SQUARE FEET35,385
MLS#24152493
STATUSActive
PROPERTY TYPECommercial - Industrial
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.
Property Features
Property Type: Commercial - Industrial
Cooling: Central Air
Fuel Type: Oil
Heating: Hot Air
Lot Size: 4.90 Acres
Roof Type: Asphalt Shingle, Flat
Taxes: $33,363
Year Built: 1986
Amenities
Employee Lounge
Fire Suppression System
Security System
Window Display
Feature Descriptions
Days on Site: 65
Lot: Some Wetlands, Level Lot
Potential Use: Residential Housing, Industrial Space
Present Use: Warehouse, Storage, Garage, Sales, Office
Road Type: U.S. Highway, State Road, Municipal Street
Sewer: Public Sewer Connected
Units: 4
Utility Features: Electric, Cable
Water: Public Water Connected
Listed By / Shown By
Listing By
Agency Name: RE/MAX Legends
Agency Phone: (860) 4518000
Agent Name: Stephanie Rush
Shown By
Agent Name: Brenda Wilson
Agent Phone:
Agency Title: Coldwell Banker Choice Properties
Brenda Wilson
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45 Richards Grove | MLS# 24152493
This commercial property located at 45 Richards Grove , Waterford, CT 06375 is currently listed for sale with an asking price of $1,500,000. Search Waterford real estate on brenda-wilson.coldwellbankerchoice.com today.