Property Description

This property is one of the largest available parcels of land in the Mystic area at 7.23 acres in the C60 zone and with approximately 5.5 buildable acres! There is a large, former retail space on the property which is past its useful life. The current owner has gone through Phase 2 of clean up with only Phase 3 still needed in the $200-300K range. Land is on a level lot with approvals to fill in some areas. This property is located on the Stonington Road which is a highly traveled state road leading from Westerly through Stonington and into the highly desirable Mystic area. Potential conceptual plans are available. Property can become a strip center, an apartment or condo project, a retail area or an office building. The possibilities are many.

Features

Heating System:: No Heat
Cooling System:: No
Foundation Type:: Concrete
Exterior Features:: Doors – Under 10 Ft
Flooring:: Wood
Fireplaces Total:: 0
Parking Total Spaces:: 8
Location:: Highway Access, Urban
Lot Description:: Level Lot, Some Wetlands
Water Source:: Public Water Connected

Address Map

Street:: Stonington
Street Number:: 16
Floor Number:: 0
Longitude:: W72° 8′ 13”
Latitude:: N41° 22′ 3.5”

MLS Addon

Office Name:: Mott & Chace Sotheby’s Intl Rt
Agent Name:: Donna Simmons
List Agent MLSID:: SIMMONSD
List Office MLSID:: MOCH61
Tax Year:: July 2025-June 2026
Directions:: Head on Stonington Westerly Road from Westerly, pass Brustolon Motors on the right; it will be the next open parking spaces on the left
HOA Fee Amount:: $0
Parcel Number:: 2081527
Property Tax:: $9,864
Zoning:: C 60