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Mixed-Use Retail and Apartments
For Sale
$175,000

93 Franklin Street, Norwich, CT 06360

COMMERCIAL - Norwich, CT

Lot Size0.09 Acres
Days on Market98

Property Features for 93 Franklin Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning CC
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Security features Security System
Interior features Security System,Window Display
Exterior features Sidewalk,Gutters
Lot features Cleared
Directions GPS Friendly
Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2027
Tax Annual Amount 3897

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Hot Water(Heating)
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1860
Floors in Building 3
Listing Agency: RE/MAX One · RE/MAX International
Listed By: Jackie Tacy
Added: Apr 26 Changed: Jul 29 Last Checked: Aug 1 at 5:06PM
MLS# 24170113

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property includes a ground-level retail space with an open layout, previously used as a salon and juice bar. Residential space is arranged across additional levels, including a townhouse-style apartment. The living areas include many updates under the current ownership, highlighted by a fully renovated kitchen with stainless steel appliances and granite countertops.

The lower level is described as a business area paired with a unit offering four bedrooms with the potential for a fifth, plus two full bathrooms. The upper level features the townhouse-style apartment, while the opposite side of the building is noted as having potential to configure an additional one-bedroom unit.

Zoned CC, the building is located at 93 Franklin Street in Norwich, Connecticut (New London County).

Key Highlights

  • Mixed‑use property with a business/retail space on the lower level and a townhouse‑style apartment on the upper level
  • Renovated kitchen features stainless steel appliances and granite countertops
  • Lower‑level retail space with an open layout; previously used as a salon and juice bar

Property Analytics

Current Use

Hall Portable Toilets Building Supply Steflorah Tax & Multi ... Accounting Firm

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Pharmacy HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

816
Businesses Nearby
1k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
U-Haul Shops & Services
1,370 visits/mo 0.3 miles

Demographics for 06360, CT

37,104
Population
17,739
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
88%
High-School Grad
26.8 sq mi
ZIP Area
1,384
Density / Sq Mi
$65,848
Median Household Income
$42,287
Median Earnings
$1,207
Median Rent
$233,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Mixed-use building with a ground-floor retail space and renovated apartments, including multiple bedroom/bathroom configurations.
Where is this retail space located?
The property is located at 93 Franklin Street Norwich, CT.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Mixed‑use property with a business/retail space on the lower level and a townhouse‑style apartment on the upper level; Renovated kitchen features stainless steel appliances and granite countertops; Lower‑level retail space with an open layout; previously used as a salon and juice bar
More about this property
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