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.
- Property TypeCommercial
- NeighborhoodN/A
- CountyMiddlesex
- Taxes$680,900
- HOA/Condo/Coop Fees$0
- Days on Site92 Days
- MLS StatusActive
- MLS ID Number73203060
- Home Size Source N/A
- Year BuiltN/A
- Lot Size6 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 10
- Acreage 6
- Zoning Com, Res
- Buyer Agent Compensation 2
- Facilitator Compensation 1.
Exterior Features
- Waterfront Property No
Community Features
- Senior Community No
- MLS Area Groton
- Adult Care Community No