520 Thames St Groton, CT 06340
- Office buildings
- 10,510 SF
- 0.34 lot acres
Current Use by Public Records
- Office buildings
Property Details for 520 Thames St
- Year built
- 1981
- Lot size
- 0.34 lot acres
- Property size
- 10,510 SF
- Zone code
- GC
- Property type
- Office buildings
- APN
- GROT M:168806480862
- APU
- GROTM168806480862
Description
This exceptional 10,510 square foot commercial property at 520 Thames Street in Groton, Connecticut presents a unique investment opportunity. The three-story brick building offers 9,575 square feet of office space, complemented by an additional 935 square feet of dry storage. Its steel-framed, clear-span construction allows for flexible floor plan adaptations to suit diverse business needs. A significant advantage is the availability of 35 off-street parking spaces, a considerable asset in this location, with additional parking options nearby. The building enjoys a highly desirable location directly across from General Dynamics Electric Boat Division, within one mile of Pfizer Pharmaceuticals, and conveniently situated within two miles of Interstate 95 and Route 1. This strategic positioning ensures excellent visibility and accessibility. The property is zoned General Commercial within the City of Groton. The 0.34-acre lot provides ample space. This property is offered for sale at $1,550,000, and seller financing is available to qualified buyers. Lease options are also available.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Groton
- County
- New London
- State
- Connecticut
- Longitude
- -72.0796
- Latitude
- 41.3496
- CBSA code
- 35980
- CBSA name
- NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
