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Professional Office Condo For Sale
For Sale
$157,000

495 Gold Star Hwy 212, Groton, CT 06340

Professional office condo with rental income, convenient location.

Property Size1,568 SF
Price / SF$100.13
Days on Market107

Property Features for 495 Gold Star Hwy 212

General Information

Standard status Active
Size 1,568 SF
Property subtype Commercial

Building Details

Building Size 1,568 SF
Year Built 1989
Stories 3
Listing Agency: Signature Properties of N.E.
Listed By: Norman B. Peck · License #RES.0528743
Source: Elliman
Added: Apr 24 Changed: Aug 8 Last Checked: Aug 8 at 6:55AM

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 Signature Properties of N.E.

Investment Insights

Based on property information with market context.

This professional office condo is located in a professional office park. The handicapped accessible office condo has a total area of 1,568 square feet and is situated on the second floor. The layout includes a private bathroom and kitchen, a conference room, a waiting/reception area, and four private offices. Currently, three of the offices are leased out, generating a rental income of $11,920 per year. The annual condo fee is $6,268. The property offers convenient access to I-95. The walk score is 52, indicating it is somewhat walkable, and the bike score is 38, meaning it is somewhat bikeable.

Key Highlights

  • Income‑generating property: $11,920/year from leased offices.
  • Handicapped accessible office condo with private bath and kitchen.
  • Convenient location: Quick access to I‑95.

Property Analytics

Current Use

Wollschlager James A DDS Dental Office Ameriprise Financial Financial Advisor Orthosynetics Dental Office Dr. Carol J. ... Pediatrician Dante E Gulino ... Dental Office

Suggested Use

Top Pick Hair Salon Law Firm Real Estate Agency Nail Salon Big Box & Wholesale Store Building Supply

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

309
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 units - Professional office condo with rental income, convenient location.
Where is this office units located?
The property is located at 495 Gold Star Hwy 212 Groton, CT.
What is the asking price?
The asking price for this property is $157,000.
What are key features of this property?
This property features: Income‑generating property: $11,920/year from leased offices.; Handicapped accessible office condo with private bath and kitchen.; Convenient location: Quick access to I‑95.
More about this property
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