468 Main St, Groton, MA, 01450

468 Main St, Groton, MA, 01450

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.


Status:

Active

Type:

Lot / Acreage

Zoning:

B1

Acreage:

6

Est. Taxes:

$4,195

Assessment

$680,900

Lot Description:

Rolling Slope, Wooded, Cleared

MLS #:

73199926

Buyer Agent Compensation:

2

Facilitator Compensation:

1.

Compensation Based On:

Gross/Full Sale Price

Sub-Agency Relationship Offered:

No


Community Info

School Info

Walk Score

Mass Transit

Yelp


Listing courtesy of Peggy Dowcett, Coldwell Banker Realty - Concord Phone: 978-369-1000