311 Mitchell Street Groton, CT ^$ 339,900

311 Mitchell Street

^$ 339,900

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311 Mitchell Street

Groton, CT, 06340

^$ 339,900

Studio Baths0.0 Sq 1,148

Monthly Estimate*

^$ 2,259

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Studio

Commercial Property for sale in Groton, CT

for $339,900. This 1,148 square foot building was built in 1958 on a lot size of 0.3.

Within walking distance to Electric Boat and all the businesses around that area. Currently has a NNN tenant in place that would like to stay with new ownership.2900 to 3100 traffic count for great exposure for your business or keep the current tenant and just collect each month. Check with Town to find out about expanding parking. 286 feet of road frontage with a building that currently is used for an office and to wash cars.

Commercial Active

Price

^$ 339,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial For Sale

Lot Size

0.3

Year Built

1958

Town/City

Groton

MLS | Web ID

170618104

Features

General

Exterior Features None

Zoning FC

Exclusions Business does not convey

Full Baths 0

Half Baths 0

Year Built 1958

Neighborhood N/A

Heater Type Hot Air

County New London

Present Use Leased to business

Tax Year July 2023-June 2024

Location Downtown

Net Operating Income 24000

Property Type Commercial For Sale

Status Active

Acres 0.3

Directions Mitchell St is one of the roads at 5 corners by EB Look for Enterprise sign

City Groton

Street Name Mitchell

Sq Ft Total 1148

DOM 148

Video Tour Y/N 0

Interior

Cooling System None

Total Rooms 0

Utilities Available Electric

Total Bathrooms 0

Total Bedrooms 0

Total Number of Units 1

Exterior

Water Source Public Water Connected

Garage Parking None

Lot Description Corner Lot

Internal Only

Street Number 1 311

* Excluded Features

List By

Victoria Schroeder

Listing Agent

Kazantzis Real Estate, Llc

Broker

vschroedersells@outlook.com

Affordability Calculator

$2,259

Per Month

Monthly Principal & Interest: $2,259
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Groton, CT

Average List Price ^$1,137,405

Percent of Sale Price 235%

About Groton, CT

39,471 Population

-1% Since 2002

^$65,524 Median Income

36.29 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

899581 Elementary School

895635 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/11/2024	$339,900	-5.58%	Price Down
1/9/2024	$360,000		Listed Price

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311 Mitchell Street, Groton, CT, 06340 is a Commercial Property for sale at $339,900 with 1,148 sqft and a lot size of 0.3. 311 Mitchell Street is a studio with 0.0 baths and was built in 1958. The property's zip code is 06340 which is in Groton, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to a buying decision should be independently verified.

Information on this this page is provided by the Smart Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site other than by consumers looking to purchase real estate is prohibited.

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311 Mitchell Street

Commercial Property for sale in Groton, CT

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