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MLS 24152493 For Sale Updated April 8, 2026
45 Richards Grove Road

Waterford, Connecticut 06375

$1,500,000
On market 60 days
45 Richards Grove Road
1 / 39

About This Property

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 Details

Interior

Heat
Hot Air — Oil
Cooling
Central Air
Interior Features
Employee Lounge Fire Suppression System Security System Window Display

Exterior & Lot

Roof
Asphalt Shingle,Flat
Construction
Construction
Lot Description
Some Wetlands Level Lot

Utilities & Systems

Water Source
Public Water Connected
Sewer
Public Sewer Connected

Community & Schools

Elementary
NULL
Middle
NULL
High
NULL
Neighborhood
Quaker Hill

45 Richards Grove Road

Waterford , Connecticut 06375

$1,500,000

On market 60 days

Beds
-
Baths
-
SqFt
35,385
Type
Commercial
County New London
Garage -
Rooms -
Lot Size 4.90 Acres
Property Tax $33,363
Assessed Value $1,428,230
Year Built 1986
Zoning WD

Payment Estimate

30-year fixed. Includes taxes; estimates only.

Estimated Monthly Payment
Open the full mortgage calculator →

Property Map

Map location is based on the property address.

Listing information is deemed reliable but not guaranteed and is sourced from the local MLS feed. Brokerage shown: RMLEG01.

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