100 Boston RdGroton, MA 01450

  • Commercial real estate
  • 9.00 AC
For Lease
$20/SF/YR View listing
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Property Details for 100 Boston Rd

Lot size
9.00 AC
Zone code
B1
Property type
Commercial real estate
APN
GROT M:222 B:19 L:
APU
GROTM222B19L

Description

This exceptional three-story medical office building, located at 100 Boston Rd in Groton, MA, offers 13,500 square feet of vacant space, immediately available. The property sits on a 9-acre lot and boasts 70 parking spaces, ensuring ample convenience for patients and staff. Built in 1999 and renovated in 1999, the building features one elevator and is zoned B1. The space is divisible to a minimum of 2,000 square feet, allowing for flexibility to accommodate various medical practices. The building's layout includes multiple suites, ideal for individual practitioners or larger groups. Floor plans show a variety of configurations, including medical and dental suites equipped with offices and exam rooms featuring sinks. The property's strategic location offers excellent visibility and accessibility, situated adjacent to a CVS, U.S. Post Office, and Middlesex Savings Bank. Annual property taxes are $2.54 per square foot. This prime location in Middlesex County, MA (zip code 01450), presents a unique opportunity for medical professionals seeking a well-maintained, conveniently located facility. The entire 13,500 square feet is available for lease, offering a rare chance to establish a significant presence in a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $74,189,304
    Hospitality
    $67,957,000
    Educational
    $56,539,428
    Medical
    $58,483,904
    Retail
    $87,950,224

Location Insight

City
Groton
County
Middlesex
State
Massachusetts
Latitude
42.5958
Longitude
-71.5621
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$59,782
$543,500
$3,418,200
$3,961,700
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FAQs

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