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Fully Occupied Groton Shopping Center

1303 Gold Star Highway, Groton, CT 06340

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For Sale

$3,600,000

Shopping center with zero vacancy and stable cash flow.

Type:SCR

Property size:

13,000 SF

Lot size:

1.53 Acres

Price / SF:

$276/SF

Listing Contact

Andreas Senie

Real Estate License ID: REB.0790681, CT

HighLights

Includes 13,000 SF shopping center with drive thru and Oak Tree Liquor Store business
Fully leased with zero vacancy, providing stable cash flow
Bank‑anchored stability: Chelsea Groton Bank invested $2M in renovations
High‑performing liquor store: $1.2M+ average annual gross sales
NNN‑like structure: Tenants reimburse all CAM expenses
Located in a high‑traffic Groton corridor with 11K–15K daily traffic counts

Learn more

For Sale

$3,600,000

Shopping center with zero vacancy and stable cash flow.

Type:SCR

Property size:

13,000 SF

Lot size:

1.53 Acres

Price / SF:

$276/SF

Added:: Apr 23, 2026
Days on Market:: 49
Last Refresh:: Apr 23 at 2:35 pm

Property Features for 1303 Gold Star Highway

General Information

Standard status: Active
Size: 13,000 SF
Lot size: 1.53 Acres
Property subtype: SCR

Building Details

Year Built: 1978

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Listing Contact

Andreas Senie

Listing agent Andreas Senie License #REB.0790681, CT

Listing office KW Commercial | Connecticut | Andreas Senie

Listing date Apr 23, 2026

Source Realnex

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial | Connecticut | Andreas Senie

HighLights

Includes 13,000 SF shopping center with drive thru and Oak Tree Liquor Store business
Fully leased with zero vacancy, providing stable cash flow
Bank‑anchored stability: Chelsea Groton Bank invested $2M in renovations
High‑performing liquor store: $1.2M+ average annual gross sales
NNN‑like structure: Tenants reimburse all CAM expenses
Located in a high‑traffic Groton corridor with 11K–15K daily traffic counts

Overview

This offering features a fully occupied neighborhood shopping center with approximately 11,355 square feet of space on a 1.53-acre lot, along with the established Oak Tree Liquor Store business. The property is anchored by a recently renovated Chelsea Groton Bank, which invested $2M in renovations and is entering a new 5-year lease term with CPI-tied annual increases (max 3%). Other tenants include Domino’s, a tattoo parlor, and a hair salon, creating a diverse tenant mix that provides income stability and daily traffic. The center was built in 1978 and includes 2 exterior loading docks. The property has 41 free surface parking spaces, with a ratio of 8.25 spaces per 1000 square feet. The property has 300 feet of frontage on Gold Star Highway, which sees 11,000 to 15,000 vehicles daily. The sale includes both the 13,000 square foot shopping center with a drive-thru and the Oak Tree Liquor Store business, offering dual revenue streams. The liquor store generates over $1.2 million in average annual gross sales and includes $235,000 of inventory. Tenants reimburse all CAM expenses except capital improvements, minimizing landlord exposure. The property is located in a high-traffic Groton corridor.

Location Intelligence

Current Use by Public Records

Oak Tree Wine ... (Bike/Boat/Book/etc) Store

Suggested Use

Similar Places Nearby

CoinMover Bitcoin ATM — 1270 Gold Star Hwy, Groton, CT 06340

Location Insight

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Local Demand

City: Groton
County: New London
State: Connecticut
Longitude: -72.025784
Latitude: 41.382458

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For sale
Shopping centers
CT
Groton
06340
1303 Gold Star Highway

What type of property is this?

Shopping center - Shopping center with zero vacancy and stable cash flow.

Where is this shopping center located?

The property is located at 1303 Gold Star Highway Groton, CT.

What is the asking price?

The asking price for this property is $3,600,000.

What are key features of this property?

This property features: Includes 13,000 SF shopping center with drive thru and Oak Tree Liquor Store business; Fully leased with zero vacancy, providing stable cash flow; **Bank‑anchored stability**: Chelsea Groton Bank invested $2M in renovations