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514-520 Thames St

9,575 SF Vacant Office Building Groton, CT 06340 $1,550,000 ($162/SF)

Investment Highlights

  • Close to General Dynamics Electric Boat Division
  • Private parking available

Executive Summary

520 Thames Street is a 9,575 SF, three-story brick office building with an additional 935 SF of dry storage area. Total SF= 10,510. There are 35 off-street parking spaces which is significant for the area, plus adjacent parking lot opportunities nearby. Steel framed, clear span construction for easy floor plan modifications. The property is directly across the street from the Electric Boat Division of General Dynamics. One mile north of Pfizer Pharmaceuticals, and within 2 miles of Interstate 95 and Route 1. This property is located in the General Commercial zone within the City of Groton. Offered for lease as well. Seller financing available to qualified buyers.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
9,575 SF
Building Class
B
Year Built
1981
Price
$1,550,000
Price Per SF
$162
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,192 SF
Slab To Slab
10’
Building FAR
0.65
Lot Size
0.34 AC
Zoning
GC
Parking
35 Spaces (3.66 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 3,333 SF
  • Office
  • -
  • Now

9575 square feet of office space available plus additional storage space available in the basement. Full, half or multi-floors available at $19.50 per sq. ft. gross. 35 parking spaces available in adjacent lot behind the building. Directly across the street from General Dynamics and one mile north of Pfizer. Elevator building. Architect and construction team on staff for immediate tenant build outs.

  • 2nd Floor
  • 3,333 SF
  • Office
  • -
  • Now

9575 square feet of office space available plus additional storage space available in the basement. Full, half or multi-floors available at $19.50 per sq. ft. gross. 35 parking spaces available in adjacent lot behind the building. Directly across the street from General Dynamics and one mile north of Pfizer. Elevator building. Architect and construction team on staff for immediate tenant build outs.

  • 3rd Floor
  • 3,333 SF
  • Office
  • -
  • Now

9575 square feet of office space available plus additional storage space available in the basement. Full, half or multi-floors available at $19.50 per sq. ft. gross. 35 parking spaces available in adjacent lot behind the building. Directly across the street from General Dynamics and one mile north of Pfizer. Elevator building. Architect and construction team on staff for immediate tenant build outs.

Space Size Space Use Condition Available
1st Floor 3,333 SF Office - Now
2nd Floor 3,333 SF Office - Now
3rd Floor 3,333 SF Office - Now

1st Floor

Size
3,333 SF
Space Use
Office
Condition
-
Available
Now

2nd Floor

Size
3,333 SF
Space Use
Office
Condition
-
Available
Now

3rd Floor

Size
3,333 SF
Space Use
Office
Condition
-
Available
Now

1st Floor

Size 3,333 SF
Space Use Office
Condition -
Available Now

9575 square feet of office space available plus additional storage space available in the basement. Full, half or multi-floors available at $19.50 per sq. ft. gross. 35 parking spaces available in adjacent lot behind the building. Directly across the street from General Dynamics and one mile north of Pfizer. Elevator building. Architect and construction team on staff for immediate tenant build outs.

2nd Floor

Size 3,333 SF
Space Use Office
Condition -
Available Now

9575 square feet of office space available plus additional storage space available in the basement. Full, half or multi-floors available at $19.50 per sq. ft. gross. 35 parking spaces available in adjacent lot behind the building. Directly across the street from General Dynamics and one mile north of Pfizer. Elevator building. Architect and construction team on staff for immediate tenant build outs.

3rd Floor

Size 3,333 SF
Space Use Office
Condition -
Available Now

9575 square feet of office space available plus additional storage space available in the basement. Full, half or multi-floors available at $19.50 per sq. ft. gross. 35 parking spaces available in adjacent lot behind the building. Directly across the street from General Dynamics and one mile north of Pfizer. Elevator building. Architect and construction team on staff for immediate tenant build outs.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
GROT-001688-000648-000862
Land Assessment
$152,600
Improvements Assessment
$90,160
Total Assessment
$242,760
  • Listing ID: 32212840

  • Date on Market: 6/21/2024

  • Last Updated:

  • Address: 514-520 Thames St, Groton, CT 06340

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