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    295 Long Hill Rd Groton, CT 06340

    Sponsored
    For Sale
    $275,000

    Prime Location, 1,526 sq ft, $275,000

    Property size:
    1,526 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This well-maintained, two-story office building presents a fantastic investment opportunity in Groton, CT. Situated on a highly visible section of Long Hill Road, the property boasts 1,526 square feet of usable space, significantly less than the outdated signage suggests. The building features two bathrooms and is heated by oil. Utilities are provided by public water and sewer. The property includes a convenient 14-space parking lot, ideal for employees and clients. The 0.35-acre lot offers substantial road frontage of 120 feet, ensuring excellent visibility and accessibility. The property is served by a well and septic system. The building is zoned CN-Commercial, offering flexibility for a variety of business uses. Priced competitively at $275,000, this property is being sold "AS IS," providing an opportunity for buyers to customize and enhance the space to meet their specific needs. The significant road frontage and ample parking make this a highly desirable commercial property in a prime location. Don't miss this chance to acquire a well-located commercial building in a thriving area.

    Property Features for 295 Long Hill Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,526 SF
    Lot Size
    15,246 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    APS LLC Tax Preparation Service Associates Planning Services Tax Preparation Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Groton
    County
    New London
    State
    Connecticut
    Longitude
    -72.06308
    Latitude
    41.35851

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, 1,526 sq ft, $275,000
    Where is this commercial real estate located?
    The property is located at 295 Long Hill Rd Groton, CT.
    What is the asking price?
    The asking price for this property is $275,000.
    (860) 572-9099
    Request Owner's contact information
    295 Long Hill 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
    295 Long Hill Rd Groton, CT 06340
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