45 Richards Grove Road, Waterford, CT 06375
45 Richards Grove Road, Waterford, CT 06375
45 Richards Grove Road, Waterford, CT 06375
45 Richards Grove Road, Waterford, CT 06375
45 Richards Grove Road, Waterford, CT 06375
45 Richards Grove Road, Waterford, CT 06375
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$ 1,500,000
Est. payment | /mo

35,385 SqFt


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$ 1,500,000
Est. payment | /mo
Save

35,385 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 35,385 sqft

Price per Sqft $42

MLS Listing ID 24152493

Year Built 1986

Annual Tax Amount $33,363

Lot Size 4.900 Acres

Property Description

This 4.9-acre waterfront industrial and redevelopment property offers active rail access and excellent regional connectivity. The site includes direct rail service into the property and warehouse and features four industrial/commercial buildings totaling approximately 51,000 square feet. Improvements include gated entry, perimeter fencing, extensive asphalt paving, warehouse space, offices, and storefront components, allowing for immediate industrial or warehouse use. Located in a residential neighborhood with water views and water access, the property maintains strong access to Route 32, Route 12, I-395, and I-95, supporting logistics, distribution, and commuter access. Zoning allows warehouse and distribution, rail-served industrial operations, marine or boat storage and service, commercial use, or residential redevelopment. Current zoning supports up to 40 residential units, with potential for additional density subject to approvals. Demand is driven by proximity to Electric Boat, Pfizer, the U.S. Coast Guard Academy, Connecticut College, Mitchell College, and the New London Naval Base. The property is may be leased, repositioned, or redeveloped, offering multiple strategies on a rail-served waterfront asset.

Location

State CT

County New London

Zoning WD

Interior

Interior Features Employee Lounge, Fire Suppression System, Security System, Window Display

Heating Hot Air

Cooling Central Air

Exterior

Utilities Available Electric, Cable

Roof Type Asphalt Shingle,Flat

Building

Lot Description Some Wetlands, Level Lot

Sewer Public Sewer Connected

Water Public Water Connected

Listed by Steph Rush • RE/MAX Legends

NEARBY SCHOOLS & PROPERTIES

Mike Byrnes
Mike Byrnes

CEO & Owner

+1(508) 826-5233 | mike@mbcorporation.net

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45 Richards Grove Road