CCertihomes
1-3 Forge Village Rd, Groton, MA 01450

$3,200,000

0 beds 14 baths 13,949 sqft Built 2004Active

About this home

Portfolio Sale. Two Office/ Retail Commercial Buildings on 1.7 acres at the busy lighted intersection of Route 226 & Route 119. Opportunity to acquire solid investment properties with upside, or you may choose to redevelop this high-traffic (15, 547+ vehicles per day) site. 9 spaces total in the two buildings, 6 offices in the front building and 3 retail spaces or offices in the back building. Both buildings are connected to town water and sewer and are fully ADA-compliant. Ideally situated for retail, food services, medical, dental, and other professional uses. The large parking lot accommodates 80 vehicles. Both buildings are serviced by oil heat, full AC, and elevator service to the second floor. B-1 General Commercial zoning is flexible and allows many uses by right, special permit, or Planning Board approval. All information was provided by the owner and public records, potential buyers are encouraged to perform due diligence in all aspects of their contemplated acquisition.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$21,570/mo

Real estate (PITI + HOA + PMI)
$22,148
Principal + interest$14,513
Property tax + insurance$6,435
PMI / 2nd mortgage$1,200
Utilities
$868
Heating + cooling$286
Internet + TV + phone$130
Water + sewer + garbage$58
Transportation
$98
Car insurance + maintenance$98
Other (entertainment)
$130
$21,570/mo TLC
Budget$22,070/mo
Remaining after TLC$500/mo
Purchase price
$3,200,000
Down payment
$160,000 (5%)
Loan amount
$3,040,000
APR
4%

Quick facts

Type
COM
Style
Year built
2004
Lot size
1.7 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$35,963
MLS #
73139173
County
Middlesex

Home features

Roof
Asphalt/Composition Shingles

Neighborhood — 01450

MetricThis ZIPCountyUSA
Population13,9696,444,931299,088,112
Population Change Since199027.00%7.00%20.00%
Population Density415786
Male6,9783,127,134147,432,321
Female6,9913,317,797151,655,844
Never Married2,0521,612,88563,775,926
Married6,8782,586,314123,120,365
Separated221247,85712,639,686
Widowed434363,59415,467,586
Divorced825436,88823,075,029
Number Of House Hold4,9222,431,591111,826,380
Average House Hold Size2.822.562.60
Medial Age36.9437.2535.46
Median House Hold Income$86,813$57,698$48,276
Average House Hold Income$97,980$75,023$63,629
P C I$35,178$29,196$24,529
M D I$68,829$48,105$41,133
A T H E$70,039$57,083$50,898
S T R5.00%5.00%
W C J84.39%81.38%77.74%
(Zip) Code
1450

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 7/21/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.