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
a long term tenant in place since before the current owners purchased in 2017. The second building is currently occupied by the \""Kitchen Sink Candle Company\"". There are additional spaces within the second building not currently being utilized by the sellers
offering potential additional revenue opportunities. Both the buildings have been connected to town water and town sewer eliminating any Title V concerns. Behind the buildings are several good sized
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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