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Restored Office Building with Parking
For Sale
$325,000

4 Fort Hill Road, Groton, CT 06340

Restored office building with central A/C, heat pump, town water/sewer, and 14 off-street parking spaces.

Property Size1,902 SF
Price / SF$116.91
Days on Market37

Property Features for 4 Fort Hill Road

General Information

Standard status Active
Size 1,902 SF
Total Parking Spaces 14
Property subtype Commercial
Zoning MVC

Site & Location

Road Access Yes
Utilities to Site Yes

Building Details

Building Size 1,902 SF
Year Built 1902
Listing Agency: Compass Connecticut, LLC
Listed By: Heather Gianacoplos · License #RES.0800582
Source: Iverty
Added: Jul 20 Changed: Aug 23 Last Checked: Aug 24 at 6:33AM

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 Compass Connecticut, LLC

Investment Insights

Based on property information with market context.

This restored office building includes all office condos, totaling 2,780 SF, and features historic charm. The first floor includes handicap accessibility in the back, and the building is equipped with a heat pump, central A/C, and town water/sewer.

The property is offered in the MVC Zone - Mixed Use Village Center Zone and provides terrific visibility on busy Route 1.

The building includes 14 off-street parking spaces, supporting convenient access for staff and visitors.

Key Highlights

  • Restored office building built in 1902
  • MVC Zone – Mixed Use Village Center Zone with office condos sold together; total 2,780 SF
  • Central A/C and heat pump included; town water/sewer

Property Analytics

Current Use

Mark O. Grater ... Law Firm Attorney Keith Anthony Law Firm Kathleen S. Hocking, ... Counselor Sarah Pereira Foster Care Service Alternative Transportation Solutions, ... Freight Service

Suggested Use

Top Pick Real Estate Agency Building Supply Skin Care Clinic Spa & Massage Center Dental Office Hair Salon

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

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

308
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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Restored office building with central A/C, heat pump, town water/sewer, and 14 off-street parking spaces.
Where is this office building located?
The property is located at 4 Fort Hill Road Groton, CT.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Restored office building built in 1902; MVC Zone – Mixed Use Village Center Zone with office condos sold together; total 2,780 SF; Central A/C and heat pump included; town water/sewer
More about this property
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