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45 Richards Grove Road Waterford, CT $ 1,500,000
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$ 1,500,000 Get more info
45 Richards Grove Road
$ 1,500,000
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Share Save

45 Richards Grove Road

Waterford, CT, 06375
$ 1,500,000
Bedrooms-- Baths-- Sq 35,385

Monthly Estimate*

$ 9,358

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Commercial Property for sale in Waterford, CT

for $1,500,000. This 35,385 square foot building was built in 1986 on a lot size of 4.9.

BUSINESS OWNERS AND INVESTORS TAKE NOTICE. Take this incredible WATER-FRONT 4.9 ACRE property in multiple directions. Located in a residential neighborhood, with water-views and access, easy access to route 32, with quick access to Route 12, Route 395, Route 95, and so much more. There are many possibilities for this lot - ONE: Excellent warehouse opportunity as the property stands, with gated entry, fencing, multiple storage buildings, and offices with storefront. TWO: RESIDENTIAL DEVELOPMENT - with local facilities like, Coast Guard Academy, Connecticut College, New London Naval Base, Electric Boat, and Mitchell College, HOUSING OPPORTUNITIES are high-value! This lot support 40-units according to current zoning, with possibility of expansion in the future. THREE: YOU DECIDE based on zoning. This will be an incredible project.

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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 33,363

Style

Lot Size

4.9

Year Built

1986

Town/City

Waterford

MLS | Web ID

24069581
Features
General
Zoning WD
Neighborhood Quaker Hill
County New London
Tax Year July 2025-June 2026
Location Downtown Suburban
Property Type Commercial For Sale
Status Active
Acres 4.9
Directions Per GPS
City Waterford
Sq Ft Total 35385
DOM 258
Year Built 1986
Present Use Warehouse Storage Garage Sales Office
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Interior
Utilities Available Electric Cable
Cooling System Central Air
Total Number of Units 1
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Exterior
Water Source Public Water Connected
Lot Description Some Wetlands Level Lot
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* Excluded Features
List By
Steph Rush

Listing Agent

Re/Max Legends

Broker

realtor.srush@gmail.com

Email

Affordability Calculator

$12,138
Per Month
77%
23%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$2,780
Monthly 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
6/26/2025$1,500,000 Listed Price

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45 Richards Grove Road, Waterford, CT, 06375 is a Commercial Property for sale at $1,500,000 with 35,385 sqft and a lot size of 4.9. 45 Richards Grove Road was built in 1986. The property's zip code is 06375 which is in Waterford, CT

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