943 North Road Groton, CT ^$ 595,000

943 North Road

^$ 595,000

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943 North Road

Groton, CT, 06340

^$ 595,000

Bedrooms-- Baths5.5 Sq 4,368

Monthly Estimate*

^$ 3,712

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Commercial Property for sale in Groton, CT

for $595,000 with 5 full baths, 5 half baths. This 4,368 square foot building was built in 1986 on a lot size of 1.72.

Excellent cash flow with long-term tenants, no deferred maintenance and exceptional cap rate of 8.86%. Located on Route 117 in Groton, less than a mile from I95, Exit 88. 943 North Rd is a 4,368 SF wood-framed office building with 19 off-street parking spaces. Fully leased with four tenants. Close to Electric Boat, Pfizer, Naval Sub Base. Zoning is IM (industrial, mixed-use). The building was renovated inside and out in 2014 with a new roof, HVAC, electric, etc. Private bathrooms for each office tenant.

Commercial Contingent

Price

^$ 595,000

Full Bath

Half Bath

Property Type

Commercial

Taxes

^$ 8,327

Style

Lot Size

1.72

Year Built

1986

Town/City

Groton

MLS | Web ID

24045577

Features

General

Zoning IM

Neighborhood N/A

County New London

Tax Year July 2025-June 2026

Location Highway Access

Property Type Commercial For Sale

Status Under Contract

Acres 1.72

Directions I95 to exit 88 north on Route 117 (North Rd) one mile. Property will be on the right.

City Groton

Sq Ft Total 4368

DOM 405

Year Built 1986

Present Use Office

Net Operating Income 52715

Interior

Utilities Available Electric Telephone Cable

Cooling System Central Air

Total Number of Units 4

Total Rooms 0

Ceiling Height 8

Exterior

Water Source Public Water Connected

Lot Description Some Wetlands

* Excluded Features

List By

Jonathan Rodgers

Listing Agent

Rodgers Realty Group, Llc

Broker

jonathan@rodgersrealtygrp.com

Affordability Calculator

$4,406

Per Month

Monthly Principal & Interest: $3,712
Monthly Property Taxes: $694
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Groton, CT

Average List Price ^$1,157,364

Percent of Sale Price 95%

About Groton, CT

39,471 Population

-1% Since 2002

^$65,524 Median Income

36.29 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/4/2025	$595,000	-7.75%	Price Down
6/26/2025	$645,000		Listed Price

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943 North Road, Groton, CT, 06340 is a Commercial Property for sale at $595,000 with 4,368 sqft and a lot size of 1.72. 943 North Road has 5.5 baths and was built in 1986. The property's zip code is 06340 which is in Groton, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to a buying decision should be independently verified.

Information on this this page is provided by the Smart Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site other than by consumers looking to purchase real estate is prohibited.

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943 North Road

Commercial Property for sale in Groton, CT

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