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