Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    392 Eastern Point Rd Groton, CT 06340

    For Lease
    $2,250 /Mo ($9 SF/Yr)

    Retail, restaurant, or medical space for lease.

    Property size:
    3,000 SF
    Lot size:
    0.37 Acres

    Property Features for 392 Eastern Point Rd

    General Information

    Standard status
    Active
    Size
    3,000 SF
    Lot size
    0.37 Acres

    Building Details

    Year built
    1979

    Source: Samuel Lyman, Broker Agent SAM LYMAN

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

    Overview

    Retail/Restaurant/Medical Space Available

    This property offers retail, restaurant, and medical space for lease, with available units ranging from 1,500 to 3,000 square feet. Unit 1, at 1,500 square feet, is a retail vanilla box space equipped with a Modine heater, one bathroom, and 150 AMPs. Unit 2, also 1,500 square feet, is configured as a restaurant space, featuring an 11-foot hood with a fire suppression system, a walk-in cooler, plumbing stubbed out, a bar with a large countertop, and a window A/C unit, as well as two bathrooms. The property is located next to a busy gas station, a Chinese restaurant, and a liquor store, and is near Electric Boat/General Dynamics and Pfizer, which employs over 25,000 people.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Groton
    County
    New London
    State
    Connecticut
    Longitude
    -72.0765405
    Latitude
    41.3377278

    Nearby Similar for Lease

    • $1,250 /Mo
      850 SF

      Groton Commercial Space For Lease

      Spacious retail/office space in high-traffic Groton location.
      3175 Gold Star Hwy, Groton, CT 06355
      View Details
    • $2,800 /Mo
      1,999 SF

      Groton Office/Medical Space for Lease

      Professional office/medical space in prime Groton business park, 1974 SF.
      491 Gold Star Hwy, Groton, CT 06340
      View Details
    • $2,800 /Mo
      1,999 SF

      Groton Office/Medical Space For Lease

      Professional office or medical space in prime Groton location.
      491 Gold Star Hwy, Groton, CT 06340
      View Details
    • $2,200 /Mo

      Noank Village Furnished Apartment Rental

      Furnished 2-bedroom apartment in Noank Village with water views.
      51 Front St, Groton, CT 06340
      View Details
    • $2,500 /Mo

      Spacious Apartment in Prime Location

      Charming apartment near downtown Mystic with historic appeal and modern amenities.
      39 Pearl St, Groton, CT 06355
      View Details
    • $1,995 /Mo

      Luxury Apartments in Groton

      New 60-unit apartment complex with upscale finishes and amenities.
      135 Gold Star Hwy, Groton, CT 06340
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail, restaurant, or medical space for lease.
    Where is this retail space located?
    The property is located at 392 Eastern Point Rd Groton, CT.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location next to a busy gas station, Chinese restaurant, and liquor store.; - Proximity to major employers: Electric Boat/General Dynamics and Pfizer (25,000+ employees).; - Unit 2 is equipped as a restaurant space with an 11' hood, fire suppression system, walk-in cooler, plumbing stubbed out, and a bar with a large countertop.
    (860) 876-0359
    Request Owner's contact information
    392 Eastern Point Rd Groton, CT 06340
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    392 Eastern Point Rd
    Groton, CT 06340
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    392 Eastern Point Rd Groton, CT 06340
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.