943 North Road, Groton, CT 06340 - Photo 1

1/1

$585,000

Sold
Closed
Commercial

1/1

Property Description

Excellent cash flow with long-term tenants, no deferred maintenance and exceptional cap rate of 8.86%. Located on Route 117 in Groton, less than a mile from I95, Exit 88. 943 North Rd is a 4,368 SF wood-framed office building with 19 off-street parking spaces. Fully leased with four tenants. Close to Electric Boat, Pfizer, Naval Sub Base. Zoning is IM (industrial, mixed-use). The building was renovated inside and out in 2014 with a new roof, HVAC, electric, etc. Private bathrooms for each office tenant.

Full Property Details

Full Property Details for 943 N Rd

General

Sold For: $585,000
Taxes: (July 2025-June 2026)
Status: Closed
Type: Commercial
Source: SMARTMLS
MLS ID: 24045577
Added to Site: 524 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 5
Half Bathrooms: 5
Restrooms: 5

Exterior

Exterior Features: Sidewalk, Gutters, Lighting, Pole Sign

Parking

Uncovered Spaces: 19
Total Spaces: 19
Parking: Paved

Location

County: New London
Driving Directions: I95 to exit 88, north on Route 117 (North Rd) one mile. Property will be on the right.

Heating & Cooling

Cooling Type: Central Air
Heating Type: Hot Air, Electric
Heating Fuel: Electric

Utilities

Sewer: Septic
Water: Public Water Connected
Utility Description: Electric, Telephone, Cable

Structural Information

Roof: Asphalt Shingle
Ceiling Height: 8
Stories/Levels: 3
Stories in Building: 3
Square Feet: 4,368
Sq. Ft. Source: Public Records
Current Bldg. Use: Office
Year Built: 1986

Unit Information

# Tenants: 4

Unit 1

Unit Description: Office
Square Feet: 1400
Total Bathrooms: 2
Partial Bathrooms: 2

Unit 2

Unit Description: Office
Square Feet: 1400
Total Bathrooms: 1
Partial Bathrooms: 1

Unit 3

Unit Description: Office
Square Feet: 700
Total Bathrooms: 1
Partial Bathrooms: 1

Unit 4

Unit Description: Office
Square Feet: 700
Total Bathrooms: 1
Partial Bathrooms: 1

Lot Features

Lot Size (Acres): 1.72
Frontage: State Road
Present Use: Office
Zoning: IM
Lot Description: Some Wetlands

Financial Considerations

Assessment Amount: $282,170
Tax Year: July 2025-June 2026

Disclosures and Reports

Documents Avail.: None
Property ID: 1954918

Listed and Sold by Rodgers Realty Group, LLC, Jonathan Rodgers

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code optional

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Location of interest

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Listing agent

— 943 N Rd —

Jonathan Rodgers

Rodgers Realty Group, LLC

Agent Contact: (860) 536-4829 Office Contact: (860) 536-4829

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 943 N Rd

School District:Groton School District

Name	Grades	Distance
Groton Middle School 35 Groton Long Point Road, Groton, CT 06340	6-8	2.3 mi
Fitch Senior High School 101 Groton Long Point Road, Groton, CT 06340	9-12	2.5 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 943 N Rd

Date

Details

Price

Change

Source

1/05/2026

Sold

$585,000

-1.68%

MLS

8/04/2025

Price Reduced

$595,000

-7.75%

MLS

9/09/2024

Listed

$645,000

—

MLS

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

130 Parkway S, New London, CT 06320 - Photo 1

Just Listed

$599,900

130 Parkway S New London, CT 06320

Single Family
Active
Updated 4 hours ago

3
Beds
3
Total Baths
1,967
Sq. Ft.

Listed by Charene Clark (860) 391-4321

9 3rd Ave, Waterford, CT 06385 - Photo 1

Just Listed

$665,000

9 3rd Ave Waterford, CT 06385

Single Family
Active
Updated 15 hours ago

4
Beds
2
Total Baths
2,394
Sq. Ft.

Listed by KW Legacy Partners

567 Vauxhall Street St, Waterford, CT 06385 - Photo 1

Just Listed

$500

567 Vauxhall Street St Waterford, CT 06385

Commercial Lease
Active

Listed by U.S. Properties Real Estate Services, LLC

669 Colonel Ledyard Hwy, Ledyard, CT 06339 - Photo 1

Just Listed

$199,900

669 Colonel Ledyard Hwy Ledyard, CT 06339

Single Family
Active
Updated 2 days ago

2
Beds
1
Total Bath
1,372
Sq. Ft.

Listed by Compass Connecticut, LLC

461 Bank St, New London, CT 06320 - Photo 1

Price Reduced

-$10,000 (-3.58%)

$269,000

461 Bank St #606 New London, CT 06320

Condo
Active
Updated 4 days ago

1
Bed
1
Total Bath
955
Sq. Ft.

Listed by Berkshire Hathaway NE Prop.

310 Boston Post Rd, Waterford, CT 06385 - Photo 1

Price Reduced

-$4,000 (-1.22%)

$325,000

310 Boston Post Rd #76 Waterford, CT 06385

Townhouse
Active
Updated 4 days ago

2
Beds
2
Total Baths
1,272
Sq. Ft.

Listed by William Pitt Sotheby's Int'l

52B Millstone Rd W, Waterford, CT 06385 - Photo 1

52B Millstone Rd W Waterford, CT 06385

Single Family
Active
Updated 1 day ago

5
Beds
3
Total Baths
1,590
Sq. Ft.

Listed by William Raveis Real Estate

54 Rope Ferry Rd, Waterford, CT 06385 - Photo 1

54 Rope Ferry Rd #C55 Waterford, CT 06385

Townhouse
Active
Updated 15 hours ago

1
Bed
1
Total Bath
1,116
Sq. Ft.

Listed by Asset Real Estate

44 Mill Pond Cir, Groton, CT 06340 - Photo 1

Sold

$577,500

44 Mill Pond Cir Groton, CT 06340

Single Family
Closed

3
Beds
2
Total Baths
1,504
Sq. Ft.

Listed by Switz Real Estate Associates
Sold by William Pitt Sotheby's Int'l

1663 Center Groton Rd, Ledyard, CT 06339 - Photo 1

Sold

$595,000

1663 Center Groton Rd Ledyard, CT 06339

Single Family
Closed

4
Beds
3
Total Baths
2,157
Sq. Ft.

Listed by eXp Realty
Sold by Berkshire Hathaway NE Prop.

8 Waterhouse Ln, Groton, CT 06355 - Photo 1

Sold

$593,000

8 Waterhouse Ln Groton, CT 06355

Single Family
Closed

4
Beds
3
Total Baths
2,064
Sq. Ft.

Listed by Suzanne Szupiany
Sold by William Raveis Real Estate

27 Bolles Ln, Groton, CT 06355 - Photo 1

Sold

$599,000

27 Bolles Ln Groton, CT 06355

Single Family
Closed

3
Beds
3
Total Baths
2,226
Sq. Ft.

Listed by Schilke Realty, LLC
Sold by Seaport Real Estate Services

943 North Road, Groton, CT 06340 (MLS# 24045577) is a Commercial property that was sold at $585,000 on January 05, 2026. Want to learn more about 943 North Road? 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.

943 N Rd Groton, CT 06340