295 Long Hl Rd Groton, CT 06340-3716
This well-maintained, two-story office building presents a fantastic investment opportunity in Groton, CT. Situated on a highly visible section of Long Hill Road, the property boasts 1,526 square feet of usable space, significantly less than the outdated signage suggests. The building features two bathrooms and is heated by oil. Utilities are provided by public water and sewer. The property includes a convenient 14-space parking lot, ideal for employees and clients. The 0.35-acre lot offers substantial road frontage of 120 feet, ensuring excellent visibility and accessibility. The property is served by a well and septic system. The building is zoned CN-Commercial, offering flexibility for a variety of business uses. Priced competitively at $275,000, this property is being sold "AS IS," providing an opportunity for buyers to customize and enhance the space to meet their specific needs. The significant road frontage and ample parking make this a highly desirable commercial property in a prime location. Don't miss this chance to acquire a well-located commercial building in a thriving area.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CN · Groton, CTGroton. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.