554 Pond Road

Franklin, CT 06254 Directions
$375,000
  • 0/1Baths
  • 0.42Acres
  • 1950Built

Property Highlights

  • Neighborhood: North Franklin
  • Days on Market: 4
  • MLS: 24177503

Property Highlights

  • Neighborhood: North Franklin
  • Days on Market: 4
  • MLS: 24177503

554 Pond Rd is a commercial building built in 1970 on .42 acres. It is C2 zoning and has an upgraded 200 amp electrical system (2024), private well and septic system and a new roof (2024). Daily traffic is 2, 037 vehicles with 11, 164 vehicles on Rt 32 about 1/4 mile. The commercial building has 13 bays plus an office and is a great opportunity for commercial rentals, Last market valuation was $294, 000 and current CMA $298, 060. WHAT's GREAT. Across the street is a separate deeded property 557 Pond Rd on 5.49 acres of open land offering an excellent low cost high cash flow self storage facility. No need for water, septic, heat. Electricity available...

Property Highlights

  • Neighborhood: North Franklin
  • Days on Market: 4
  • MLS: 24177503

554 Pond Rd is a commercial building built in 1970 on .42 acres. It is C2 zoning and has an upgraded 200 amp electrical system (2024), private well and septic system and a new roof (2024). Daily traffic is 2, 037 vehicles with 11, 164 vehicles on Rt 32 about 1/4 mile. The commercial building has 13 bays plus an office and is a great opportunity for commercial rentals, Last market valuation was $294, 000 and current CMA $298, 060. WHAT's GREAT. Across the street is a separate deeded property 557 Pond Rd on 5.49 acres of open land offering an excellent low cost high cash flow self storage facility. No need for water, septic, heat. Electricity available for lighting and security. Demand is high. Pond on rear of the property. Last market value was $193, 500 and current CMA $193, 500. Combined market value is $481, 560. for both properties. Great asking price of $375, 000. Offers on one or both properties is available. Possible some limited owner financing. BRING ALL OFFERS.

554 Pond Rd is a commercial building built in 1970 on .42 acres. It is C2 zoning and has an upgraded 200 amp electrical system (2024), private well and septic system and a new roof (2024). Daily traffic is 2, 037 vehicles with 11, 164 vehicles on Rt 32 about 1/4 mile. The commercial building has 13 bays plus an office and is a great opportunity for commercial rentals, Last market valuation was $294, 000 and current CMA $298, 060. WHAT's GREAT. Across the street is a separate deeded property 557 Pond Rd on 5.49 acres of open land offering an excellent low cost high cash flow self storage facility. No need for water, septic, heat. Electricity available for lighting and security. Demand is high. Pond on rear of the property. Last market value was $193, 500 and current CMA $193, 500. Combined market value is $481, 560. for both properties. Great asking price of $375, 000. Offers on one or both properties is available. Possible some limited owner financing. BRING ALL OFFERS.

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  • Additional Information
    • Acres: 0.42
    • Area Type: Rural
    • Is Occupied?: Owner
    • Neighborhood: North Franklin
    • Present Use: Automotive - trucking company
    • Property Tax: $4,373
    • Road Frontage Description: Municipal Street
    • Sewer: Septic
    • Tax Amount: $4,373
    • Unit Count: 13
    • Utilities Available: Electric
    • Year Built: 1950
    • Zoning: C-2
  • Interior Features
    • Flooring: Concrete
    • Half Baths: 1
    • Heat: Other
    • Living SqFt Source: Public Records
    • Stories: 1
    • Total Baths: 1
  • Exterior Features
    • Exterior Features: Doors - 10-15 ft
    • Roof: Asphalt Shingle

Listing Courtesy of Ernie Lacore of Compass Connecticut, Llc.

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