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    495 Gold Star Hwy Groton, CT 06340

    Sponsored
    For Sale
    $104,900

    Prime Groton location, 5 rooms, new HVAC.

    Property size:
    1,320 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 1,320 square foot commercial office space is ideally situated in Groton, Connecticut, at 495 Gold Star Highway, Unit 300. Located on the third floor, this property offers a highly functional layout perfect for a variety of professional uses. The space boasts five separate private rooms, including two offices and three lab/exam rooms, each equipped with wash basins. A spacious waiting area greets clients, complete with a receptionist station and a private back room, adaptable for additional office space or secure file storage. A convenient kitchenette is also included. The property benefits from ample parking. Significant upgrades have recently been completed, including the installation of a brand new heat pump with air handler at the end of 2023, ensuring efficient and comfortable climate control. Monthly fees are $342.40, which currently include a special assessment of $112 until May 2025 for exterior building improvements. This assessment covers upgrades to the building's exterior. This move-in ready space presents a fantastic opportunity for businesses seeking a well-appointed and conveniently located office in Groton.

    Property Features for 495 Gold Star Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,320 SF

    Building Details

    Year Built
    1989
    Property Profile Location Intelligence

    Current Use by Public Records

    Wollschlager James A DDS Dentist Ameriprise Financial Financial Planner Orthosynetics Dental Implants Periodontist Dr. Carol J. ... Pediatrician Dante E Gulino ... Oral Surgeon

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Groton
    County
    New London
    State
    Connecticut
    Longitude
    -72.05135
    Latitude
    41.37122

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Groton location, 5 rooms, new HVAC.
    Where is this commercial real estate located?
    The property is located at 495 Gold Star Hwy Groton, CT.
    What is the asking price?
    The asking price for this property is $104,900.
    (860) 886-1224
    Request Owner's contact information
    495 Gold Star Hwy 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
    495 Gold Star Hwy Groton, CT 06340
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