3-5 PEARL STREET Mystic CT 06355

2.5% Commission for Buyer's Agents. Incredible investment opportunity with over half an acre located in the heart of Downtown Mystic, steps away from the Historic Draw Bridge. Now a resort style property, all four buildings at 3 and 5 Pearl Street are being offered together to create this 0.525 Acre package, a perfect addition to your investment portfolio, with NNN leases and an extensive renovation adding high end amenities and cost saving upgrades inside and out ensures bare minimum landlord responsibilities and no deferred maintenance. This 10,100 sqft retail/residential package offers a unique opportunity for redevelopment of one of the largest parcels of land in Downtown Mystic, named a top tourist destination in the U.S.

Twelve Units in the Heart of Downtown Mystic (10 Residential & 2 Retail with NNN Leases).

Property Features a Thriving Short Term Rental Business and Long Term Leases

Huge Value Add Opportunity by Developing the Parcel (One of the Largest in Downtown Mystic).

High End Interior Renovations Completed in 2024, Updates to Flooring, HVAC, Windows, Appliances, Kitchens and Bathrooms Extensively Modernized, Laundry and Dishwashers Added.

Exterior Renovations/Improvements Completed in 2024, Decks/Balconies/Patios Added with Walkout Double Doors, Exterior Outlets, Updates to Landscaping, Lights, Security Cameras, Shared Lawn Space with Games, Furniture, Fresh Paint on Every Building.