For Sale
$2,350,000

20 Stonington RdStonington, CT 06355

7.2-acre prime commercial parcel in Mystic, CT

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 7.2-acre commercial land parcel, located at 20 Stonington Road in Stonington, Connecticut (zip code 06355), presents a unique development opportunity in the thriving Mystic area. Zoned GC-60, it allows for a variety of uses including retail, residential, office, restaurant, and financial establishments. The property boasts 725 feet of road frontage along Stonington Road (Route 1), a major thoroughfare along Connecticut's coastline. It's serviced by municipal water and sewer, adding to its development appeal. The site includes an existing 4,000+ square foot retail building with a shed, offering potential for immediate income or redevelopment. Its location offers unparalleled access to Interstate 95, an Amtrak station (less than half a mile away), and is minutes from renowned attractions such as Mystic Aquarium, Mystic Seaport, Olde Mistick Village shops, and Mohegan Sun & Foxwood Casinos. Mystic's designation as a top US tourist destination (ranked 4th by USA Today in May 2023) underscores the significant potential for this property. The property's proximity to the vibrant downtown Mystic area, with its numerous shops, restaurants, and galleries, further enhances its desirability. The area also benefits from the presence of major employers such as the US Naval Submarine Base in nearby Groton, General Dynamics Electric Boat, and Pfizer, contributing to a strong and diverse local economy. This is one of the last large parcels available in Mystic, making it a truly rare and valuable investment opportunity. The property is situated within New London County and offers easy access to Mason's Island via a nearby road.

Highlights

  • 7.2-acre commercial land parcel zoned GC-60, allowing retail, residential, office, restaurant, and financial uses.
  • 725 feet of road frontage on Stonington Road.
  • Municipal water and sewer service available.
  • One of the last large undeveloped parcels in Mystic, CT.
  • Includes a 4,000+ square foot retail building with a shed.
  • Located on Route 1, a major Connecticut coastal thoroughfare.

Property Details for 20 Stonington Rd

Property type
Land
Lot Size (sq. ft)
313,632 SF

Location Insight

City
Stonington
County
New London
State
Connecticut
Latitude
41.34703957
Longitude
-71.95452759
20 Stonington Rd, Stonington, Connecticut

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20 Stonington Rd
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