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Retail Space at Corner Location
For Lease
$16 SF/Yr

3 Forge Village Rd, Groton, MA 01450

Highly visible retail space with potential for various business uses.

Space SizeContact for details
Property Size6,418 SF
Lot Size1.70 Acres
Days on Market266

Property Features for 3 Forge Village Rd

General Information

Standard status Active
Size 6,418 SF
Lot size 1.70 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $40,588

Building Details

Building Size 6,418 SF
Year Built 2004
Listing Agency: Castlearch Property Advisors
Listed By: Sabrina Magno · License #SL9508754
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 17 Last Checked: Aug 20 at 9:35AM

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 Castlearch Property Advisors

Investment Insights

Based on property information with market context.

Retail and mixed-use space is available at a corner location at the intersection of Routes 119 and 225, providing visibility and access to I-495. The property includes two first-floor units that share a common lobby. The left-side unit, previously a Dunkin Donuts, spans 1,694 square feet and includes private bathrooms. The right-side unit offers 1,321 square feet of open layout space, also with a private bathroom. These spaces are suitable for food service or catering, dry cleaning, nail salons, or fitness and martial arts studios.

Key Highlights

  • Highly visible corner location at the intersection of Routes 119 and 225.
  • Convenient access to I‑495.
  • Two distinct first‑floor units with a shared common lobby.

Property Analytics

Current Use

Cardtronics ATM Atm Signature Fitness Gym & Fitness Center Che Bella Hair ... Hair Salon Moores Bathroom Remodeling ... Renovation Specialist

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store HVAC Service Electrical Service Restaurant

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

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

69
Businesses Nearby
34k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 81% Shops & Services 19% Dining 1%
Shaw's Supermarket Groceries
27,370 visits/mo 0.2 miles
Dollar Tree Shops & Services
6,265 visits/mo 0.2 miles
Dunkin' Donuts Dining
228 visits/mo 0.0 miles

Demographics for 01450, MA

11,298
Population
3,773
Households
3
Avg Household Size
43
Median Age
66%
College-Educated
96%
High-School Grad
32.8 sq mi
ZIP Area
344
Density / Sq Mi
$189,355
Median Household Income
$78,750
Median Earnings
$1,521
Median Rent
$673,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Highly visible retail space with potential for various business uses.
Where is this retail space located?
The property is located at 3 Forge Village Rd Groton, MA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Highly visible corner location at the intersection of Routes 119 and 225.; Convenient access to I‑495.; Two distinct first‑floor units with a shared common lobby.
More about this property
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