Properties

Property Description

This 4.9-acre waterfront industrial and redevelopment property offers active rail access and excellent regional connectivity. The site includes direct rail service into the property and warehouse and features four industrial/commercial buildings totaling approximately 51,000 square feet. Improvements include gated entry, perimeter fencing, extensive asphalt paving, warehouse space, offices, and storefront components, allowing for immediate industrial or warehouse use. Located in a residential neighborhood with water views and water access, the property maintains strong access to Route 32, Route 12, I-395, and I-95, supporting logistics, distribution, and commuter access. Zoning allows warehouse and distribution, rail-served industrial operations, marine or boat storage and service, commercial use, or residential redevelopment. Current zoning supports up to 40 residential units, with potential for additional density subject to approvals. Demand is driven by proximity to Electric Boat, Pfizer, the U.S. Coast Guard Academy, Connecticut College, Mitchell College, and the New London Naval Base. The property is may be leased, repositioned, or redeveloped, offering multiple strategies on a rail-served waterfront asset.

Features
Heating System:
Hot Air
Cooling System:
Central Air
Heat Fuel Type:
Oil
Interior Features:
Security System, Fire Suppression System, Window Display, Employee Lounge
Fireplaces Total:
0
Parking Total Spaces:
0
Location:
Suburban, Downtown
Lot Description:
Level Lot, Some Wetlands
Water Source:
Public Water Connected
Address Map
Street:
Richards Grove
Street Number:
45
Floor Number:
0
Longitude:
W73° 53′ 47.7”
Latitude:
N41° 23′ 48.7”
MLS Addon
Office Name:
RE/MAX Legends
Agent Name:
Steph Rush
List Agent MLSID:
842273
List Office MLSID:
RMLEG01
Tax Year:
July 2025-June 2026
Directions:
Per GPS
HOA Fee Amount:
$0
Parcel Number:
1593648
Property Tax:
$33,363
Zoning:
WD

Commercial For Sale

45 Richards Grove, Waterford, 06375

0 Bedrooms
0 Bathrooms
35,385 Sqft
$1,500,000
Listing ID #24152493
Basic Details
Property Type :
Commercial For Sale
Listing Type :
For Sale
Listing ID :
24152493
Price :
$1,500,000
Bedrooms :
0
Bathrooms :
0
Half Bathrooms :
0
Square Footage :
35,385 Sqft
Year Built :
1986
Lot Area :
4.90 Acre
City:
Waterford
Zipcode:
06375
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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