468 Main St Groton, MA ^$ 2,100,000

468 Main St

^$ 2,100,000

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468 Main St

Groton, MA, 01450

^$ 2,100,000

Studio Baths0.0

Monthly Estimate*

^$ 13,957

Studio

Commercial Property for sale in Groton, MA

for $2,100,000. The lot size is 6.

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.

Commercial Active

Price

^$ 2,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 680,900

Style

Lot Size

Town/City

Groton

County/Region

Middlesex

MLS | Web ID

73203060

List By

Peggy Dowcett

Listing Agent

Coldwell Banker Realty - Concord

Broker

Affordability Calculator

$70,699

Per Month

Monthly Principal & Interest: $13,957
Monthly Property Taxes: $56,742
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Commerical listings in Groton, MA

Average List Price ^$2,043,317

Percent of Sale Price 3%

About Groton, MA

11,451 Population

19% Since 2002

^$117,018 Median Income

45.68 Median Age

37% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
2/16/2024	$2,100,000		Listed Price

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468 Main St, Groton, MA, 01450 is a Commercial Property for sale at $2,100,000 with a lot size of 6. 468 Main St is a studio with 0.0 baths. The property's zip code is 01450 which is in Groton, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 5/29/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, 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, and the Images, 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 may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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468 Main St

Commercial Property for sale in Groton, MA

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