For Sale
$650,000

1002 Ct-12Groton, CT 06340

2.5 Acres, High Visibility, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 2.5-acre commercial and residential land parcel presents a compelling investment opportunity in Groton, Connecticut. Located at 1002 Route 12, this property boasts 149 feet of prime road frontage on Route 12, enjoying high visibility with an average daily traffic count of 11,300 vehicles. The property is zoned CN Commercial Neighborhood, offering a wide range of permitted uses including office, retail, pet grooming, bed and breakfast, hotel/motel, restaurant, and place of worship, among others. Special permits may allow for multi-unit dwellings, veterinary services, adult day care, and more. The site benefits from readily available public water and sewer services. A fully leased 6,120 square foot building is included, adding significant value to this investment. The property's strategic location near the Sub Base entrance and within a rapidly developing area further enhances its appeal. This is a rare opportunity to acquire a substantial land parcel with existing infrastructure in a high-traffic location with diverse development potential. The asking price is $650,000.

Highlights

  • 2.54-acre parcel with frontage on Route 12 and Pleasant Valley Road N.
  • C-Commercial zoning.
  • Public water and sewer available.
  • Fully leased building included; excellent investment opportunity.
  • 11,300 average daily traffic count.
  • 150 feet of frontage on Route 12.

Property Details for 1002 Ct-12

Property type
Land
Lot Size (sq. ft)
108,900 SF

Location Insight

City
Groton
County
New London
State
Connecticut
Latitude
41.38854495
Longitude
-72.07935
1002 Ct-12, Groton, Connecticut

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1002 Ct-12
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