The Shore & More!

Noank

Noank is a quintessential New England coastal town with historic homes tucked along tree-lined streets. Stately well-preserved estates and modest fisherman’s family homes all nest comfortably within this scenic seaport town.

Located in the town of Groton, Noank encompasses approximately 2.2 square miles, with a population during the 2010 census of 1,796.

During the late 1800s, Noank was a bustling shipbuilding port, with the former Palmer Shipyard and C.H. Mallory and Company Steamship line making the Noank area one of the largest suppliers of wooden vessels on the Atlantic Coast. Today, Noank village is still home to an active maritime community, with thriving boatyards, marinas, commercial fishing, lobstering, recreational boating, and other small businesses that support the waterfront trades and tourism.

The original settlement of Noank was listed as a historic district on the National Register of Historic Places. Many of Noank’s homes and businesses date back to 1840, and the significance of the historic district is 240 houses have maintained and preserved historical significance of the domestic architecture.

Every Memorial Day, Noank hosts the longest-running continuous Memorial Day Parade in the country… a testament to the community proudly supporting long-honoured traditions.

The median home value in Noank is $404,700. Noank home values have declined -0.0% over the past year and Zillow predicts they will fall -0.4% within the next year. The median price of homes currently listed in Noank is $485,000. Buyers can find entry level properties in the $200,000 - $300,000 price range… as well as lovely estates worth well over $2,000,000.

Noank is home to three large full-service marinas (Noank Shipyard, Spicer’s Marina and Noank Village Boatyard) with over 335 deep-water slips, and 260 moorings for recreational boaters. Smaller boatyards also dot the coast, offering additional services and boat repairs, to make Noank a very boating-friendly community.

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46 Main Street Groton CT 06340

MLS Number 24050592

  • Commercial Lease Commercial For Lease
  • Square Feet 2,090
  • MLS Status Active
  • Year Built 1840

Available for lease, these three bright retail spaces in the heart of the historic, seaside Noank district in Groton, CT, provide endless potential for a variety of businesses. Situated on Main Street, ensuring great exposure for whatever concept you bring! --630 & 611 Square Feet: These spaces are ideal for retail or office use and will accommodate multiple business needs. Can also be used as a live/work space for small business owner. Available for lease at $1,250 per month plus triple net charges --849 Square Feet: Formerly a hair salon, this cozy, ground-floor space is perfect for retail or office use. Available for lease at $2,000 per month plus triple net charges. All spaces are zoned MVC (Marine Village Commercial), offering diverse potential uses, including: --Cafe or coffee shop --Art gallery or creative studio --Boutique retail store --Gym or fitness center --Medical, wellness, or therapy clinics Nestled in the scenic village of Noank, these spaces benefit from high visibility and foot traffic, making them ideal for businesses looking to establish a presence in one of Groton's most picturesque areas.

Listed by Kyle Schrader and Dylan J. Lagrandeur of Seaport Real Estate Services

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Federal 30-year interest rate: 6.67% last updated on Mar 20, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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