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468 Main St, Groton, MA 01450
$2,100,000
468 Main St, Groton, MA 01450View this property at 468 Main St, Groton, MA 01450
468 Main StGrotonMA01450
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Property 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 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.
Full Property Details
Full Property Details for 468 Main St
General
- Price: $2,100,000
- Taxes: $4,195 (2023)
- Status: Active
- Type: Lots/Land
- MLS ID: 73199926
- Updated: 2/11/2024
- Added to Site: 87 day(s) ago
Location
- Area: Groton
- County: Middlesex
- Driving Directions: Main Street is Route 111
Utilities
- Gas: At Street
- Sewer: Public Sewer, At Street
- Water: Public, At Street
Lot Features
- Lot Size (Acres): 6
- Lot Dimensions: 6
- Frontage: Public
- Street/Road Desc.: Paved
- Lot Features: Rolling Slope, Wooded, Cleared
Financial Considerations
- Tax Amount: $4,195
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2
- Facilitator Compensation: 1
- Sub-Agency Relationship Offered: None
- Compensation Based On: Gross/Full Sale Price
- Documents Avail.: Land Survey, Topographical Map, Aerial Photo
- Disclosures/Rstr.: 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.
- Property ID: M:216 B:99 L:, 4304900
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Schools
Schools serving 468 Main St
School District:Groton-Dunstable
Rating | Name | Grades | Distance |
---|---|---|---|
703 Chicopee Row, Groton, MA 01450 | 9-12 | 3.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 468 Main St
Date
Details
Price
Change
Source
2/06/2024
Listed
$2,100,000
75%
MLS
10/07/2021
Sold
$1,200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 468 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,195
—
$268,200
10%
2022
$4,177
5%
$243,000
7%
2021
$3,988
1%
$226,600
—
2020
$3,938
-7%
$226,600
-3%
2019
$4,243
-3%
$234,300
—
2018
$4,374
2%
$234,300
—
2017
$4,278
3%
$234,300
6%
2016
$4,145
3%
$220,700
—
2015
$4,032
5%
$220,700
—
2014
$3,836
—
$220,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 468 Main St
468 Main St, Groton, MA 01450 (MLS# 73199926) is a Lots/Land property with a lot size of 6 acres. 468 Main St is currently listed for $2,100,000 and was received on February 06, 2024. This property is listed by Peggy Dowcett from our Concord Office.Want to learn more about 468 Main St? Do you have questions about finding other Lots/Land real estate for sale in Groton? You can browse all Groton real estate or contact a Coldwell Banker agent to request more information.