For Sale
$915,000

66 Boston RdGroton, MA 01450

Two-building property, 5 acres, high traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional mixed-use investment property, located at 66-68 Boston Road in Groton, Massachusetts (zip code 01450), presents a compelling opportunity. Situated on a sizable 5.18-acre lot, this property boasts two buildings, both conveniently located on busy Route 119, less than a mile from Groton's town center. The property features ample gravel parking for both buildings. One building houses a long-term tenant, in place since before the current ownership (acquired in 2017), providing immediate and stable income. The second building also has a rental tenant in place. Importantly, the second building includes additional, currently unutilized space, offering significant potential for increased revenue generation. Both buildings are connected to town water and sewer, eliminating any Title V concerns. The property also includes several sizable, accessible fields behind the buildings, along with some wetlands. This property is offered at an asking price of $915,000 and is a Triple Net (NNN) lease. Showings are available by appointment.

Highlights

  • Exceptional mixed-use investment property in Groton, MA (01450), on a 5.18-acre lot.
  • Two buildings on busy Route 119, less than a mile from town center, with ample gravel parking.
  • One building features a long-term, stable tenant (in place since before 2017).
  • Second building also has a tenant, plus additional unutilized space for revenue growth.
  • Connected to town water and sewer.
  • Includes sizable fields and wetlands.

Property Details for 66 Boston Rd

Property type
Retail properties, Mixed-use properties
Buildings
2
Lot Size (sq. ft)
225,641 SF

Location Insight

City
Groton
County
Middlesex
State
Massachusetts
Latitude
42.5973583
Longitude
-71.5630927
66 Boston Rd, Groton, Massachusetts

FAQs

What type of property is this?
Retail property - Two-building property, 5 acres, high traffic area.
Where is the retail property located?
The property is located at 66 Boston Rd Groton, MA.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: Exceptional mixed-use investment property in Groton, MA (01450), on a 5.18-acre lot.; Two buildings on busy Route 119, less than a mile from town center, with ample gravel parking.; One building features a long-term, stable tenant (in place since before 2017).
How can I contact the broker?
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66 Boston Rd
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