13 Fort Hill Rd - Storefront Retail/Residential FOR SALE


Groton, CT 06340
$1,800,000 USD
203-948-0428
13 Fort Hill Rd, Groton, CT for Sale
$1,800,000 USD
Storefront Retail/Residential - FOR SALE
1/60
null | Request Cap Rate

NEW


13 Fort Hill Rd
Groton, CT 06340


OVERVIEW

Unique specialty building with character and flexible layout. High visibility and strong traffic counts. Ample parking and large 3 bay access. Surrounded by growth and redevelopment. The CA-12 zoning allows for some residential uses, alongside a variety of commercial and mixed uses. This means that while the primary focus is commercial, limited residential development such as single-family or two-family homes is permitted under this zoning classification. Perfect for adaptive reuse-brewery, restaurant, auto use, fitness center, or creative commercial concepts. The building has been overhauled within the past 5 years to include roof, utilities, creative lighting, generator, irrigation and 2- 1/2 bathrooms on main floor and 1 full bath on second floor plus 1 bathroom roughed in on basement level and second floor. Unique features are 2 sets of folding glass doors that open up from the bar room to the patio, a walk-in cooler set up for a keg beer system, wood trim and handrails. Please take the walk-through tour to appreciate the scope of beauty taken in this buildings design. Mixed-Use Village Center (MVC). The Planning and Zoning Commission recognizes that areas exist within the City of Groton which present unique opportunities for development and re-development in an urban setting in order to develop a "sense of place", provide population densities which will promote a pedestrian friendly environment, create a walkable environment to major regional employers and enhance the economic diversity of the City of Groton. MVC ZONING PERMITTED USES: Brewery, Restaurant, Retail, School, Church, Office, Research, Boat Dealer, Auto/Truck dealer, 1-2 Family home, Club/Lodge, Public. Mixed Use Zoning recognizes that areas exist within the Groton which present unique opportunities for development and redevelopment in an urban setting in order to develop a "sense of place", provide population densities which will promote a pedestrian friendly environment, create a walkable environment to major shopping and dining.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$314 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

R&D, undefined

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1944

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

MVC

APN/PARCEL ID

GROT-001698-000757-008627-E000000

ASK ABOUT THIS PROPERTY

William PiccirilloTHE PICCIRILLO TEAMMore Info
203-948-0428

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William PiccirilloTHE PICCIRILLO TEAMMore Info
203-948-0428

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.