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572 Thames St 1.04 Acres of Commercial Land Offered at $1,250,000 in Groton, CT 06340
Executive Summary
Prime commercial investment property located at 572 Thames Street and 28 Poquonnock Road, Groton, CT. This well-maintained parking lot offers ample space for vehicle storage and is strategically positioned in a high-traffic, high-demand area. Perfectly situated near Electric Boat, Pfizer, waterfront attractions, and major transportation routes, this property offers significant potential for steady income generation. With limited parking options in the area, this property is a rare opportunity for those looking to capitalize on the growing demand for parking in Groton. Whether you're interested in maintaining its current use or exploring future redevelopment, this property offers long-term value and flexibility.
Property Facts
| Price | $1,250,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Parking Lot |
| No. Lots | 1 | Total Lot Size | 1.04 AC |
| Property Type | Land | ||
| Zoning | FC | ||
| Price | $1,250,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Parking Lot |
| Total Lot Size | 1.04 AC |
| Zoning | FC |
1 Lot Available
Lot
| Price | $1,250,000 | Lot Size | 1.04 AC |
| Price Per AC | $1,201,923.08 |
| Price | $1,250,000 |
| Price Per AC | $1,201,923.08 |
| Lot Size | 1.04 AC |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
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572 Thames St
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