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$1,300,000
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Property Description
Prime commercial investment property located at 572 Thames Street and 28 Poquonnock Road, Groton, CT. This well-maintained parking lot offers ample space for vehicle storage and is strategically positioned in a high-traffic, high-demand area. Perfectly situated near Electric Boat, Pfizer, waterfront attractions, and major transportation routes, this property offers significant potential for steady income generation. With limited parking options in the area, this property is a rare opportunity for those looking to capitalize on the growing demand for parking in Groton. Whether you're interested in maintaining its current use or exploring future redevelopment, this property offers long-term value and flexibility.
Full Property Details
Full Property Details for 572 Thames St
General
- Price: $1,300,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24113542
- Updated: 11/26/2025
- Added to Site: 180 day(s) ago
Location
- County: New London
- Neighborhood: Groton City
- Driving Directions: GPS Friendly
Community
- Community Name: Groton City
Heating & Cooling
- Cooling Type: None
- Heating Type: No Heat
Utilities
- Sewer: None
- Water: None
- Utility Description: None/Unknown
Structural Information
- Roof: Not Applicable
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Parking Lot
- Year Built: 1890
Lot Features
- Lot Size (Acres): 1.275
- Frontage: Municipal Street
- Present Use: Parking Lot
- Zoning: FC
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $205,170
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Brochure
- Property ID: 1949949
Listed by Compass Connecticut, LLC, Heather Gianacoplos
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Schools
Schools serving 572 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 | 3.4 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 572 Thames St
Date
Details
Price
Change
Source
7/22/2025
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 572 Thames St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,931
8%
$205,170
—
2023
$5,517
4%
$205,170
—
2023
$5,293
3%
$205,170
—
2022
$5,119
-13%
$205,170
5%
2021
$5,905
3%
$195,020
—
2020
$5,736
3%
$195,020
—
2019
$5,552
-1%
$195,020
—
2018
$5,607
—
$195,020
—
2017
$5,626
49%
$195,020
40%
2016
$3,778
1%
$139,090
—
2015
$3,730
7%
$139,090
—
2014
$3,471
-1%
$139,090
—
2011
$3,521
—
$139,090
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 572 Thames St
572 Thames Street, Groton, CT 06340 (MLS# 24113542) is a Commercial property. 572 Thames Street is currently listed for $1,300,000 and was received on July 22, 2025. Want to learn more about 572 Thames Street? Do you have questions about finding other Commercial real estate for sale in Groton City? You can browse all Groton City real estate or contact a Coldwell Banker agent to request more information.

