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

July 14, 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 6:08 AM UTC, 7/14/2024

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