468 Main St

Groton, MA 01450 View Map $2,100,000 Schedule a Tour
Acres6
ERA Key Realty

ERA Key Realty

(508) 372-6600

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Status: Active
Property Type:Commercial Sale
MLS #:73203060
On Site:68 Days
Lot Size:6 Acres
County:Middlesex
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.

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$000 Monthly Payment
Loan and interest only.

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Community Information

Address:468 Main St, Groton, MA 01450
Area:Groton
County:Middlesex
City:Groton
Zip Code:01450

Property Features

Lot Size: 6 Acres
Zoning:Com, Res
Directions:Main Street is Route 111

Tax and Financial Info

Tax Year: 2023
Tax Annual Amount: $680,900
Buyer Agency Compensation: 2
Transaction Broker Compensation: 1.
Buyer Agent Compensation: 2
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.

Listing Agent/Office

Listing provided courtesy of Peggy Dowcett, Coldwell Banker Realty - Concord.

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468 Main St Groton,  MA 01450
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468 Main St Groton, MA 01450
 
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Listing Information Last Updated 4/23/2024