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Mixed-Use Building with Apartment
For Sale
$200,000

1209 , Groton, CT 06340

Commercial building with a second-floor one-bedroom apartment, offered together with a second parcel.

Property Size1,946 SF
Days on Market15

Property Features for 1209

General Information

Standard status Active
Size 1,946 SF
Property subtype Commercial
Lease Term Listing ID: 24208594, Standard Status: Active, MLS Status: Active

Building Details

Building Size 1,946 SF
Year Built 1946
Listing Agency: RE/MAX One
Listed By: Christopher Harrington · License #RES.0818669
Source: Iverty
Added: Sep 21 Changed: Oct 4 Last Checked: Oct 4 at 9:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX One

Investment Insights

Based on property information with market context.

This mixed-use offering includes a commercial building with a one-bedroom apartment on the second floor. The property is being sold in combination with 1203 Poquonnock Road and is not available as a separate sale. The transaction is offered in its present condition, and the stated financing parameters are cash or hard money lending only.

The additional parcel contains two buildings and a small shed. One building includes a studio with a separate loft area, while the other is configured as a duplex with one larger unit and one smaller unit. The combined offering was built in 1946.

Key Highlights

  • Commercial building with a second‑floor one‑bedroom apartment
  • Offered together with 1203 Poquonnock Road; parcels will not be sold separately
  • Second parcel includes two buildings and a small shed

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic Carpet & Flooring Store Building Supply Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

Demographics for 06340, CT

29,788
Population
14,441
Households
2.1
Avg Household Size
35
Median Age
38%
College-Educated
93%
High-School Grad
22.5 sq mi
ZIP Area
1,324
Density / Sq Mi
$77,768
Median Household Income
$45,308
Median Earnings
$1,492
Median Rent
$275,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial building with a second-floor one-bedroom apartment, offered together with a second parcel.
Where is this mixed-use property located?
The property is located at 1209 Groton, CT.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Commercial building with a second‑floor one‑bedroom apartment; Offered together with 1203 Poquonnock Road; parcels will not be sold separately; Second parcel includes two buildings and a small shed
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