Groton, CT
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    Groton, CT Waterfront Land for Sale

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    New London, CT Ledyard, CT Waterford, CT
    Waterfront Land in Groton
    $2,000,000
    1,595 SF

    Waterfront Land in Groton

    53 Thames Street, Groton, CT 6340

    Rare Thames River frontage with existing structure and dockage.

    • Direct Thames River frontage in Groton's historic commercial corridor.
    • General Commercial (GC) zoning allows a variety of development opportunities.
    • Existing functional dockage and on‑site parking.
    • Offered free and clear of active tenancy, providing immediate flexibility.
    • Located in a submarket experiencing sustained growth due to Electric Boat's expansion.
    Updated: Mar 7
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Groton, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waterfront Land in Stonington
    $2,275,000
    1.00 Acre

    Waterfront Land in Stonington

    Rare waterfront lot with cove access in prime location.

    82 Cove Rd, Stonington, CT 6378
    View details
    Waterfront Land on Quiambaug Cove
    $2,475,000
    1.18 Acres

    Waterfront Land on Quiambaug Cove

    Rare 1.18-acre waterfront property with 372 feet of frontage.

    88 Cove Road, Stonington, CT 6378
    View details
    Waterfront Land in Oswegatchie Area
    $295,000
    0.59 Acres

    Waterfront Land in Oswegatchie Area

    Direct waterfront property with CAM approval for single-family home.

    163 Oswegatchie Road, Waterford, CT 6385
    View details
    Waterfront Land on Alewife Cove
    $99,000
    0.21 Acres

    Waterfront Land on Alewife Cove

    Vacant waterfront land with views of Alewife Cove.

    4 Ridgewood Avenue, Waterford, CT 6385
    View details

    Groton, CT Waterfront Land Investment Opportunities Market Analysis

    Explore 1 waterfront land for sale in Groton, CT on our real estate platform. These investment opportunities span a total of 1,595 square feet of properties for sale, with an estimated market value of $2,000,000.

    Sale prices for water rights properties in Groton, CT start at $2,000,000, averaging $2,000,000, and reaching up to $2,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Operating Costs & Financing

    Tax Rate (average for all types) 2.69%
    Property Tax per SF $42.50 per sq ft
    Average Loan-to-Value 65.0%

    Leading Commercial Asset Segments

    Commercial land 7
    Industrial land 3
    Waterfront Land 3
    Residential land & home lots 3

    Groton Demographics Overview

    Population 30K
    Population Growth (5Y) -3.0%
    Median Household Income $77,768
    College Educated 27.0%

    High-Yield Neighborhoods for Strategic Investment

    Identify Groton submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    06340 $2M

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