35,385 SF

retail

35,385 SF

45 Richards Grove Road
Waterford, Connecticut 06375

Price

$1,500,000

Price/SF

$42.39/SF

Building Size

35,385 SF

Lot Size

4.90 acres

Year Built

1986

Units

4

Property Description

This 4.9-acre waterfront industrial and redevelopment property offers active rail access and excellent regional connectivity. The site includes direct rail service into the property and warehouse and features four industrial/commercial buildings totaling approximately 51,000 square feet. Improvements include gated entry, perimeter fencing, extensive asphalt paving, warehouse space, offices, and storefront components, allowing for immediate industrial or warehouse use. Located in a residential neighborhood with water views and water access, the property maintains strong access to Route 32, Route 12, I-395, and I-95, supporting logistics, distribution, and commuter access. Zoning allows warehouse and distribution, rail-served industrial operations, marine or boat storage and service, commercial use, or residential redevelopment. Current zoning supports up to 40 residential units, with potential for additional density subject to approvals. Demand is driven by proximity to Electric Boat, Pfizer, the U.S. Coast Guard Academy, Connecticut College, Mitchell College, and the New London Naval Base. The property is may be leased, repositioned, or redeveloped, offering multiple strategies on a rail-served waterfront asset.

Additional Details

Zoning

WD

MLS Number

24152493

Property ID

cb00b045-fd6e-4e09-82c9-b59dbcabc8e0

MLS Information

MLS#: 24152493

Listed by: RE/MAX Legends

Agent: Steph Rush • (860) 449-2699 • realtor.srush@gmail.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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