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Mixed-Use Building in Mystic, Connecticut, Sells for $14 Million

Private Individual Buys Retail and Multifamily Property From Local Real Estate Developer and Investor
Mystic's Factory Square building includes retail tenants such as Margaritas Mexican Restaurant, Friar Tux and Barley Head Brewery. (CoStar)
Mystic's Factory Square building includes retail tenants such as Margaritas Mexican Restaurant, Friar Tux and Barley Head Brewery. (CoStar)
By Marchelle Cunningham
CoStar Research
November 21, 2023 | 8:42 P.M.

Real estate developer and investor Coastal Funding Co. of Mystic, Connecticut, recently sold the Factory Square building to a Waterford-based private individual for $14 million, or $231.11 per square foot.

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