435 Thames St Groton, CT 06340
This 1.01-acre commercial and industrial land parcel in Groton, CT, presents a unique investment opportunity. Located at 435 Thames St, the property boasts 175 feet of frontage on Thames Street and an impressive 240 feet of frontage along the Thames River, offering excellent visibility and potential waterfront access. Zoned I/C (Industrial/Commercial), it's ideally suited for various uses, including manufacturing, technology development, and industrial facilities. Its prime location offers easy access to I-95, New London, and major shipping routes, and is within walking distance of Pfizer and Electric Boat, two major area employers. Public utilities including water, sewer, and electricity are readily available, making this site development-ready. The high-traffic location and proximity to significant employers make this a compelling investment for businesses seeking to capitalize on Groton's growing industrial and technological sectors. The asking price is $1,500,000, and the APN is 168806392297. This property offers significant potential for future development and growth.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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