Mixed-Use Property with Retail
For Sale
$360,000
48 Fort Hill Road, Groton, CT 06340
Two buildings provide a combination of residential and commercial space within an MVC-zoned village center district.
Property Size4,282 SF
Lot Size0.63 Acres
Price / SF$84.07
Days on Market210
Property Features for 48 Fort Hill Road
General Information
Standard status
Active
Size
4,282 SF
Lot size
0.63 Acres
Property subtype
Commercial
Zoning
MVC
Property Condition
Severity
Repairs Needed
Evidence
needs work
Site & Location
Corner Location
Yes
Road Access
Yes
Mixed-Use Components
residential, commercial
Additional Details
Asking Price
$360,000
Building Details
Building Size
4,282 SF
Year Built
1946
Buildings
2
Units
1
Listing Agency:
Compass Connecticut, LLC
(860) 572-9099
Listed By:
Heather Gianacoplos · License #RES.0800582
(860) 908-4705
Source:
Dancombsre
Added: Mar 30
Changed: Oct 24
Last Checked: Oct 23 at 3:22PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property contains two buildings totaling 4,282 square feet on a 0.628-acre parcel. The two-story residence at 48 Fort Hill Road measures 2,684 square feet and requires work; it has oil heat. The one-story commercial building at 50 Fort Hill Road contains 1,598 square feet, was recently renovated, and uses electric heat. The property dates to 1946.
Driveways connect the site to Route 1 and North Road, with frontage on both streets. The MVC zoning allows uses including retail, personal services, offices, medical or health clinics, restaurants, churches, and clubs. Child care, adult day care, veterinary, and nursery or greenhouse uses are allowed with conditions. Town Hall and Groton Community Center are across the street; the Senior Center, library, Big Y, and True Value Hardware are nearby.
Driveways connect the site to Route 1 and North Road, with frontage on both streets. The MVC zoning allows uses including retail, personal services, offices, medical or health clinics, restaurants, churches, and clubs. Child care, adult day care, veterinary, and nursery or greenhouse uses are allowed with conditions. Town Hall and Groton Community Center are across the street; the Senior Center, library, Big Y, and True Value Hardware are nearby.
Key Highlights
- 0.628‑acre parcel with 4,282 square feet across two buildings
- 2,684‑square‑foot, two‑story residence at 48 Fort Hill Road; requires work and has oil heat
- 1,598‑square‑foot, one‑story commercial building at 50 Fort Hill Road; recently renovated, with electric heat
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
Explore this area
Business Placement
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 Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two buildings provide a combination of residential and commercial space within an MVC-zoned village center district.
Where is this mixed-use property located?
The property is located at 48 Fort Hill Road Groton, CT.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 0.628‑acre parcel with 4,282 square feet across two buildings; 2,684‑square‑foot, two‑story residence at 48 Fort Hill Road; requires work and has oil heat; 1,598‑square‑foot, one‑story commercial building at 50 Fort Hill Road; recently renovated, with electric heat
