Historic Mixed-Use Commercial
For Lease
$1,500/Mo
252 Franklin St, Norwich, CT 06360
Historic commercial space in downtown Norwich with access to major roadways and public transportation.
Space Size2,500 SF
Days on Market12
Property Features for 252 Franklin St
General Information
Standard status
Active
Size
2,500 SF
Net Rentable
2,500 SF
Space & Availability
Available Space
2,500 SF
Contiguous Space
2,500 SF
Lease Terms
Lease Rate
$1,500 /USD/MO
Total Rate
$1,500
Monthly Rent
$1,500
Rent per SF/Year
$7.20
Site & Location
Highway Access
Yes
Public Transit
Yes
Building Details
Year Built
1865
Listing Agency:
Lock and Key Realty, Inc
(413) 282-8080
Listed By:
Alex King
Source:
Homesbyshoshana
Added: Aug 17
Changed: Aug 28
Last Checked: Aug 28 at 4:45AM
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 Lock and Key Realty, Inc
Investment Insights
Based on property information with market context.
This mixed-use commercial property at 252 Franklin Street provides approximately 2,500 square feet within a building constructed in 1865. The space can accommodate retail, office, studio, showroom, fitness, creative, or professional functions, supporting a range of commercial configurations.
The property is situated in downtown Norwich on Franklin Street, near local shops, restaurants, coffee houses, and established small businesses. Regional access includes I-395, Route 2, and Route 32, while public transportation is also available. Norwich Harbor, Mohegan Sun, and Foxwoods are minutes away, adding established destinations within the surrounding area.
The property is situated in downtown Norwich on Franklin Street, near local shops, restaurants, coffee houses, and established small businesses. Regional access includes I-395, Route 2, and Route 32, while public transportation is also available. Norwich Harbor, Mohegan Sun, and Foxwoods are minutes away, adding established destinations within the surrounding area.
Key Highlights
- Approximately 2,500 square feet of commercial space
- Mixed‑use property in downtown Norwich
- Building constructed in 1865
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.08 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
866
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Norwich, CT
$15.78 /SF/Yr
Avg Asking Price
$7.13–$21 /SF/Yr
Price Range
7,618 SF
Avg Space Size
This space is priced 54% below the average of $15.78 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic commercial space in downtown Norwich with access to major roadways and public transportation.
Where is this mixed-use property located?
The property is located at 252 Franklin St Norwich, CT.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: Approximately 2,500 square feet of commercial space; Mixed‑use property in downtown Norwich; Building constructed in 1865
