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$2,500,000
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Property Description
Here's a great opportunity to run your own "contactless" business in short term or long term rentals! Included in this recently re-imagined and renovated building are four units-one is a three bedroom, two bath penthouse on the top floor with bespoke finishes, recently and stylishly furnished (included), a gourmet kitchen complete with a subzero refrigerator and Wolf range, its own laundry and is ready to be rented so that you can start earning revenue right away. In addition, there are three efficiency apartments with fireplaces, luxurious, refined bathrooms and kitchenettes. All four of these units can easily accommodate an online booking system as well as contactless access for entrance to and egress from the suite! Fifteen surveillance cameras and an ADT alarm system combine to make security easily monitored resulting in a property that is meant to be low maintenance and low labor to run! Plus, there is ample parking with 10 off street autos. For the investor who wants to live in Mystic, the penthouse is the perfect sized home while renting the lower level efficiency units! The property is zoned as LS-5 and located in the heart of Mystic, Connecticut, one of the most beautiful New England year-round and resort towns with plenty of dining/shopping venues all within walking distance to the Mystic train station - serviced by Amtrac from NYC Metro, Fairfield County CT and Boston metro providing you with a market potential of over 25 million people!
Full Property Details
Full Property Details for 44 Williams Ave
General
- Price: $2,500,000
- Taxes: $2,424 (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24109468
- Updated: 11/26/2025
- Added to Site: 191 day(s) ago
Interior
- Interior Features: Fire Suppression System, Living Space Available, Security System
- Flooring: Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Restrooms: 5
Exterior
- Exterior Features: Sidewalk, Gutters, Lighting
Parking
- Uncovered Spaces: 10
- Total Spaces: 10
- Parking: Paved, Parking Lot, Unassigned Parking
Location
- County: New London
- Neighborhood: Mystic
- Driving Directions: From the West, take the Stonington Westerly Road that turns into Williams Avenue. Property on the corner of Williams Avenue and Hatch Street
Community
- Community Name: Mystic
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Heat Pump, Propane
- Heating Fuel: Propane
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Cable Available
Structural Information
- Roof: Asphalt Shingle
- Ceiling Height: 8
- Amps: 100
- Disability Access: Hard/Low Nap Floors
- Stories/Levels: 3
- Stories in Building: 3
- Square Feet: 3,279
- Sq. Ft. Source: Public Records
- Living Area: 3,279 Sq. Ft.
- Current Bldg. Use: Short and long term rental property
- Year Built: 1940
Unit Information
- # Tenants: 4
Unit 1
- Unit Description: 3 Bedrooms
- Total Bathrooms: 2
Unit 2
- Unit Description: Efficiency
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.17
- Frontage: State Road, Paved Road
- Present Use: Short and long term rental property
- Potential Use: "boutique short term hotel rentals"; long term rentals
- Zoning: LS-5
- Lot Description: Corner Lot, Level Lot
Financial Considerations
- Assessment Amount: $1,346,800
- Tax Amount: $2,424
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Zoning Approval
- Property ID: 2075464
Listed by Mott & Chace Sotheby's Intl Rt, Donna Simmons
Get Pre-Approved Today
Schools
Schools serving 44 Williams Ave
School District:Stonington School District
| Name | Grades | Distance |
|---|---|---|
Stonington Middle School 204 Mistuxet Avenue, Stonington, CT 06355 | 6-8 | 0.9 mi |
Stonington High School 176 South Broad St., Stonington, CT 06379 | 9-12 | 5.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 44 Williams Ave
Date
Details
Price
Change
Source
7/09/2025
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 44 Williams Ave
44 Williams Avenue, Stonington, CT 06355 (MLS# 24109468) is a Commercial property. 44 Williams Avenue is currently listed for $2,500,000 and was received on July 09, 2025. Want to learn more about 44 Williams Avenue? Do you have questions about finding other Commercial real estate for sale in Mystic? You can browse all Mystic real estate or contact a Coldwell Banker agent to request more information.

