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972 Route 12Groton, CT 06340MLS Number 170333188

  • Price: $775,000The price has recently decreased
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Price Down Payment Interest Rate Years

Est. Mortgage: $/month

Federal 30-year interest rate: 2.8% last updated on 2020-10-22

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Listed by Steven Becker and Jeff Brewer of Pequot Commercial
972 Route 12 Groton CT 06340
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  • $775,000List Price
  • 0.79Acreage
  • 4,384Square Feet
  • 1950Year Built
Prime Development possibilities! Highly desirable location on corner of Route 12 and Crystal Lake near Naval Sub Base. 4,383 sf one story building built 1950 with two 10' overhead doors on 0.789 acres. Formerly a used car sales place. Parking 40+/-. Traffic count 25,200 daily average. 163' road frontage on Route 12. Assessed value $314,980. Taxes $9,947. Public Water/Sewer. Zone CN Commercial Neighborhood offers many uses. For Sale $775,000. PERMITTED USES: Restaurant, Hotel/Motel, Offices, Retail (small/Med scale), Services (educational, personal and professional), Vehicle Repair and Washing, Cultural, Recreation and Entertainment, Daycare, Multi Family...

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Market Realty, LLC

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Market Realty, LLC
28 Cottrell St
Mystic CT, 06355

Office: 860.572.1155

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More Info

Basic Information

  • Broker NamePequot Commercial
  • List Price$775,000
  • MLS Number170333188
  • Property TypeCommercial For Sale
  • StatusACT
  • TownGroton
  • Virtual TourView Tour
  • Commercial catagoryOffice, Retail
  • ColistofficenamePequot Commercial
  • Also for leaseNo
  • MLS StatusActive


  • Handicap FeaturesHandicap Parking


  • Heat SystemHot Air
  • Heating FuelNatural Gas
  • Utilities availableCable Available
  • Water sourcePublic Water Connected
  • Cooling SystemNone
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Assessed value$314,580
  • Taxes$9,947
  • Tax YearJuly 2020-June 2021
  • Milrate base25
  • Milrate tax district6
  • Milrate total31.62


  • Acreage0.79
  • Lot DescriptionCorner Lot
  • Parking Spaces
  • Parking spaces covered
  • Parking spaces uncovered
  • Parking spaces per 1000sqft
  • FloodzoneNo
  • Business includedNo
  • Road Frontage163
  • Road Frontage DescriptionState Road
  • SwimmingpoolNo

Basic Information



  • CountyNew London
  • LocationUrban
  • StateCT
  • Zip06340


  • RoofOther
  • Year Built1950
  • Building ConstructionBlock, Concrete
  • AtticNo
  • Garage Spaces
  • FlooringVinyl
  • Overhead doors2
  • Garage Parking InfoParking Lot
  • Square Feet4,384
  • Sqft office4384
  • Sqft retail4384
  • Stories1
  • Additional space availableNo


  • Bank owned propertyNo


  • Documents AvailableNone
  • Lease purchaseNo
  • Purchase optionNo
  • Inventory includedNo
  • Traffic count25200
  • Space is leasedNo
  • Present useFormer used car sales
  • Potential useRetail, Office, Services...
  • View Count24

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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