$375,000
Active554 Pond Road
Franklin, Connecticut, 06254 · New London County
0
Beds
1
Baths
0
Sq Ft
1950
Built
MLS # 24177503
Property Type
Commercial For Sale
Lot Size
0.42
Class
Property
About This Property
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.
Property Details
554 Pond Road, Franklin Connecticut 06254 — Commercial For Sale listed at $375,000.
At a Glance
0
Bedrooms
1
Bathrooms
--
Sq Ft
0.42
Lot Size
--
Garage
1950
Year Built
The Details
Property Details
Property Features
Financial
Location & Community
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$375,000
Listing Agent
Ernie Lacore
Compass Connecticut, LLC
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