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$ 1,700,000
Est. payment | /mo
1 Bath
1,595 SqFt
$ 1,700,000
Est. payment | /mo
1 Bath
1,595 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,595 sqft
Price per Sqft $1,065
MLS Listing ID 24158015
Full Baths 1
Year Built 1900
Annual Tax Amount $10,230
Lot Size 0.570 Acres
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
Location
State CT
County New London
Zoning GC
Interior
Heating Hot Air
Cooling None
Exterior
Utilities Available Electric, Gas, Cable
Roof Type Asphalt Shingle
Building
Lot Description Sloping Lot
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Kyle Schrader • Berkshire Hathaway NE Prop.
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