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34428961
34428989

32 BROADWAY AVE, MYSTIC, CT 06355-2836

TM
CT 0791434
SERHANT Connecticut
Listed by SERHANT Connecticut
$5,050,000
0 days on market
Updated 0 days ago

32 BROADWAY AVE MYSTIC CT 06355-2836

Details
APN 174-19-1
Property Type Multifamily, Hospitality
Sub Type Apartment Building, Hotel
Square Footage 4,002
Net Rentable (SqFt) 4,002
Units 6
Tenancy Vacant
Pro-Forma Cap Rate 9.58%
Pro-Forma NOI $483,999
Price per SqFt $1,262
Class A
Year Built 2026
Year Renovated 2026
Buildings 1
Stories 2
Lot Size (SqFt) 7,741
Zoning LS-5
Parking Spaces 11 spaces
Parking per 1,000 SqFt 2.75
Sale Condition N/A

Turnkey Hospitality-Zoned Investment Property | Downtown Mystic, CT

Marketing description

Mystic CT commercial real estate for sale, hospitality investment property, boutique hotel for sale Connecticut, short-term rental investment, LS-5 zoning, transit-oriented development, turnkey income property, Connecticut shoreline commercial real estate, off-street parking, New England hotel investment.

Investment highlights

This turnkey property delivers direct, car-free rail access for guests traveling from New York City and Boston — a built-in demand driver for hospitality and short-term rental operators.

The asset is pre-zoned LS-5 for hospitality and hotel use, enabling immediate STR or hotel operation with no entitlement or rezoning risk. It presents a rare value-add and stabilized-income opportunity for boutique hotel operators, STR investors, and residential developers alike. Centrally located in one of New England's most desirable and rapidly appreciating coastal destinations, the property benefits from strong year-round tourism, a supply-constrained lodging market, and sustained appreciation along the Connecticut shoreline.

Listing Contacts

TM
CT 0791434
SERHANT Connecticut
Listed by SERHANT Connecticut

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Zoning

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LS-5 CommercialSpecial CommercialLocal Shopping
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View all 98 uses
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Last updated Feb 19, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Tonino Mavuli
License
0791434
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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