1303 Gold Star Highway Groton, CT 6340
New
Shopping center with zero vacancy and stable cash flow.
Type:SCR
Property size:
13,000 SFLot size:
1.53 Acres- Added:
- Apr 23, 2026
- Days on Market:
- 4
- 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
Listing agent Andreas Senie License #REB.0790681, CT (203) 584-7257
Listing office KW Commercial | Connecticut | Andreas Senie (203) 584-7257
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
Overview
Fully Occupied Groton Shopping Center
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
Similar Places Nearby
- CoinMover Bitcoin ATM — 1270 Gold Star Hwy, Groton, CT 06340
Location Insight
- Map
- Local Demand
- City
- Groton
- County
- New London
- State
- Connecticut
- Longitude
- -72.025784
- Latitude
- 41.382458
Nearby Similar for Sale
FAQs
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
