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Property Description
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
Features
Heating System:
Hot Air
Cooling System:
No
Heat Fuel Type:
Other
Fireplaces Total:
0
Parking Total Spaces:
0
Location:
Downtown
Lot Description:
Sloping Lot
Water Source:
Public Water Connected
Address Map
Street:
Thames
Street Number:
53
Floor Number:
0
Longitude:
W73° 54′ 57.7”
Latitude:
N41° 21′ 40.2”
MLS Addon
Office Name:
Berkshire Hathaway NE Prop.
Agent Name:
Kyle Schrader
List Agent MLSID:
SCHRADERK
List Office MLSID:
BHHS61
Tax Year:
July 2025-June 2026
Directions:
GPS Friendly
HOA Fee Amount:
$0
Parcel Number:
1949328
Property Tax:
$10,230
Zoning:
GC

Commercial For Sale

53 Thames, Groton, 06340

0 Bedrooms
1 Bathrooms
1,595 Sqft
$1,700,000
Listing ID #24158015
Basic Details
Property Type :
Commercial For Sale
Listing Type :
For Sale
Listing ID :
24158015
Price :
$1,700,000
Bedrooms :
0
Baths Total :
1
Bathrooms :
1
Half Bathrooms :
0
Square Footage :
1,595 Sqft
Year Built :
1900
Lot Area :
0.57 Acre
City:
Groton
Zipcode:
06340
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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A full-time agent with RE/MAX for 17 years. Marketing Business Degree WCSU. Volunteer Danbury Hospital. RE/MAX Executive Club. Read More…