2 months on rocket

468 Main St, Groton, MA, 01450

$2,100,000

6.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #73199926
Lot Size6.00 Acres
StatusActive

About 468 Main St

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.

Med. Sold Price

$735K

Med. Price/SqFt

$307

Avg. Days On Market

36

# of Sold Homes

6

468 Main St vs Groton

82 DAYS ON ROCKET

+46 Days

$2,100,000

+$1.3M More

KEY TAKEAWAY

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

IDX 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.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

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

Oct 07, 2021Home Sold
$1,200,000

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

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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.

Nearby Schools

school-card-donut-2772262
7
/10
  • Florence Roche School

  • 342 Main St

  • 0.25 miles

  • Public District Grades KG-4

school-card-donut-2772263
7
/10
  • Varnum Brook

  • 10 Hollis St

  • 3.36 miles

  • Public District Grades KG-4

school-card-donut-2772264
6
/10
  • Page Hilltop School

  • 115 Washington St

  • 3.70 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

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).

How much acreage is this property?

The property 468 Main St is 6.00 acres.
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Rocket HomesMassachusettsMiddlesex CountyGroton01450468 Main St

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.

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