Property profile & analytics
186 Main St Groton, MA 01450-1238
- Commercial real estate
- 5,227 SF
- 0.80 lot acres
OFF-MARKET
Value Estimations
$1,070,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US38-1486168
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Fantasy Acres Farm / Food Processing Plant
Property Details for 186 Main St
- Year built
- 1865
- Construction
- FRAME
- Lot size
- 0.80 lot acres
- Property size
- 5,227 SF
- Zone code
- RA
- Property type
- Commercial real estate
- APN
- GROT M:113 B:1 L:
- APU
- GROTM113B1L
Description
This stunning, newly renovated 8,527 square foot executive office building is located in Groton, Massachusetts' historic district. The property, comprised of a main building and carriage house, boasts Italianate design with Colonial features, seamlessly blending historical charm with modern amenities. The main building offers ten office spaces, a full kitchen, a finished basement with independent entry, and high ceilings with abundant natural light. Modern systems upgrades include fire suppression, key card access, and a computerized irrigation system powered by a dedicated on-site well. The carriage house provides an additional five offices and a conference room, mirroring the architectural details of the main building. The 0.8-acre lot features attractive landscaping, a patio, and high visibility frontage on Main Street, backing onto the open land of Gibbet Hill. Fifteen parking spaces are available, including EV charging. The building is ADA compliant and offers 2 units. Vacant and ready for occupancy on October 1, 2024. Asking price: $2,900,000. Built in 1857, extensively renovated in 2023. This property is ideal for a discerning family office, legal practice, or financial services group.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,435,000
- 6.5%
- $1,325,000
- 7%
- $1,230,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,350,000 Current use
- RESTAURANT
- $1,520,000 Change: +12% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,470,000 Change: +9% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,450,000 Change: +7% Conversion: Difficult
- RETAIL STORES
- $1,410,000 Change: +4% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,205,000 Change: -11% Conversion: Moderate
- OFFICE BUILDING
- $1,145,000 Change: -15% Conversion: Easy
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Groton
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.5714
- Latitude
- 42.609
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$30,156
$202,900
$1,795,500
$1,998,400
-
$0.00
$0.00
$0.00
