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
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Data last updated 3:34 AM UTC, 5/9/2024