232 Franklin St Norwich, CT 06360

Building Details

Year Built

1900

Listing agency s***@smithoakre.com Show Phone

Listed by Scott Aceto Show Phone

Source Elliman

Added: May 9 Updated: Jul 20 at 5:14PM Checked: Jul 21 at 6:46AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Scott Aceto

---

Investment Insights

Based on property information with market context.

This mixed-use building has undergone extensive recent improvements, including brand new kitchens, updated bathrooms and showers, new flooring throughout each unit, and new appliances. Major mechanical updates include a brand new furnace with a 10-year warranty, along with a recently replaced gas meter and new gas line. Exterior improvements include siding installed approximately three years ago, a recently paved driveway (about two years old), and new roofing on the garage, shed, and rear portion of the home.

The property includes a detached 3-car garage, metal garage doors, and a private backyard offering outdoor space. The front portion of the commercial space was updated within the past year to enhance usability. Zoning is General Commercial, and the property will be delivered compliant with a first-floor commercial unit and second-floor residential unit.

For buyers seeking flexibility, this is a modernized mixed-use setup with both commercial and residential components and multiple recent upgrades to support ongoing operations.

Key Highlights

• Mixed‑use building delivered with a first‑floor commercial unit and second‑floor residential unit
• Interior upgrades include brand new kitchens, updated bathrooms and showers, new flooring throughout each unit, and new appliances
• Mechanical updates include a brand new furnace with a 10‑year warranty, plus a replaced gas meter and new gas line

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $450,000

  4,280 SF

  Three-Story Office Building with Parking

  Three-story office building with 18 offices, 3 bathrooms, including an ADA-compliant first-floor bathroom, plus paved parking.

  200 W Town Street, Norwich, CT 06360

  View Details
• 

  $650,000

  3,476 SF

  Mixed-Use Building with Turnkey Restaurant

  First-floor turnkey restaurant business with equipment and a second-floor 3-bedroom apartment, plus finished attic and full basement.

  20-22 Lafayette Street, Norwich, CT 06360

  View Details
• 

  $199,000

  7,800 SF

  Mixed-Use Building with Storage Units

  Building includes over a dozen storage units with street-level retail and office tenants overlooking river views.

  28 Talman Street, Norwich, CT 06360

  View Details
• 

  $450,000

  4,280 SF

  Three-Story Office Building with Parking

  Three-story office building with 18 offices, ADA-compliant first-floor restroom, and 24 paved parking spaces.

  200 W Town Street, Norwich, CT 06360

  View Details
• 

  $369,900

  2,720 SF

  Two-Story Office Building

  Two-story office building with 12 offices, conference room, reception area, and ample parking on busy Route 82.

  76 Salem Turnpike, Norwich, CT 06360

  View Details
• 

  $895,000

  5,069 SF

  7-Unit Multifamily Property

  Seven-unit mix of studios, one- and two-bedroom homes with tenant-paid utilities and off-street parking.

  7 Broad Street, Norwich, CT 06360

  View Details
• 

  $795,000

  6,013 SF

  Six-Unit Multifamily Investment

  Fully occupied six-unit building with 2-, 3-, and 1-bedroom units and separately metered utilities.

  265 Washington Street, Norwich, CT 06360

  View Details
• 

  $195,000

  1,976 SF

  Commercial Building with Loading Platform

  1,976 SF commercial building on 0.35 acres for sale.

  77 Hamilton Ave, Norwich, CT 06360

  View Details
• 

  $525,000

  4,885 SF

  Turnkey 5-Unit Multifamily Building

  Turnkey 5-unit multifamily property with separately metered electric, public water/sewer, and owner-paid gas heat.

  102-104 Boswell Ave, Norwich, CT 06360

  View Details
• 

  $650,000

  3,476 SF

  Mixed-Use Restaurant and Residence

  Turnkey first-floor restaurant paired with an upstairs 3-bedroom apartment plus additional finished attic and basement storage.

  20-22 Lafayette Street, Norwich, CT 06360

  View Details
• 

  $650,000

  3,476 SF

  Mixed-Use Building with Turnkey Restaurant

  Turnkey restaurant on the first floor with residential space above, plus a finished attic and full basement for storage.

  20-22 Lafayette Street, Norwich, CT 06360

  View Details
• 

  $400,000

  3,810 SF

  Tenant-Occupied Two-Family Residence

  Tenant-occupied duplex with two 2BR units, each with 1 full bath, hardwood floors, separate boilers, and electrical panels.

  52 Oneco Street, Norwich, CT 06360

  View Details

FAQs

What type of property is this?

Mixed-use property - Mixed-use building delivered with a first-floor commercial unit and second-floor residential unit, plus extensive recent interior and exterior upgrades.

Where is this mixed-use property located?

The property is located at 232 Franklin St Norwich, CT.

What is the asking price?

The asking price for this property is $324,900.

What are key features of this property?

This property features: Mixed‑use building delivered with a first‑floor commercial unit and second‑floor residential unit; Interior upgrades include brand new kitchens, updated bathrooms and showers, new flooring throughout each unit, and new appliances; Mechanical updates include a brand new furnace with a 10‑year warranty, plus a replaced gas meter and new gas line