Groton Town, CT Commercial Real Estate for Lease and Sale

Explore 13 listings of Groton commercial real estate to find the best space for your business.

3 Pearl Street Mystic

3 Pearl Street Mystic, West Mystic, Groton, CT
Property

Mixed Use

11,000 SF
Availability

1 Space

500 SF
For Lease

$2,900.00/MO
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Groton Square

220 Route 12, Conning Towers Nautilus Park, Groton, CT
Property

Retail

196,802 SF
Availability

3 Spaces

6,713 SF
For Lease Contact for pricing
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Ice Cube Building

541 Eastern Point Road, Groton, CT
Property

Office

26,800 SF
Availability

1 Space

480 SF
Year Built

1992
For Lease

$1,000.00/MO
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0.9 Acre Development Site in a Highly Traveled Trade Area

671 Long Hill Road, Long Hill, Groton, CT
Property

Retail
For Sale Contact for pricing
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Kingsbridge Square

475 Bridge Street, Long Hill, Groton, CT
Property

Office

29,404 SF
Availability

1 Space

29,404 SF
Year Built

1987
For Lease Contact for pricing
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3 Pearl Street

3 Pearl Street, West Mystic, Groton, CT
Property

Mixed Use

10,100 SF
For Sale

$8,800,000
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93 Shennecossett Road
BioCT Innovation Commons
93 Shennecossett Road, Groton, CT
Services

Open Workspace

Event Space

Meeting Room

Private Office
Amenities

Complimentary coffee & tea

High-speed wifi

Kitchen

Natural light

On-site café

Parking

Projector

TV/Monitor
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Groton Shoppers Mart

955 Poquonnock Road, Long Hill, Groton, CT
Property

Retail

171,858 SF
Availability

4 Spaces

15,439 SF
For Lease Contact for pricing
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217 Thames Street

217 Thames St, Groton, CT
Property

Retail

13,542 SF
Year Built

1900
For Sale

$1,500,000
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344-350 Mitchell Street

344 Mitchell St, Groton, CT
Property

Retail

5,456 SF
Year Built

1952
For Sale

$699,000
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18 Thames Street

18 Thames St, Groton, CT
Property

Office

11,000 SF
Year Built

1931
For Sale

$595,000
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18 Thames Street

18 Thames Street, Groton, CT
Property

Retail

11,000 SF
Availability

1 Space

11,000 SF
Year Built

1931
For Lease

$20.00/SF/YR
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70B Bridge Street

70B Bridge Street, Groton, CT
Property

Office

5,363 SF
Availability

1 Space

5,363 SF
For Lease

$12.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Groton commercial real estate market incorporates 72,567 square feet of office space across 5 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Groton commercial real estate market includes 398,658 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The listing inventory in Groton incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Groton is represented by Office space, which accounts for 35,247 square feet of available listings. Retail space available in Groton adds up to 35,002 square feet.

Meanwhile, most of the listings of commercial property for sale in Groton are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Groton, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $25 per square foot.

Conversely, the highest sale price last year was $8,900,000 that is located at 115 Poheganut Drive.

The average size of a commercial property in Groton depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Groton, the average size of an office property is 18,142 square feet.
Retail properties here incorporate an average of 79,732 square feet.

Groton Town, CT Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Groton currently add up to 53,460 square feet. The market offers 4 active office listing(s), which amount to 35,247 square feet and account for 57% of commercial spaces on the market. Local retail availability includes 17,713 square feet across 3 retail space(s).

Property Type	Count of Listings	Total SF
Office	4	35,247
Retail	3	17,713
Other	0	500

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Groton Town, CT. Currently, there is 40,098 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 3 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	1	11,000
Retail	3	18,998
Other	1	10,100

Groton Town, CT Commercial Real Estate for Lease and Sale

3 Pearl Street Mystic

Groton Square

Ice Cube Building

0.9 Acre Development Site in a Highly Traveled Trade Area

Kingsbridge Square

3 Pearl Street

93 Shennecossett Road

Groton Shoppers Mart

217 Thames Street

344-350 Mitchell Street

18 Thames Street

18 Thames Street

70B Bridge Street

Frequently Asked Questions

Groton Town, CT Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Groton Town, CT Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Groton, CT?

What factors affect the price of commercial real estate in Groton, CT?

What are the best areas for commercial real estate in Groton, CT?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Groton, CT?

Groton Town, CT Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us