Active

45 Richards Grove Road

Waterford CT, 06375

$1,500,000


$42.39 per sqft

Active

35,385 sqft

Commercial

Built in 1986

BUSINESS OWNERS AND INVESTORS TAKE NOTICE. Take this incredible WATER-FRONT 4.9 ACRE property in multiple directions. Located in a residential neighborhood, with water-views and access, easy access to route 32, with quick access to Route 12, Route 395, Route 95, and so much more. There are many possibilities for this lot - ONE: Excellent warehouse opportunity as the property stands, with gated entry, fencing, multiple storage buildings, and offices with storefront. TWO: RESIDENTIAL DEVELOPMENT - with local facilities like, Coast Guard Academy, Connecticut College, New London Naval Base, Electric Boat, and Mitchell College, HOUSING OPPORTUNITIES are high-value! This lot support 40-units according to current zoning, with possibility of expansion in the future. THREE: YOU DECIDE based on zoning. This will be an incredible project.

24069581

MLS ID

January 22, 2025

Listed

February 21, 2025

Updated

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Oil, Forced Air

Exterior/Building Features

Lot Size

4.9 Acres


Lot Features

Level


Roof

Asphalt


Sewer

Public Sewer

Other Property Details

Area Name

Quaker Hill


Taxes

$31,850


Tax Frequency

Annually


Days on Market

7


Garage

No


View

No


County

New London


Water Source

Public


Pool

No


Zoning

WD

Listed by Steph Rush with RE/MAX Legends 8604492699

The IDX display contains information sourced from the  Smart MLS, Inc as of 2/21/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/21/2025 at 2:05 PM UTC

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