industrial
1,595 SF
53 Thames Street
Groton, Connecticut 06340
Price
$1,500,000
Price/SF
$940.44/SF
Building Size
1,595 SF
Lot Size
0.57 acres
Year Built
1900
Property Description
A rare opportunity to acquire direct Thames River frontage in the heart of Groton's historic commercial corridor. 53 Thames Street offers approximately 24,829 square feet of General Commercial (GC) zoned land with an existing 1,595 SF single-story service bay structure, functional dockage, and on-site parking - all situated along one of southeastern Connecticut's most coveted waterfront stretches. Only three direct riverfront parcels have traded along Thames Street in the past twelve months, underscoring the scarcity of this asset class. The property is being offered free and clear of active tenancy, presenting immediate flexibility for an owner-user, developer, or investor seeking to capitalize on the corridor's accelerating momentum. The Groton submarket is experiencing sustained growth driven by the expanding operations of Electric Boat - a division of General Dynamics - and its deep contractor supply chain, generating demand for marine commercial, hospitality, food and beverage, and mixed-use development along the waterfront PROPERTY IS BEING OFFERED AS-IS ONLY
Additional Details
Zoning
GC
MLS Number
24158015
Property ID
b37cd586-4bc1-44e1-8701-a49bccacc372
MLS Information
MLS#: 24158015
Listed by: Berkshire Hathaway NE Prop.
Agent: Kyle Schrader • (860) 333-3242 • kyleschrader@bhhsne.com
This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.
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