53 Thames Street Groton, CT $ 2,000,000
53 Thames Street
$ 2,000,000
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53 Thames Street

Groton, CT, 06340
$ 2,000,000
Bedrooms-- Baths1.0 Sq 1,595

Monthly Estimate*

$ 12,314

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Commercial Property for sale in Groton, CT

for $2,000,000 with 1 full bath. This 1,595 square foot building was built in 1900 on a lot size of 0.57.

A rare opportunity to acquire direct Thames River frontage in the heart of Groton's historic commercial corridor. 53 Thames Street offers approximately 24,829 square feet of General Commercial (GC) zoned land with an existing 1,595 SF single-story service bay structure, functional dockage, and on-site parking - all situated along one of southeastern Connecticut's most coveted waterfront stretches. Only three direct riverfront parcels have traded along Thames Street in the past twelve months, underscoring the scarcity of this asset class. The property is being offered free and clear of active tenancy, presenting immediate flexibility for an owner-user, developer, or investor seeking to capitalize on the corridor's accelerating momentum. The Groton submarket is experiencing sustained growth driven by the expanding operations of Electric Boat - a division of General Dynamics - and its deep contractor supply chain, generating demand for marine commercial, hospitality, food and beverage, and mixed-use development along the waterfront PROPERTY IS BEING OFFERED AS-IS ONLY PROPERTY IS BEING OFFERED AS-IS ONLY

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Commercial Active

Price

$ 2,000,000

Full Bath

1

Property Type

Commercial

Taxes

$ 10,230

Style

Lot Size

0.57

Year Built

1900

Town/City

Groton

MLS | Web ID

24158015

Features
General
Zoning GC
Neighborhood Groton City
County New London
Tax Year July 2025-June 2026
Location Downtown
Property Type Commercial For Sale
Status Active
Acres 0.57
Directions GPS Friendly
City Groton
Sq Ft Total 1595
DOM 1
Year Built 1900
Present Use Marina/Dockage
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Interior
Utilities Available Electric Gas Cable
Cooling System None
Total Rooms 0
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Exterior
Water Source Public Water Connected
Lot Description Sloping Lot
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* Excluded Features
List By
Kyle Schrader

Listing Agent

Berkshire Hathaway Ne Prop.

Broker

kyleschrader@bhhsne.com

Email

Affordability Calculator

$13,167
Per Month
94%
6%
0%
Monthly Principal & Interest
$12,314
Monthly Property Taxes
$853
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/7/2026$2,000,000 Listed Price

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53 Thames Street, Groton, CT, 06340 is a Commercial Property for sale at $2,000,000 with 1,595 sqft and a lot size of 0.57. 53 Thames Street has 1.0 baths and was built in 1900. The property's zip code is 06340 which is in Groton, CT