564 Thames Street, Groton, CT 06340 - Photo 1

1/1

$93,000

Sold
Closed
Commercial

1/1

Property Description

More information available upon request for this affordable commercial opportunity in the heart of Groton Connecticut's Waterfront district. Steps from Electric Boat allows for endless opportunities for this unique property. Located on the corner of Thames Street and Smith Street, this property is currently being used as a catering business. The zoning allows for Small Retail and Service Stores in this location. This property is FULLY FOOD SERVICE COMPLIANT. Grease Trap/Exhaust Fans/ Fire Supression Systems all convey with sale. Schedule a tour and envision your next business venture in this PRIME location!

Full Property Details

Full Property Details for 564 Thames St

General

Sold For: $93,000
Taxes: (July 2024-June 2025)
Status: Closed
Type: Commercial
Source: SMARTMLS
MLS ID: 24040291
Added to Site: 521 day(s) ago

Interior

Interior Features: Fire Suppression System

Rooms

Bathrooms

Total Bathrooms: 1
Half Bathrooms: 1
Restrooms: 1

Exterior

Exterior Features: Sidewalk

Location

County: New London
Driving Directions: For All GPS Directions please use: 564 Thames Street, Groton, CT. On the corner of Thames St & Smith St.

Heating & Cooling

Cooling Type: None
Heating Type: Hot Air, Wall Unit, Propane
Heating Fuel: Propane

Utilities

Sewer: Public Sewer Connected
Water: Public Water Connected
Utility Description: Electric, Phone Available, Fire Suppression System

Structural Information

Roof: Asphalt Shingle
Stories/Levels: 1
Stories in Building: 1
Square Feet: 798
Sq. Ft. Source: Public Records
Current Bldg. Use: Restaurant/Caterer
Year Built: 1900

Unit Information

# Tenants: 1

Unit 1

Unit Description: Retail
Square Feet: 798
Total Bathrooms: 1
Partial Bathrooms: 1

Lot Features

Lot Size (Acres): 0.03
Frontage: Municipal Street
Present Use: Restaurant/Caterer
Potential Use: Small Retail and Service Store
Zoning: GC
Lot Description: Corner Lot

Financial Considerations

Assessment Amount: $41,650
Tax Year: July 2024-June 2025

Disclosures and Reports

Documents Avail.: Lead Disclosure
Property ID: 1949911

Listed by Real Broker CT, LLC, X Team At Real Broker CT, James Corby
Sold by RE/MAX on the Bay, Geoff Smith

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Listing agent

— 564 Thames St —

James Corby

Real Broker CT, LLC

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Schools

Schools serving 564 Thames St

School District:Groton School District

Name	Grades	Distance
Groton Middle School 35 Groton Long Point Road, Groton, CT 06340	6-8	3.5 mi
Fitch Senior High School 101 Groton Long Point Road, Groton, CT 06340	9-12	3.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 564 Thames St

Date

Details

Price

Change

Source

9/10/2024

Sold

$93,000

-36.08%

MLS

8/16/2024

Listed

$145,500

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3
Beds
2
Total Baths
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$97,200

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2
Beds
1
Total Bath
756
Sq. Ft.

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Beds
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Total Bath
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Total Bath
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$90,000

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Closed

3
Beds
2
Total Baths
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Sq. Ft.

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564 Thames Street, Groton, CT 06340 (MLS# 24040291) is a Commercial property that was sold at $93,000 on September 10, 2024. Want to learn more about 564 Thames Street? Do you have questions about finding other Commercial real estate for sale in Groton? You can browse all Groton real estate or contact a Coldwell Banker agent to request more information.

564 Thames St Groton, CT 06340