1002 Ct-12 Groton, CT 06340
- Land
- 2.50 lot acres
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 1002 Ct-12
- Lot size
- 2.50 lot acres
- Property type
- Land
Description
This exceptional 2.5-acre commercial and residential land parcel presents a compelling investment opportunity in Groton, Connecticut. Located at 1002 Route 12, this property boasts 149 feet of prime road frontage on Route 12, enjoying high visibility with an average daily traffic count of 11,300 vehicles. The property is zoned CN Commercial Neighborhood, offering a wide range of permitted uses including office, retail, pet grooming, bed and breakfast, hotel/motel, restaurant, and place of worship, among others. Special permits may allow for multi-unit dwellings, veterinary services, adult day care, and more. The site benefits from readily available public water and sewer services. A fully leased 6,120 square foot building is included, adding significant value to this investment. The property's strategic location near the Sub Base entrance and within a rapidly developing area further enhances its appeal. This is a rare opportunity to acquire a substantial land parcel with existing infrastructure in a high-traffic location with diverse development potential. The asking price is $650,000.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Groton
- County
- New London
- State
- Connecticut
- Longitude
- -72.0794
- Latitude
- 41.3885