Active
468 Main St
Groton MA, 01450
$2,100,000
$8.03 per sqft
Active
6 Acres
Land
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.
73199926
MLSⓇ ID
February 6, 2024
Listed
May 9, 2024
Updated
Map
468 Main St
Groton MA, 01450
Exterior/Building Features
Lot Size
6 Acres
Lot Features
Rolling Slope, Wooded, Cleared
Sewer
Public Sewer, At Street
Other Property Details
Area Name
Groton
Taxes
$4,195
Tax Frequency
Annually
Days on Market
10
Garage
No
View
No
County
Middlesex
Water Source
Public, At Street
Pool
No
Zoning
B1
Buyer Agency Compensation
2%
Courtesy of Peggy Dowcett, Coldwell Banker Realty - Concord
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.
©2024 MLS Property Information Network, Inc. All rights reserved.
Data last updated 3:34 AM UTC, 5/9/2024
