705 Elm St Groton, NY 13073-1127

This exceptional investment opportunity in Groton, New York presents two identical buildings totaling 10,592 square feet on a sprawling 5.87-acre lot. Built in 1989, each building offers 5,296 square feet of space, previously used as residential units for individuals with developmental disabilities. The property is currently vacant and presents a unique chance for redevelopment. The expansive lot and existing structures offer significant potential for various uses, including residential conversions, office spaces, or even new construction projects. Located at 705 Elm St, Groton, NY 13073, this property offers a compelling investment opportunity with a list price of $419,000 ($39.56/sq ft and $209,500/unit). The property's size and location in Tompkins County provide a strong foundation for a variety of development scenarios. The tranquil setting, surrounded by greenery, adds to its appeal for both residential and commercial ventures. This is a rare chance to acquire a substantial property with significant upside potential in a desirable location. The property's history as a residential facility provides a solid base for future development plans.