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Corner Lot Retail and Office Buildings

48 Fort Hill Rd Groton, CT 06340

48 Fort Hill Rd, Groton, CT, 06340
$128,460,000/Mo
For Lease
Claim this Listing
$360,000 SF/Yr $128,460,000/Mo (calc)

Two-building corner site with dual access and mixed-use zoning, supporting retail, office, and select personal services.

Property Size4,282 SF
AddedMar 30
Days on Market109
Last RefreshJul 15 at 6:04 pm

Property Features for 48 Fort Hill Rd

General Information

Standard status
Active
Size
4,282 SF

Listing office Compass Connecticut, LLC

Listing date Mar 30, 2026

Source Exprealty

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 offering combines two structures on a corner lot with driveways from Route 1 and North Road. Building #48 is a 2,684 SF, two-story house that needs work and uses oil heat. Building #50 is a 1,598 SF, one-story commercial building that has been recently renovated and is heated with electricity.

The parcel has road frontage of 211 feet on Route 1 and 125 feet on North Road, and sits at a traffic-light intersection with an average daily traffic count of 13,500. Zoned MVC – Mixed-use Village Center, the property is located across the street from the Town Hall and the Groton Community Center, with additional nearby uses including the Groton Senior Center, public library, Big Y, and True Value Hardware.

The MVC zoning supports a range of commercial uses, including retail, small scale activities, personal services, office, pet grooming, clubs, churches, medical/health office/clinic, and restaurant. Certain uses are permitted with conditions, including child care center, adult day care, veterinary, nurseries/greenhouses. The combination of a renovated commercial building and a second, flexible structure makes the site workable for operators seeking both ready space and additional redevelopment options, subject to applicable approvals.

Key Highlights

  • 0.628‑acre corner lot at the traffic light on Route 1 with dual access from Route 1 and North Rd
  • Road frontage: 211' on Route 1 and 125' on North Rd; 13,500 average daily traffic count
  • Two buildings on‑site: #48 2,684 SF 2‑story house needing work (oil heat)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Building Supply Skin Care Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Spa & Massage Center

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

FAQs

What type of property is this?
Commercial land - Two-building corner site with dual access and mixed-use zoning, supporting retail, office, and select personal services.
Where is this commercial land located?
The property is located at 48 Fort Hill Rd Groton, CT.
What is the lease rate?
The lease rate is $360,000.
What are key features of this property?
This property features: 0.628‑acre corner lot at the traffic light on Route 1 with dual access from Route 1 and North Rd; Road frontage: 211' on Route 1 and 125' on North Rd; 13,500 average daily traffic count; Two buildings on‑site: #48 2,684 SF 2‑story house needing work (oil heat)
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