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    48+50 Ft Hl Rd Groton, CT 06340

    For Sale
    $360,000

    Commercial For Sale - Groton, CT

    Property size:
    4,282 SF
    Lot size:
    0.63 Acres
    Days on Market:
    463
    Last Refresh:
    Dec 13 at 12:06 pm

    Property Features for 48+50 Ft Hl Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MVC
    APN
    2484671
    Size
    4,282 SF
    Lot size
    0.63 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating), Oil
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1946
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Randall Realtors (860) 887-1122 [email protected]

    Listing agent Heather Gianacoplos (860) 572-9099

    Listing date Sep 7, 2024

    MLS# 24039080 Listing URL

    Copyright © 2025 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Groton Commercial Corner Lot Opportunity

    Located on a 0.63-acre corner lot at a traffic light on Route 1 in Groton, CT, this property features existing driveways from Route 1 and North Road. It has 211 feet of frontage on Route 1 and 125 feet on North Road, with an average daily traffic count of 13,500. The property is zoned MVC (Mixed-use Village Center), which allows for various uses. It includes two buildings: a 2,684 square-foot, two-story house with oil heat that requires renovation, and a recently renovated 1,598 square-foot, one-story commercial building with electric heat. The property is situated across the street from the Town Hall and Groton Community Center, and is close to the Groton Senior Center, Public Library, Big Y, and True Value Hardware, as well as numerous retail and fast-food establishments. Permitted uses include retail (small scale), personal services, office space, pet grooming, clubs, churches, and medical/health offices/clinics, and restaurants. Uses permitted with conditions include child care centers, adult day care, veterinary services, and nurseries & greenhouses.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Groton
    County
    New London
    State
    Connecticut
    Longitude
    -72.0439
    Latitude
    41.3595

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    FAQs

    What type of property is this?
    Mixed-use property - Corner lot with two buildings in mixed-use village center.
    Where is this mixed-use property located?
    The property is located at 48+50 Ft Hl Rd Groton, CT.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: - High-traffic corner lot on Route 1 with existing driveways (13,500 average daily traffic).; - Zoned MVC - Mixed-use Village Center, permitting diverse uses.; - Includes a renovated 1,598 sf commercial building and a 2,684 sf house.
    (860) 572-9099
    Request Owner's contact information
    48+50 Ft Hl Rd Groton, CT 06340
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    Groton, CT 06340
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    48+50 Ft Hl Rd Groton, CT 06340
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