231 Gungywamp Rd, Groton, CT 06340

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List Price
$1,500,000
Status
ACTIVE
MLS#
24167590
Acres
13.41

Property 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 5000 with accessory buildings covering 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.

Additional Information

Taxes
$8,358
Lot Size
584,139
Sewer
Other
Elementary School
Charles Barnum
Middle School
Per Board of Ed
High School
Per Board of Ed

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Listing courtesy of John Tarducci from William Raveis Real Estate. (203) 640-6930 (203) 433-4387