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 Details
Property Features
Listing Office:
Office Name: Coldwell Banker Realty - Concord
Listing Agent: Peggy Dowcett
Lot Features
Lot Information:
Lot: Rolling/Hilly, Wooded, Cleared
Lot Size: 6.00 Acres
Other
Directions Information:
Directions: Main Street is Route 111
Price Information
Listing Price Info
Price Summary:
List Price: $2,100,000
Agent Commission:
Buyer's Agent Commission: 2
Tax Information:
Annual Amount: $3,988
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Groton, MA.
This property is $1.3M more than the Median Sold Price in Groton, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73199926
Listing Office:
Office Name: Coldwell Banker Realty - Concord
Listing Agent: Peggy Dowcett
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 4/29/2024, 12:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 07, 2021
Oct 07, 2021Home Sold
$1,200,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,988
$226,600
2020
$3,938
$226,600
2019
$4,243
$234,300
2018
$4,374
$234,300
2017
$4,278
$234,300
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Florence Roche School
342 Main St
Distance between this listing and this school0.25 miles
Public District Grades KG-4
7
/10
Varnum Brook
10 Hollis St
Distance between this listing and this school3.36 miles
Public District Grades KG-4
6
/10
Page Hilltop School
115 Washington St
Distance between this listing and this school3.70 miles
Public District Grades PK-5
Nearby Schools
8
/10
Groton Dunstable Regional Middle School
346 Main St
Distance between this listing and this school0.38 miles
Public District Grades 5-8
7
/10
Nissitissit Middle School
33 Chase Ave
Distance between this listing and this school3.70 miles
Public District Grades 5-8
8
/10
Blanchard Middle School
14 West St
Distance between this listing and this school5.67 miles
Public District Grades 6-8
Nearby Schools
10
/10
Groton Dunstable Regional
703 Chicopee Row
Distance between this listing and this school3.08 miles
Public District Grades 9-12
5
/10
Ayer Shirley Regional High School
141 Washington St
Distance between this listing and this school3.65 miles
Public District Grades 9-12
4
/10
North Middlesex Regional
19 Main St
Distance between this listing and this school4.45 miles
The neighbors living near this home have an average income of $149,432. Residents of Groton, MA typically earn between $100k-200k each year. The most common type of family is married, with kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 468 Main St
What is the listing price of this property?
The listing price of 468 Main St property is $2,100,000.
What type of property is this?
The property 468 Main St is land located in Groton, Massachusetts, 01450.
Is this property for sale now?
Active Listing: 468 Main St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,988 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 7, 2021 for $1,200,000. (source: MLS/tax record).
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This home is located at 468 Main St in Groton, MA and zip code 01450. This home sits on a 6.00 acre lot. It has been listed on Rocket Homes since February 06, 2024 and is currently priced at $2,100,000.
Groton, MA housing market in March 2024 saw over 4 listings sold above listed price, more than 0 sold at listed price and over 2 sold below. The number of listings in Groton, MA increased by 14.3% between February 2024 and March 2024. The median list price of listings available in March 2024 was $735,000, while the average time on the real estate market was 36 days.
From Rocket Homes Real Estate and based on county public records data.