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Coldwell Banker Realty
943 North Rd, Groton, CT 06340
- $585,000
- 5
- BA
- 4,368
- SqFt
- Sold Price
- $585,000
- List Price
- $595,000
- Status
- CLOSED
- MLS#
- 24045577
- Closing Date
- Jan 05, 2026
- Year Built
- 1986
- Bathrooms
- 5
- Acres
- 1.72
- Living Area
- 4,368
- Neighborhood
- N/A
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.
Additional Information
- Taxes
- $8,327
- Lot Size
- 74,923
- Heating
- Hot Air
- Cooling System Type
- Central Air
- Sewer
- Septic Tank
- Water Source
- Public
- Exterior Features
- Sidewalk, Lighting
- Parking Spaces
- 19
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Listing courtesy of Jonathan Rodgers from Rodgers Realty Group, LLC. (860) 536-4829 (860) 536-4829
Selling Office: Rodgers Realty Group, LLC.The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc.