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Commercial Real Estate

OPPORTUNITY ZONE! 5 Story brick office building consisting of 81,312 SF. Originally department store in downtown New London. It now consists of retail space on the first floor and numerous offices on the upper floors. It would be an ideal apartment building and the owner has already completed some apartments. The first floor has a magnificent atrium with entrances from State Street and Masonic Street.

$6,500,000 Active

153 State Street New London, Connecticut

0.420 Acres

Two adjacent properties to be sold as a package. 359 Thames Street 12,737 SF commercial building last used as a restaurant and storage facility. Three story mill style building built in 1920 and added to with a 2 story brick building and raised wooden deck that hangs partially over the Thames River. 236 FT of direct waterfront. Parking for approximately 22 cars. Acreage: 0.536 Zoning: WBR (Waterfront Business Residence) 415 Thames Street Formerly 'Garbo Lobster' distribution center and warehouse used for storing, packing and shipping lobsters. Two-story 34,700 SF commercial building with 5 loading docks and 1 drive-in door. - First level has 19,345 SF of storage and distribution space. - Upper level contains 2,850 SF office space with beautiful water views and 12,505 SF warehouse with 14 FT clear ceiling heights and access to dock doors on first level via elevator forklift system. - 220 Volt, 3 phase, 2,000 Amp service. - Roof new in 2018 with 20 year warranty. - 640 FT of direct waterfront. 1 boat dock. - Acreage: 2.09 Zoning: WBR (Waterfront Business Residence) - Parking for approx. 77 cars Was an active lobster pound until January 2019 with 10,000 pound capacity. Live-in-ground and above-ground tanks with an automated seawater pumping system running to & from the Thames River, 504 SF freezer space.

$3,875,000 Active

415 Thames Street Groton, Connecticut

2.090 Acres

Hickory Court consists of two 8,535 SF buildings each with 5 apartments and one home situated on 3.67 acres in close proximity to downtown. Acreage to add up to 21 more units. There is currently 1 unit available. Apartment being fully renovated. Ready to rent February 1, 2024. All units have 3 bedrooms and 2 1/2 baths. Tenants pay electricity, owner pays sewer & water. Close to Backus Hospital, downtown Norwich and I-395. Please see also MLS #170612325.

$2,700,000 Active

229 Boswell Avenue Norwich, Connecticut

3.670 Acres

$2,700,000 Active

229 Boswell Avenue Norwich, Connecticut

3.670 Acres

Opportunity Zone investment property. 34,000 SF, 3 story office building located in the business center of downtown Norwich with views of the Thames River. Building is currently available for use. Former bank space with vault approximately 4,000 SF on first floor. Both finished office space and unfinished space. Elevator from garage to all floors ADA accessible.

$1,400,000 Under Contract

101 Water Street Norwich, Connecticut

0.730 Acres

Prime corner with great exposure just off I-95 in Groton located on high traffic street. This property consists of three commercial buildings: one warehouse with high ceilings and two overhead doors; one two-story office building and one building used for storage on 0.56 acres. Property is fenced in for security. In close proximity to Electric Boat, Pfizer and Avery Point. Easy on/off access from I-95. Great opportunity to redevelop the site or for an end user.

$999,000 Active

36 North Street Groton, Connecticut

1 Baths 0.590 Acres

13 Unit multi-family in heart of downtown New London. 12 Units rented. One unit available, gutted and ready for buildout. 3-Story building approximately 2,308 SF per floor. Full basement: 2,264 SF. Parking behind building and on street. NOI approximately $70,780. 7 CAP. Just steps from restaurants, galleries, waterfront park, ferries and train station in New London's downtown historic district. Please also see MLS #170620559.

$998,900 Under Contract

37 Tilley Street New London, Connecticut

6,575 SqFt 0.140 Acres

$998,900 Under Contract

37 Tilley Street New London, Connecticut

0.140 Acres

This 1873 Victorian Guesthouse known as "The Port New London" includes 9 guest rooms and one furnished apartment. There are two shared bathrooms and one half bathroom for guests. The apartment has its own private bathroom and kitchen. Rooms are rented for a 30 day minimum stay. All guests have use of a fully equipped spacious kitchen, dining room, parlor and sitting room. The back yard has a picnic table and gas grill for guest's to use. Room rates vary during the season from $800 to $2,000 per month. Gross annual income is approximately $120,000, NOI is $74,000 (8 CAP). Booking is done through Airbnb.New London and does not require a license. Located in walking distance to New London waterfront, galleries, parks, restaurants, ferry and train station. All furniture to convey. Please also see MLS #170620574.

$950,000 Active

20 Tilley Street New London, Connecticut

4 Baths 0.140 Acres

Legal boarding house with nine guest rooms and one fully furnished apartment. Currently rented as medium term housing with a 30 day minimum. Access to fully equipped kitchen, dining room, parlor and sitting room. Shared bathrooms are in the hallway. 2-Story building: 6,610 SF with full basement. Room rates vary from $800 to over $2,000 per month in high season. Gross annual income approximately $120,000 and NOI of $74,000. 7 CAP. Just steps from restaurants, galleries, waterfront park, ferries and train station in New London's downtown historic district. Please also see MLS #170620574.

$950,000 Active

20 Tilley Street New London, Connecticut

4,073 SqFt 0.140 Acres

This 11,000 SF building has been gutted and is ready for build-out. See attached site plan with 32 approved parking spaces. Also attached is a 1st and 2nd floor layout of existing space and an office layout plan that shows location of elevator, stairwell and egress. New underground electrical run and ready for 3 phase 400 amp service. All approved by Groton Utilities. Site approval for office/storage/shop. This building also has a possibility of being turned into an apartment building or make your home on top 2 floors and use 1st floor for your office or shop space. Additional half acre for sale for $100,000.

$595,000 Under Contract

18 Thames Street Groton, Connecticut

0.450 Acres

Great investment property! 2 buildings totaling 6 apartments, fully leased. NOI is $39,795. 7 CAP with room to increase NOI. Building 1 has 4 apartments with high ceilings, hardwood floors, natural light, washers & dryers or hook-ups, ceiling fans and some with outdoor decks. Building 2 has 2 apartments, 1 studio, 1 two bedroom and one garage. Property is very well maintained and conveniently located near I-395. Please see also MLS #170611522.

$575,000 Active

227 W Town Street Norwich, Connecticut

0.660 Acres

U.S. Properties Real Estate Services, LLC is a leading commercial real estate brokerage and full-service property management firm headquartered in New London, Connecticut. With an expertise in sales, leasing, management and maintenance of retail, office, investment and multifamily properties, it leases and/or manages over 1 million square feet of commercial, office, and residential multifamily properties throughout the region and beyond.

Our award-winning realtors have represented clients such as Pfizer, Social Security Administration, Internal Revenue, Liberty Mutual, Hartford Healthcare, New London Adult Education, Washington Trust, Staples, Petco, Furniture Row and Olive Garden. Shaw’s Cove Business Park, Columbus Corner, and Mariner Square were developed by the principal of US Properties Realty. The sales staff at US Properties Realty includes a multi-lingual interpreter (Spanish, French, and German).

The management and maintenance staff offer 24/7 services to its managed properties. Founded in 1997, our realtors have marketplace knowledge of the region and are active members in the Eastern Connecticut Association of REALTOR® Commercial Investment Division; The International Council of Shopping Centers; Chamber of Commerce Eastern Connecticut; Southeastern Connecticut Enterprise Region (SECTOR); and Connecticut Economic Resource Center (CERC).

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