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32 Broadway Avenue, Stonington, CT 06378

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