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    117 Main St Groton, MA 01450

    For Sale
    $895,000

    Spacious 6-unit multifamily in Groton's historic downtown district.

    Lot size:
    0.74 Acres

    Property Features for 117 Main St

    General Information

    Lot size
    0.74 Acres

    Building Details

    Year built
    1772

    Source: MRM Associates Agent Cheryl King

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Groton Multifamily Investment Opportunity

    Located in the historic district of downtown Groton, Massachusetts, 117 Main Street is a three-story commercial/residential multifamily property. The building offers 6,341 square feet of living space on a 0.74 acre lot. The 6-unit multi-family home has separate utilities including gas fired boilers, water tanks, and electrical services. This property is located directly across from the Groton Inn and within walking distance of local eateries. This multi-family residence has been in the same family for over 60 years.
    Insight Report Location Intelligence

    Current Use by Public Records

    FLO Charging Station Electric Vehicle Charging Station

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Groton
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.5688425
    Latitude
    42.605969

    Nearby Similar for Sale

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    • $349,000
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      Groton Commercial Space for Sale

      Raw retail, office, or restaurant space in Groton town center.
      134 Main St, Groton, MA 01450
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    • $735,000

      Groton Three-Family Investment Opportunity

      Well-maintained three-unit property in Groton with updated features.
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    FAQs

    What type of property is this?
    Apartment building - Spacious 6-unit multifamily in Groton's historic downtown district.
    Where is this apartment building located?
    The property is located at 117 Main St Groton, MA.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Prime location in the historic district of downtown Groton, directly across from the Groton Inn and walking distance to restaurants.; - Large multi-family property featuring 6 units and 6,341 square feet of living space.; - Generous .74 acre lot.
    (978) 270-0553
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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
    117 Main St Groton, MA 01450
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