Groton Commercial Parking Lot
For Sale
$1,250,000
Pending
572 Thames St, Groton, CT 06340
High-traffic parking lot near Electric Boat and Pfizer.
Property SizeContact for details
Lot Size1.28 Acres
Days on Market171
Property Features for 572 Thames St
General Information
Standard status
Pending
Lot size
1.28 Acres
Property subtype
Commercial
Building Details
Year Built
1890
Listing Agency:
Compass Connecticut, LLC
(860) 908-4705
Listed By:
Heather W. Gianacoplos · License #RES.0800582
(860) 908-4705
Source:
Elliman
Added: Mar 11
Changed: Aug 15
Last Checked: Aug 26 at 10:57AM
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 Compass Connecticut, LLC
Investment Insights
Based on property information with market context.
This commercial investment property is located at 572 Thames Street and 28 Poquonnock Road in Groton, CT. The well-maintained parking lot offers ample space for vehicle storage. It is strategically positioned in a high-traffic, high-demand area near Electric Boat, Pfizer, waterfront attractions, and major transportation routes. This property offers significant potential for steady income generation due to limited parking options in the area. The property offers long-term value and flexibility for maintaining its current use or exploring future redevelopment.
Key Highlights
- Prime location in a high‑traffic, high‑demand area of Groton, CT.
- Ample parking space for vehicle storage.
- Close proximity to major employers like Electric Boat and Pfizer.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
242
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Dining 27%
Cumberland Farms
Shops & Services
13,498 visits/mo
0.1 miles
Dunkin' Donuts
Dining
4,406 visits/mo
0.2 miles
Citgo
Shops & Services
3,822 visits/mo
0.2 miles
SUBWAY
Dining
1,678 visits/mo
0.2 miles
Enterprise Rent-A-Car
Shops & Services
1,224 visits/mo
0.1 miles
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
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Enterprise Rent-A-Car — 311 Mitchell St, Groton, CT 06340
Frequently Asked Questions
What type of property is this?
Parking lot & garage - High-traffic parking lot near Electric Boat and Pfizer.
Where is this parking lot & garage located?
The property is located at 572 Thames St Groton, CT.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Prime location in a high‑traffic, high‑demand area of Groton, CT.; Ample parking space for vehicle storage.; Close proximity to major employers like Electric Boat and Pfizer.
