Groton, CT Commercial Real Estate for Sale

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Mixed-Use Property with Office and Apartments
Updated: Jul 15
Mixed-Use Property with Office and Apartments

296 Mitchell Street, Groton, CT 06340

$575,000
5,355 sqft 0.42 AC lot
.42‑acre mixed‑use property in Groton City’s Five Corners District, serviced by public water and public sewer
Main building total of 5,355 SF with ~3,480 SF finished: professional office suite plus two residential apartments with private entrances
Apartment layout: 1‑bedroom on the first floor and a 2nd‑floor 3‑bedroom apartment
Detached garage at the rear has been recently improved and is leased separately; includes an upper‑story loft
Capital improvements include new garage roof (installed fall) and energy‑efficient mechanical upgrades: new boiler, hot water tanks, and new oil tank
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Restored Office Building
Updated: Jul 20
Restored Office Building

4 Fort Hill Road, Groton, CT 06340

$325,000
2,780 sqft 0.50 AC lot
2,780 SF restored office building includes all office condos
MVC Zone – Mixed Use Village Center zoning
14 off‑street parking spaces
First‑floor handicap accessible in back
Heat pump heating and central A/C
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Mixed-Use Corner Retail Office Buildings
Mixed-Use Corner Retail Office Buildings

48 Fort Hill Road, Groton, CT 06340

$360,000
4,282 sqft 0.63 AC lot

Two-building retail/office property on a corner lot with driveways from Route 1 and North Road.

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Functional Office Building Near Electric Boat
Functional Office Building Near Electric Boat

514-520 Thames St, Groton, CT 06340

$1,050,000
10,510 sqft

Strategically located office asset in Groton's dynamic employment corridor.

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Sushi Restaurant and Residence
Sushi Restaurant and Residence

1043 Poquonnock Road, Groton, CT 06340

$1,200,000
2,849 sqft 0.39 AC lot

Front building operates as a sushi restaurant, paired with a separate 5-bedroom, 2-bath residence on one lot.

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Groton Commercial Investment Property
Groton Commercial Investment Property

572 Thames Street, Groton, CT 06340

$1,250,000
1.28 AC lot

Prime commercial property in high-traffic area near Electric Boat.

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Office and Training Facility
Office and Training Facility

1204 North Road, Groton, CT 06340

$449,000
5,379 sqft 0.54 AC lot

Office space with training classroom, signage, and private paved parking for a convenient, self-contained business setup.

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Downtown Mystic Commercial Building
Downtown Mystic Commercial Building

48-50 West Main Street, Groton, CT 06355

$2,259,000
4,909 sqft 0.11 AC lot

Prime commercial property in the heart of Downtown Mystic.

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Mixed-Use Office and Apartments
Mixed-Use Office and Apartments

296 Mitchell St, Groton, CT 06340

$575,000
5,355 sqft 0.42 AC lot

Main building includes a professional office suite plus two apartments with private entrances, alongside two large annex workshop/storage spaces.

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Retail Strip Center For Sale
Retail Strip Center For Sale

785 Long Hill Rd, Groton, CT 06340

$1,400,000
9,780 sqft 0.53 AC lot

Four-unit retail strip center in high-traffic area.

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13 Fort Hill Road, Groton, CT
13 Fort Hill Road, Groton, CT

13 Fort Hill Rd, Groton, CT 06340

$1,800,000
5,740 sqft 0.56 AC lot

Unique Specialty Building Now Available for Sale

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Classic Cape-Style Residence with Pool
Classic Cape-Style Residence with Pool

8-1/2 Prospect St, Groton, CT 06355

$1,495,000
3,463 sqft 0.61 AC lot

Cape-style home offering mostly one-level living, three fireplaces, and an in-ground pool on a manicured private lot.

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Historic Victorian Inn and Event Venue
Historic Victorian Inn and Event Venue

15 Elm St, Groton, CT 06355

$6,495,000
10,335 sqft 1.50 AC lot

Italianate Victorian hotel-inn offers multiple parlors, a full kitchen, formal dining, and private parking for lodging or events.

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Waterfront Commercial Land with Service Bay
Waterfront Commercial Land with Service Bay

53 Thames St, Groton, CT 06340

$1,500,000
1,595 sqft

Direct Thames River frontage with a single-story service bay, dockage, and on-site parking in GC zoning.

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Functional Office Space with Amenities
Functional Office Space with Amenities

4 Fort Hill Road, Groton, CT 06340

Contact for pricing
1,390 sqft

Commercial office space featuring conference room, kitchenette, and included utilities.

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Office Space at Ice Cube
Office Space at Ice Cube

541 Eastern Point Road, Groton, CT 06340

Contact for pricing
671 sqft

671 SF office space with Thames River views.

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Groton Office Unit For Sale
Groton Office Unit For Sale

1353 Gold Star Highway Unit 212, Groton, CT 06340

Contact for pricing
596 sqft

Office unit with three offices and reception area.

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Fully Occupied Groton Shopping Center
Fully Occupied Groton Shopping Center

1303-1313 Gold Star Hwy, Groton, CT 06340

Contact for pricing
11,355 sqft 1.53 AC lot

Fully occupied shopping center with stable cash flow and zero vacancy.

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168.3 Acres in Groton, CT
168.3 Acres in Groton, CT

351 Flanders Rd, Groton, CT 06340

$5,500,000
168.30 AC lot

168.3 acres of contiguous land in Groton's IM zone.

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Gold Star Highway Land Parcel
Gold Star Highway Land Parcel

1459 Gold Star Hwy, Groton, CT 06340

$130,000
0.57 AC lot

0.57 acre lot with self-storage development potential.

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Groton Commercial Parking Lot Investment
Groton Commercial Parking Lot Investment

572 Thames St, Groton, CT 06340

$1,250,000
1.28 AC lot

High-traffic parking lot near Electric Boat and Pfizer.

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Groton Commercial Parking Lot
Groton Commercial Parking Lot

572 Thames Street, Groton, CT 06340

$1,250,000
1.28 AC lot

Prime parking lot near Electric Boat and Pfizer for sale.

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Groton Commercial Property For Sale
Groton Commercial Property For Sale

36 North Street, Groton, CT 06340

$999,000
3,384 sqft 0.59 AC lot

Three commercial buildings on 0.56 acres near I-95.

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Industrial Land Parcel
Industrial Land Parcel

42 Thomas Rd, Groton, CT 06340

Contact for pricing
8.85 AC lot

8.85-acre industrial land within a planned industrial park, with potential Thomas Road frontage access to be discussed.

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Groton, CT Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Groton, CT, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 75,716 square feet of properties for sale, with an estimated market value of $20,482,000.

Sale prices for business properties in Groton, CT start at $325,000, averaging $1,463,000, and reaching up to $6,495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 30K
Population Growth (5Y) -3.0%
Median Household Income $77,768
College Educated 27.0%

High-Yield Neighborhoods for Investment

Identify Groton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Groton $1.6M
Mystic $2.9M

Taxes & Financing

Tax Rate (average for all types) 2.69%
Property Tax per SF $42.50 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in New London County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Groton fall within the 100,000+ square foot range.

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