This mixed-use investment property sits on 5.18 acres of land and is located less than a mile from the center of Groton on busy route 119. There are two buildings located at this site and both are serviced by a generous gravel parking area. The first is currently occupied by the "Country Butcher", a long term tenant in place since before the current owners purchased in 2017. The second building is currently occupied by the "Kitchen Sink Candle Company". There are additional spaces within the second building not currently being utilized by the sellers, offering potential additional revenue opportunities. Both the buildings have been connected to town water and town sewer eliminating any Title V concerns. Behind the buildings are several good sized, walkable fields as well as some wetlands. Both buildings will be available to view on Saturday October 12th from 8-10:00AM or by appointment with the listing agent.
Located in the heart of Groton's Historic District, the property has been lovingly restored and renovated by its current owners. The main building and carriage house are of Italianate design with colonial features, and the craftsmanship blends seamlessly with modern amenities to create a unique luxury office environment for the discerning family office, legal practice, or financial services group. The main building offers custom architectural detail, high ceilings, and an abundance of natural light as well as 10 office spaces, a full kitchen, finished basement with independent entry, and modern systems upgrades such as fire suppression, key card access, and computerized irrigation for the landscaping from a dedicated onsite well. The carriage house consists of 5 offices and a conference room. The 0.8 acre site includes tasteful hardscape and patio space, high visibility frontage on Main St, and backs up to the rolling, open land of Gibbet Hill.
The median home value in Groton, MA is $825,000. This is higher than the county median home value of $658,900. The national median home value is $338,100. The average price of homes sold in Groton, MA is $825,000. Approximately 83.99% of Groton homes are owned, compared to 11.92% rented, while 4.08% are vacant. Groton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Groton real estate agent to arrange a tour today!
Groton, Massachusetts has a population of 11,254. Groton is more family-centric than the surrounding county with 46.01% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Groton, Massachusetts is $169,497. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Groton is 41.4 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 14 degrees. The average rainfall is approximately 47.3 inches per year, with 56.5 inches of snow per year.