Address
468 Main St, Groton, MA
Price
$ 2,100,000
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
Property vs Commercial Average in 01450
Price
Taxes
Visits
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
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