Property Attributes
- MLS#73203060
- TypeCommercial
- CountyMIDDLESEX
- CityGroton
- AreaGroton
- Zip01450
- Style
- Taxes$ 680900
- Price$ 2,100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size6 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Offering a unique opportunity for investor or owner-use or possible 1031 exchange. This property boasts over 526 feet of commercially zoned frontage on Rt 111, Main Street in beautiful Groton w/very high traffic counts. The property includes 4.5 acres zone General Business & 1.5 acres of residential zoned land, totaling 6.0 acres. Positioned opposite a thriving retail & office plaza, the land is nestled just outside the picturesque ctr of Groton along Rt 111, a key artery for commuters heading to Route 495. The potential for development includes a multitude of business uses by right or by Special Permit. Allowed uses include: retail, restaurant, take out, auto repair, car wash, craft manufacturing, commercial recreation, R&D warehouse, hotel, veterinary, medical, theater, limited multi-family, contractor’s yard, and more. Existing home on property is in use & past restaurant building is to be razed. This is an outstanding commercial property w/public water & sewer rarely available.
Price History | |
---|---|
2/16/2024 | Listed $2,100,000 |
General Features
Zoning | Com,Res |
---|---|
Tax Year | 2023 |
County | Middlesex |
Property Type | Commercial Sale |
HOA / Comm Assn | No |
Status | Active |
Directions | Main Street is Route 111 |
City | Groton |
Disclosures | Existing 2 Family on property,exist Restaurant to be razed. Parcels consist of M:216,B99,M216 L98,M216 L101. 468 - 478 Main Street,Groton. |
Senior Community Y/N | No |
Zoning Description | Other (See Remarks) |
MLS Area | Groton |
Lot Size Square Feet | 261360 |
Waterfront Y/N | No |
Street Name | Main St |
Tax Annual Amount | 680900 |
Home Warranty Y/N | No |
Building Area Units | Square Feet |
Standard Status | Active |
Exterior Features
Total Parking | 10 |
---|---|
Lot Size Area | 6 |
Lot Size Acres | 6 |
Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool