554 Pond Rd, Franklin, CT 06254

$375,000
1
BA

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List Price
$375,000
Status
ACTIVE
MLS#
24177503
Year Built
1950
Bathrooms
1
Acres
0.42

Property Description

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.

Additional Information

Taxes
$4,373
Lot Size
18,295
Flooring
Concrete
Heating
Other
Cooling System Type
None
Sewer
Septic Tank
Water Source
Private Well

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Calculator source: Real Geeks

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

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