468 Main Street

Groton, MA 01450

$2,100,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Peggy Dowcett • Coldwell Banker Realty - Concord

Property Details for 468 Main Street

Town
Groton
MLS Area
Groton
Area
MA-Groton-Groton, MA-Groton

Location

Listing Courtesy of Coldwell Banker Realty - Concord, Peggy Dowcett
Add your commute
LISTING UPDATED: 02/16/2024 12:12 PM

Property Details for 468 Main Street

StatusActive
MLS #73199926
Days on Market87
Taxes$4,195 / year
HOA Fees-
Compass Type-
MLS TypeLand
Year Built-
CountyMiddlesex County

Location

Listing Courtesy of Coldwell Banker Realty - Concord, Peggy Dowcett
Add your commute

Building Information for 468 Main Street

Stories-Residences-Year Built-Lot Size6.00 AC / 261,360 SF

Payment Calculator

$11,810 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,461

Property Taxes

$350

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 468 Main Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Waterfront: No
  • Water View: No
Features
Interior Features
  • Bathrooms Total Integer: 0
Exterior Features
  • Lot Description: Rolling Slope, Wooded, Cleared
Utilities
  • Electric: At Street
  • Gas: At Street
  • Sewer: City/Town Sewer, At Street
  • Water: Public, At Street
Property Information
Property Info
  • Documents Available: Land Survey, Topographical Map, Aerial Photo
  • Documents Count: 3
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • 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.
Tax Information
  • Tax ID: M:216 B:99 L:,4304900
  • Assessments: $680,900
  • Book: 78870
  • Tax Year: 2023
  • Zoning: B1
Building / Association Information
Complex & Association Information
  • Adult Community: No
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1.

Property History for 468 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 468 Main Street

Taxable ValueLand$268,200Additions-Total$268,200
Tax Record2023$4,195 ($350 / month)
Home Facts
Total Finished SqFt2,873 SqFtAbove Grade Finished SqFt2,873 SqFtStories1Lot Size204,582 SqFtStyleCommercialYear Built1937ZoningB1CountyMIDDLESEXAPNGROT M:216 B:99 L:Fireplace TypeHas Fireplace

Schools near 468 Main Street

This home is within Groton-Dunstable School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Public - K to 4
Rating
School
Distance
Groton-Dunstable Regional High School
Public9 to 12

Florence Roche School
PublicK to 4

Swallow/Union School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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468 Main Street is for sale in Groton, MA 01450. This property was listed for sale on February 6, 2024 by Coldwell Banker Realty - Concord, it's currently listed at $2,100,000. This listing's school district is Groton-Dunstable School District. Nearby schools include Groton Dunstable Regional Middle School, Groton-Dunstable Regional High School and Florence Roche School. 468 Main Street is a 0-bed, 0-bath, .

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty - Concord, Peggy Dowcett

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.