468-478 Main Street, Groton, MA

Land for Sale - $2,200,000 - 6 acres


Agent Info

Nicole Romano
Coldwell Banker Realty

Property Info

CIMLS#1157210
Location
  468-478 Main Street
  Groton MA 01450
UpdatedMarch 27th, 2024
TypeLand
Price$2,200,000
Land6 acres

Property Description

Unique opportunity for investor, owner-use and possible 1031 exchange.

This property boasts over 526 feet of commercially zoned frontage on Rt 111, Main Street in beautiful Groton.

The property includes 4.5 acres zone General Business & 1.5 acres of residential zoned land, totaling 6.0 acres Public water and sewer Positioned opposite a thriving retail & office plaza.

Very high traffic counts. Land is nestled just outside the picturesque ctr of Groton along Rt 111, a key artery for commuters heading to Route 495.

Development options include 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.

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


Financials



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