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Thames Riverfront Commercial Land Opportunity

53 Thames St, Groton, CT 06340

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For Sale

$1,700,000

Rare Groton waterfront property with existing structure and dockage.

Type:Commercial

Property size:

1,595 SF

Lot size:

0.57 Acres

Price / SF:

$1,065/SF

HighLights

Direct Thames River frontage in Groton's commercial corridor.
General Commercial (GC) zoning allows for diverse development options.
Existing functional dockage and on‑site parking.
Offered free and clear of active tenancy for immediate use.
Located in a submarket experiencing sustained growth due to Electric Boat expansion.
Rare opportunity: Only three direct riverfront parcels traded in the last year.

We can help!

Listing Contact

Kyle Schrader

Learn more

For Sale

$1,700,000

Rare Groton waterfront property with existing structure and dockage.

Type:Commercial

Property size:

1,595 SF

Lot size:

0.57 Acres

Price / SF:

$1,065/SF

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 6:00 pm

Property Features for 53 Thames St

General Information

Standard status: Active
Size: 1,595 SF
Lot size: 0.57 Acres
Property subtype: Commercial

Building Details

Year Built: 1900

We can help!

Listing Contact

Kyle Schrader

Listing agent Kyle Schrader

Listing office Seaport Real Estate Services

Listing date Apr 24, 2026

Source Elliman

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 Seaport Real Estate Services

HighLights

Direct Thames River frontage in Groton's commercial corridor.
General Commercial (GC) zoning allows for diverse development options.
Existing functional dockage and on‑site parking.
Offered free and clear of active tenancy for immediate use.
Located in a submarket experiencing sustained growth due to Electric Boat expansion.
Rare opportunity: Only three direct riverfront parcels traded in the last year.

Overview

This is a rare opportunity to acquire direct Thames River frontage in the heart of Groton's historic commercial corridor. The property at 53 Thames Street offers approximately 24,829 square feet of General Commercial (GC) zoned land with an existing 1,595 square foot single-story service bay structure, functional dockage, and on-site parking. It is 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. The property is being offered as-is only. The location has a walk score of 54, indicating it is somewhat walkable, and a bike score of 27, indicating it is somewhat bikeable.

Location Intelligence

Current Use by Public Records

Osprey Sport Fishing ... Tour Operator Groton Oil Marina Marina

Suggested Use

Location Insight

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Local Demand

City: Groton
County: New London
State: Connecticut
Longitude: -72.0839486
Latitude: 41.3612413

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For sale
Commercial land
CT
Groton
06340
53 Thames St

What type of property is this?

Commercial land - Rare Groton waterfront property with existing structure and dockage.

Where is this commercial land located?

The property is located at 53 Thames St Groton, CT.

What is the asking price?

The asking price for this property is $1,700,000.

What are key features of this property?

This property features: Direct Thames River frontage in Groton's commercial corridor.; General Commercial (GC) zoning allows for diverse development options.; Existing functional dockage and on‑site parking.