420 Long Hill Rd - Medical FOR SALE


Groton, CT 06340
$449,000 USD
860-818-2150
420 Long Hill Rd, Groton, CT for Sale
$449,000 USD
Medical - FOR SALE
1/40
null | Request Cap Rate

420 Long Hill Rd
Groton, CT 06340


HIGHLIGHTS

  • High Visibility
  • High Car Traffic Area

OVERVIEW

GREAT LOCATION & HANDYMAN SPECIAL: Calling All Business Owners And Investors! If You’re Looking To Expand Your Business Or Invest In A Desirable & Convenient Groton Business District, Now Is Your Chance! This Property Features A Spacious 3,972 SF 2 Levels Building Set On .77 Acre With 195' Street Frontage On A High-Traffic Visibility Street. Zoned CN-Commercial, It Benefits From Approximately 20,000 Daily Car Counts, A 30-Car Parking Lot, Public Transportation, I-95 & Gold Star Hwy (Rt-184). Previously Utilized As Four Medical Office Units With Five Restrooms And Offers Fantastic Potential For Mixed-Use. Ideal For Premium Office Space, Medical Practices, Law Or CPA Firms, Real Estate Or Insurance Agencies, Corporate Offices, Restaurants, Or Retail Storefronts — All With High Visibility For Your Business Signage. This Property Will Have Your Business Noticed & Booming Along With Other High Rent Commercial Tenants. This Property Is Surrounded By Well-Known Businesses Such As Walmart, Walgreens, Starbucks, McDonald's, Wendy's, Burger King, Big Y, Dollar Tree, Self-Storage, Apartment Buildings, Planet Fitness, Attractions Like Mystic Seaport, Downtown Lined With Boutique Shopping, Walking Distance To Countless Options Of Eateries, Nightlife, Casinos, Walking Trails, Parks, Beaches, Boating, And More. Nearby Employers Include Pfizer, Electric Boat & Sub Base. The Area Is A Goldmine Experiencing Continuous Growth And Retail Development, Ensuring Your Investment Will Appreciate Over Time. While Renovations Are Needed, This Commercial Property Provides A Solid Foundation For Your Vision. Don’t Miss Out On This Rare Once In A Lifetime Opportunity — Bring Your Toolbox And Creativity To Transform This Gem Into A Thriving Business Location! Sold As-Is.

FOR SALE DETAILS

PRICE

$449,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Health Club

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

OMF

APN/PARCEL ID

GROT-001689-002091-002173

ASK ABOUT THIS PROPERTY

Michael TruongeXp CommercialMore Info
860-818-2150

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Michael TruongeXp CommercialMore Info
860-818-2150

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.