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Groton Commercial Parking Lot

572 Thames Street Groton, CT 06340

572 Thames Street, Groton, CT, 06340
$1,250,000
For Sale
Claim this Listing
$1,250,000

Prime parking lot near Electric Boat and Pfizer for sale.

Lot Size1.28 Acres
AddedAug 15, 2025
Days on Market336
Last RefreshJul 16 at 5:25 am

Property Features for 572 Thames Street

General Information

Standard status
Active
Lot size
1.28 Acres
Property subtype
Commercial

Building Details

Year Built
1890

Listing office Compass Connecticut, LLC

Listing date Aug 15, 2025

Source Corcoran

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.

Located at 572 Thames Street and 28 Poquonnock Road in Groton, CT, this commercial investment property is a well-maintained parking lot. It is strategically positioned in a high-traffic, high-demand area near Electric Boat, Pfizer, waterfront attractions, and major transportation routes. The property offers significant potential for steady income generation due to limited parking options in the area. It presents a rare opportunity to capitalize on the growing demand for parking in Groton. The property offers long-term value and flexibility, whether maintaining its current use or exploring future redevelopment.

Key Highlights

  • High‑traffic, high‑demand location ensures consistent usage.
  • Proximity to Electric Boat and Pfizer drives parking demand.
  • Limited parking options in the area create a rare investment opportunity.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Jones Parking Lot ... Parking Lot & Garage

Suggested Use

Real Estate Agency Dental Office Auto Repair Shop Building Supply Auto Parts Store (Bike/Boat/Book/etc) Store Gym & Fitness Center (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store

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

Similar Off Market Nearby

  • Enterprise Rent-A-Car — 311 Mitchell St, Groton, CT 06340

FAQs

What type of property is this?
Parking lot & garage - Prime parking lot near Electric Boat and Pfizer for sale.
Where is this parking lot & garage located?
The property is located at 572 Thames Street 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: High‑traffic, high‑demand location ensures consistent usage.; Proximity to Electric Boat and Pfizer drives parking demand.; Limited parking options in the area create a rare investment opportunity.
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