Waterfront Commercial Land with Service
For Sale
$1,400,000
53 Thames St, Groton, CT 06340
Direct Thames River frontage with a single-story service bay, dockage, and on-site parking in GC zoning.
Property Size1,595 SF
Price / SF$877.74
Days on Market97
Property Features for 53 Thames St
General Information
Standard status
Active
Size
1,595 SF
Property subtype
Commercial
Zoning
GC
Taxes and HOA fees
Annual Taxes
$10,230
Building Details
Year Built
1900
Listing Agency:
Berkshire Hathaway NE Prop
(203) 758-0264
Listed By:
Kyle Schrader
(860) 245-9200
Source:
Davejonesrealty
Added: Jun 9
Changed: Sep 10
Last Checked: Sep 13 at 11:21AM
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 Berkshire Hathaway NE Prop
Investment Insights
Based on property information with market context.
The property at 53 Thames St consists of General Commercial (GC) zoned land with an existing single-story service bay structure of approximately 1,595 square feet. The site is improved with functional dockage and includes on-site parking, creating a ready-to-operate waterfront setup for an owner-operator or developer. The property is being offered as-is only.
The parcel provides direct Thames River frontage along Groton’s historic commercial corridor. The public remarks indicate that direct riverfront parcel sales along Thames Street are scarce, with only three direct riverfront parcels trading in the past twelve months. The offering is free and clear of active tenancy, allowing for immediate flexibility in how the site is planned and executed.
Because the land is GC zoned and already supports a service-bay building and dockage, the site may fit users seeking waterfront-oriented operations or entities planning a redevelopment aligned with the corridor’s commercial character. The combination of river access, existing on-site improvements, and absence of active tenancy can support a range of owner-user, development, or investor strategies. Prospective buyers should review site conditions and intended use under GC zoning as part of their due diligence, noting the property is offered as-is only.
The parcel provides direct Thames River frontage along Groton’s historic commercial corridor. The public remarks indicate that direct riverfront parcel sales along Thames Street are scarce, with only three direct riverfront parcels trading in the past twelve months. The offering is free and clear of active tenancy, allowing for immediate flexibility in how the site is planned and executed.
Because the land is GC zoned and already supports a service-bay building and dockage, the site may fit users seeking waterfront-oriented operations or entities planning a redevelopment aligned with the corridor’s commercial character. The combination of river access, existing on-site improvements, and absence of active tenancy can support a range of owner-user, development, or investor strategies. Prospective buyers should review site conditions and intended use under GC zoning as part of their due diligence, noting the property is offered as-is only.
Key Highlights
- Direct Thames River frontage on the historic Groton commercial corridor at 53 Thames Street
- Approximately 24,829 SF of General Commercial (GC) zoned land
- Includes an existing 1,595 SF single‑story service bay structure
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Current Use
Location Intelligence
Trade Area within ½ mile
637
Businesses Nearby
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Business Placement
Demographics for 06340, CT
29,788
Population
14,441
Households
2.1
Avg Household Size
35
Median Age
38%
College-Educated
93%
High-School Grad
22.5 sq mi
ZIP Area
1,324
Density / Sq Mi
$77,768
Median Household Income
$45,308
Median Earnings
$1,492
Median Rent
$275,500
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Direct Thames River frontage with a single-story service bay, dockage, and on-site parking in GC zoning.
Where is this waterfront land located?
The property is located at 53 Thames St Groton, CT.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Direct Thames River frontage on the historic Groton commercial corridor at 53 Thames Street; Approximately 24,829 SF of General Commercial (GC) zoned land; Includes an existing 1,595 SF single‑story service bay structure
