18 Thames Street Groton, CT ^$ 595,000

18 Thames Street

^$ 595,000

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18 Thames Street

Groton, CT, 06340

^$ 595,000

Studio Baths0.0 Sq 11,000

Monthly Estimate*

^$ 3,955

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Studio

Commercial Property for sale in Groton, CT

for $595,000. This 11,000 square foot building was built in 1931 on a lot size of 0.45.

This 11,000 SF building has been gutted and is ready for build-out. See attached site plan with 32 approved parking spaces. Also attached is a 1st and 2nd floor layout of existing space and an office layout plan that shows location of elevator, stairwell and egress. New underground electrical run and ready for 3 phase 400 amp service. All approved by Groton Utilities. Site approval for office/storage/shop. This building also has a possibility of being turned into an apartment building or make your home on top 2 floors and use 1st floor for your office or shop space. Additional half acre for sale for $100,000.

Commercial Active

Price

^$ 595,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial For Sale

Lot Size

0.45

Year Built

1931

Town/City

Groton

MLS | Web ID

170258888

Features

General

Zoning GC

Year Built 1931

Neighborhood N/A

Heater Type Other

County New London

Tax Year July 2023-June 2024

Location Urban

Property Type Commercial For Sale

Status Active

Acres 0.45

Directions Bridge Street to Thames Street.

City Groton

Street Name Thames

Sq Ft Total 11000

DOM 1572

Video Tour Y/N 0

Interior

Cooling System Central Air

Utilities Available Electric Telephone Cable Underground Required Fire Suppression System

Exterior

Water Source Public Water Connected

Garage Parking Parking Lot

Lot Description Dry Level Lot

Internal Only

Street Number 1 18

* Excluded Features

List By

Susan Howard

Listing Agent

Us Properties

Broker

showard@uspropre.com

Affordability Calculator

$3,955

Per Month

Monthly Principal & Interest: $3,955
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% 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 ^$1,100,629

Percent of Sale Price 85%

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.

899581 Elementary School

895635 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/10/2023	$595,000	-14.88%	Price Down
3/11/2022	$699,000	-6.80%	Price Down
12/20/2019	$750,000		Listed Price

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18 Thames Street, Groton, CT, 06340 is a Commercial Property for sale at $595,000 with 11,000 sqft and a lot size of 0.45. 18 Thames Street is a studio with 0.0 baths and was built in 1931. 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 6.99% 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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18 Thames Street

Commercial Property for sale in Groton, CT

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