468 Main Street, GrotonGroton, MA 01450MLS Number 73199926

  • Price: $2,100,000
  • Est. Mortgage of $/month
  • 108 Days on Market
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Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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468 Main Street Groton MA 01450468 Main Street Groton MA 01450468 Main Street Groton MA 01450
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  • 6Acreage
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.
Listed by Peggy Dowcett of Coldwell Banker Realty - Concord

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More Info

Basic Information

  • Lot Features Rolling Slope, Wooded, Cleared
  • Mls StatusActive
  • Parcel Number M:216 B:99 L:,4304900
  • Road Frontage DescriptionPaved

Property

  • Acreage6

Property Information

  • Lot Size Square Feet 261,360
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road

Other

  • Buyer Agency Compensation2
  • Date Listed02/06/2024
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1
  • View Count14

Tax Information

  • Tax Assessed Value $680,900
  • Tax Year 2023
  • Taxes$4,195

Location

  • Address468 Main Street
  • Building Number468
  • CountyMiddlesex
  • NeighborhoodGroton
  • StateMA
  • StreetMain Street
  • SubdivisionGroton
  • TownGroton
  • Zip01450

Basic Information

  • List Price$2,100,000
  • MLS Number73199926
  • Modification Date02/16/2024

Building

  • Building Area Units Square Feet

Utilities

  • Electric At Street
  • Gas At Street
  • Sewer Public Sewer, At Street
  • Water Source Public, At Street

Your Local Office

Foster-Healey Real Estate, Inc. (Leominster Office)

Foster-Healey Real Estate, Inc. (Leominster Office)

50 Central Street,
Leominster, MA 01453

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