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    OFF-MARKET
    Office Spaces

    134 Main St 1A, Groton, MA 01450-1375

    925 SF Built 2012
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US38-2167105
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Brian P. Ganley DMD Family Dentistry Dental Office
    • Body Mind Spirit Salon And Day Spa Hair Salon Nail Salon
    • WellBeing Yoga Gym & Fitness Center
    • Groton Trading Co. Furniture & Home Goods Home Decor Store
    • Kim's Garage Door Installation Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    134 Main 1a LLC · 4 yrs held
    134 Main 1a LLC
    since 2021
    Last sale
    $205,000
    2 recorded transactions
    2021
    $205,000
    2013
    $180,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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