520 Thames Street is a 9,575 SF, three-story brick office building with an additional 935 SF of dry storage area. Total SF= 10,510. There are 35 off-street parking spaces which is significant for the area, plus adjacent parking lot opportunities nearby. Steel framed, clear span construction for easy floor plan modifications. The property is directly across the street from the Electric Boat Division of General Dynamics. One mile north of Pfizer Pharmaceuticals, and within 2 miles of Interstate 95 and Route 1. This property is located in the General Commercial zone within the City of Groton. Offered for lease as well. Seller financing available to qualified buyers.
Frontage:
Municipal Street
Garage:
Paved, Parking Lot, Off Street Parking
Cooling:
Central Air, Heat Pump
Permitted Use
mixed use, retail, office
Utilities
Electric,Phone Available,Cable Available,Fire Suppression System
Lot Description:
Corner Lot
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Listing courtesy of Kenneth Boyer, Boyer Real Estate, LLC Email: boyerre2016@yahoo.com
520 Thames Street, Groton, (Groton City), CT, 06340
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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