Smart MLS #24045577

943 North Rd,
Groton, CT 06340
For Sale
$645,000
Commercial
4368 Sqft · 4 Units · OFF
Excellent cash flow with long-term tenants, no deferred maintenance. 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.

Map


Listing

Market Stats
  • List $645,000
  • 200 Days on Market

Real Estate Agent


Details

Building
  • Built 1986
  • 4 Units

Sqft
  • 4368 Total Sqft

Lot / Land
  • 1.72 Acres
  • 900 Neighborhood
  • Some Wetlands
  • STRD

Other
  • 0 Loading Docks

Utilities
  • Hot Air
  • Electric
  • Central Air
  • Public Water
  • Septic

Rental
  • 4 Tenants

Parking
  • 19 Total Spaces
  • 19 Uncovered Spaces

Financials
  • $68,244 Gross Income
  • $50,315 Net Income
  • $17,928 Expenses

Taxes
  • Assessment $282,170
  • Mill Rate 23.08
  • Taxes $7,839
  • Parcel Num 1954918


Mortgage Calculator
  • 30yr Fixed-Rate Loan
  • 6.83% Interest
  • Purchase Price $645,000
  • Down Payment $129,000 (20.00%)

Estimated Payment with
30yr Fixed Rate Mortgage

Monthly
$4,028


Monthly Est. $4,028
Yearly Est. $48,330
30yr Est. $1,449,901
Go to the Mortgage Calculator
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This real estate listing for sale at 943 North Rd is presently used as Office with 4368 total sqft and was built in 1986. It is located in the Groton, Connecticut area with the 06340 zip code. For more info about the property at 943 North Rd, Groton, CT 06340 United States or if you would like to schedule a showing, please contact the listing agent above.

Disclaimer: This data was sourced from Smart MLS and was last updated 2025-03-28 12:02:22. 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 2021 SmartMLS, Inc.