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Listed by Daniel Barber and Kristin A Pettazzoni of Northeast Property Group
Investment and or User opportunity in Downtown Mystic business area. Walking distance to Amtrak, downtown businesses, restaurants, etc. Minutes from I-95. First Floor entirely occupied and leased to National Wealth Management firm with a base term until 2026 and 2 5 year renewal options. Annual rent is currently +/- $75,000 with annual increases of 2.5% Second floor ( + / 3,000 SF ) currently two office suites but has potential for residential use with a special use permit under the current zone. Mystic commercial rents are stable and vacancy is low. Conversion of second floor to residential units could bring potential rental income of $60,000 or provide an owner with a seaside escape or full time residence.

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