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Land for sale in Paper Mill Village

USD 2,200,000

Land (For sale)

261,360 sqft
Reference: EDEN-T96680374 / 96680374
Unique opportunity for investor, owner-use and possible 1031 exchange.
This property boasts over 526 feet of commercially zoned frontage on Rt 111, Main Street in beautiful Groton.
The property includes 4.5 acres zone General Business & 1.5 acres of residential zoned land, totaling 6.0 acres Public water and sewer Positioned opposite a thriving retail & office plaza.
Very high traffic counts. Land is nestled just outside the picturesque ctr of Groton along Rt 111, a key artery for commuters heading to Route 495.
Development options include 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.
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
View more View less Unique opportunity for investor, owner-use and possible 1031 exchange.
This property boasts over 526 feet of commercially zoned frontage on Rt 111, Main Street in beautiful Groton.
The property includes 4.5 acres zone General Business & 1.5 acres of residential zoned land, totaling 6.0 acres Public water and sewer Positioned opposite a thriving retail & office plaza.
Very high traffic counts. Land is nestled just outside the picturesque ctr of Groton along Rt 111, a key artery for commuters heading to Route 495.
Development options include 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.
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
Reference: EDEN-T96680374
Country: US
City: Groton
Postal code: 01450
Category: Residential
Listing type: For sale
Property type: Land
Property size: 261,360 sqft

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