Attention Developers, Builders, Entrepreneurs, and Investors potentially developable land in much sought after Town of Groton.


Property

Website:https://www.nestseekers.com/5423814
Address:
231 Gungywamp
Groton, CT 06340
Ownership: Land
Type: Land

Financials

Price:$1,500,000
Annual Taxes:$8,358

Description

Attention Developers, Builders, Entrepreneurs, and Investors potentially developable land in much sought-after Town of Groton. Discover a one-of-a-kind development opportunity in the heart of Groton, CT, with this expansive 13.41-acre property showcasing a historic A-Frame chapel and community center. Situated within a residential area and zoned RU-20, this property is primed for development, or a creative range of possibilities. Features include an A-Frame chapel and community center spanning over 20,000 SF. Strategic location: Nestled in a sought-after residential area and close to major employers such as General Dynamics, this site offers convenience and accessibility. Versatile Zoning & Potential: With its RU-20 zoning, the property opens doors to various residential projects. ALSO, this property is the perfect location for a Recreational Facility, Wellness Spa, or a Physical Rehabilitation campus (with town approval) - time to get creative! The owner is willing to do a joint venture or Seller Financing and welcomes creative offers from developers or investors ready to unlock the full potential of this remarkable property.

Amenities

  • Elementary School - Charles Barnum
  • High School - Per Board of Ed
  • Intermediate School - Per Board of Ed

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of John Tarducci of William Raveis Real Estate