Property profile

134 Main St 1A Groton, MA 01450

OFF-MARKET
Office Spaces
Property ID
US38-2167105
925 SF Built 2012
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 12,000-square-foot commercial property in Groton, Massachusetts, offers a unique opportunity for a variety of businesses. Located at 134 Main St, this two-story building, constructed in 2012 and renovated in 2019, sits on a 3-acre lot with 109 feet of frontage on US Route 1, boasting a high traffic count of 10,150 AADT. The property is zoned commercial (LM) and allows for numerous uses, either by right or special permit. Currently divisible into spaces as small as 3,234 square feet, this adaptable space previously housed an automotive shop, retail, and office space, and even a shooting range. The front area is equipped for automotive service, featuring two lifts and four large overhead doors. The rear offers office space and a large area suitable for retail or storage. The building benefits from a robust 800-amp, 220V, 3-phase electrical system with separate meters for the front and rear sections. Heating is provided by natural gas FHA systems in both areas, supplemented by a Modine heater in a service area. A large pylon sign enhances visibility. This is a NNN lease

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 2012
Total area 925 SF
APN GROT M:113 B:9 L:11
UPID US38-2167105

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Hair Salon Nail Salon
  • Gym & Fitness Center
  • Furniture & Home Goods Home Decor Store
  • Construction Company General Contractor

Location

134 Main St, Unit 1A Groton, MA 01450-1375
Groton metro Census 326102 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$180k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2021
Last sale
$205,000
2 recorded transactions
2021
$205,000
2013
$180,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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