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1002 Route 12

2.54 Acres of Commercial Land Offered at $924,384 CAD in Groton, CT 06340

Property Facts Under Contract

Price $924,384 CAD
Sale Type Investment or Owner User
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • Hospitality
  • Restaurant
  • Storefront, Retail or Residential
Total Lot Size 2.54 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $924,384 CAD
Price Per AC $363,931 CAD
Lot Size 2.54 AC

Description

For Sale 2.54+ acres of land with a fully leased 6,120sf bldg as a great investment. Highly visible on Route 12, close to the Sub Base entrance. Most of the surrounding area between Route 12 and Pleasant Valley North Road is already newly developed with Multi-family. Zone CN Commercial Neighborhood. Public Water/Sewer, heat pump. 149’ Route 12 road frontage. 11,300 ADT counts. For Sale $650,000. PERMITTED USES: Office, Retail, Pet Grooming, B&B, Hotel/Motel, Restaurant, Place of Worship, Personal Services… BY SPECIAL PERMIT: Multi-unit dwelling, Veterinary Services, Adult Day Care, Child Care, Laboratory/Medical, Vehicle washing facility, Vehicle Repair/Service… DIRECTIONS: From I-95, go north on Route 12 about 1.7 miles. On right next to NAPA Auto parts store.

zoning

Zoning Code CN Commercial Neighborhoo
CN Commercial Neighborhoo
  • Listing ID: 27948232

  • Date on Market: 2023-03-10

  • Last Updated:

  • Address: 1002 Route 12, Groton, CT 06340

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