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435 Thames st
1.01 Acres of Commercial Land Offered at $1,500,000 in Groton, CT 06340
Investment Highlights
- I/T (Industrial/Technology) Zoning in Groton, CT:
- Proximity: Easy access to I-95, New London, and major shipping routes. Walkable to Pfizer and Electric Boat, two of the region’s largest employers.
Executive Summary
A unique opportunity awaits with this commercially zoned I/T (Industrial/Technology) land parcel, ideally located in the heart of Groton. Situated along Thames Street, this property boasts 175 feet of frontage on Thames St and an impressive 240 feet of frontage along the Thames River, offering not only excellent visibility but also potential waterfront access for future development.
Located within walking distance to Pfizer and Electric Boat, this parcel is perfectly positioned for businesses looking to partner with or support these major employers in the area. The I/T zoning allows for a variety of uses, including manufacturing, technology development, and industrial facilities, making it an ideal investment for forward-thinking businesses.
Key Features:
Zoning: I/T (Industrial/Technology)
Frontage: 240 ft along the Thames River and 175 ft along Thames Street
Location: High-traffic area, minutes from downtown Groton.
Land Size: 1.01
Utilities: Ready for development with access to public utilities including water, sewer, and electricity.
Proximity: Easy access to I-95, New London, and major shipping routes. Walkable to Pfizer and Electric Boat, two of the region’s largest employers.
With its strategic location near major industries, significant river and street frontage, and easy access to transportation hubs, this property is an outstanding opportunity to support Groton’s growing industrial and technological sectors.
Property Facts
| Price | $1,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.01 AC |
| Price | $1,500,000 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.01 AC |
1 Lot Available
Lot
| Price | $1,500,000 | Lot Size | 1.01 AC |
| Price Per AC | $1,485,149 |
| Price | $1,500,000 |
| Price Per AC | $1,485,149 |
| Lot Size | 1.01 AC |
Zoning: I/T (Industrial/Technology) Frontage: 240 ft along the Thames River and 175 ft along Thames Street Location: High-traffic area, minutes from downtown Groton. 1.01 Acres
Description
The I/T (Industrial/Technology) zoning district in Groton, CT is designed to accommodate a range of industrial, manufacturing, and technology-based businesses. This zoning allows for uses such as research and development facilities, advanced manufacturing, technology centers, and industrial operations. The purpose of I/T zoning is to support economic growth by fostering industries that are critical to Groton’s economy, including maritime, defense, and technology sectors.
PROPERTY TAXES
| Parcel Number | GROT-001688-000639-002297 | Improvements Assessment | $5,929 |
| Land Assessment | $1,182,041 | Total Assessment | $1,187,970 |
PROPERTY TAXES
zoning
| Zoning Code | I/T (The I/T (Industrial/Technology) zoning district in Groton, CTThe I/T (Industrial/Technology) zoning district in Groton, CT is designed to accommodate) |
| I/T (The I/T (Industrial/Technology) zoning district in Groton, CTThe I/T (Industrial/Technology) zoning district in Groton, CT is designed to accommodate) |
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Dylan LaGrandeur -
Seaport Commercial
Presented by
435 Thames st
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