$375,000

Under Contract

Est. Mortgage $1,894/mo *

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Listing courtesy of Ernie Lacore (860) 573-1598, Compass Connecticut, LLC (203) 245-1593

554 Pond Road, Franklin, (North Franklin), CT, 06254

554 Pond Road, Franklin, (North Franklin), CT, 06254
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0 beds

1 Half baths

1950

0 sqft

554 Pond Rd is a commercial building built in 1970 on .42 acres. It is C2 zoning and has an upgraded electrical system (2024), private well and septic system and a new roof on the east wing (2024). Daily traffic is 2,037 vehicles with 11,164 vehicles on Rt 32 about 1/4 mile. The commercial building has 14 bays plus an office and is a great opportunity for commercial flex rentals. Included is a separate deeded property 557 Pond Rd across the street on 5.49 acres of open land offering an excellent low cost high cash flow self storage facility opportunity. Think no need for water, septic, heat. Electricity available for lighting and security. Demand is high. Pond on rear of this property. Combined market value is $481,560. for both properties based on town appraisal.

Status:

Under Contract

Town:

Franklin

Type:

Commercial

Units:

14

Zoning:

C-2

Frontage:

State Road

Heating:

Other

Cooling:

None

Acreage:

0.42

Est. Taxes:

$4,373

Assessment

$205,800

Current Use

Trucking delivery company

Permitted Use

Commercial Flex Space storage

Utilities

Electric

Lot Description:

Level Lot

Days on Market:

16

MLS #:

24177503

Community Info

School Info

Walk Score

Mass Transit

Yelp

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