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Live-Work Mixed-Use Opportunity
For Sale
$534,900

305 South Street, Plymouth, CT 06782

Commercial property currently operating as an upholstery shop with plans previously approved to convert the upper level to residential use.

Property Size1,947 SF
Price / SF$134.74
Days on Market130

Property Features for 305 South Street

General Information

Standard status Active
Size 1,947 SF
Property subtype Commercial
Lease Term Business Included YNN: Negotiable

Additional Details

Water Rights Yes

Building Details

Building Size 1,947 SF
Year Built 1947
Listing Agency: Coldwell Banker Realty
Listed By: Carmelina Riccitelli · License #RES.0784103
Source: Iverty
Added: Apr 30 Changed: Sep 5 Last Checked: Sep 5 at 6:12AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This mixed-use commercial property is currently operating as an upholstery shop. The building includes an upper level that previously had town-approved plans for residential conversion while maintaining commercial use below, supporting a live-work or mixed-use concept for qualified redevelopment projects.

The property is located at 305 South Street in Plymouth, Connecticut, directly across from Plymouth Lake. It also includes lake rights to Plymouth Lake.

Buyers are responsible for conducting their own due diligence regarding approvals, zoning, permits, intended future use, and any potential benefits related to Connecticut Public Act 25-164 for adaptive reuse of qualifying properties.

Key Highlights

  • 1947‑built commercial property at 305 South Street in Plymouth, CT, currently operating as an upholstery shop
  • Plans previously approved by the town to convert the upper level to residential living while maintaining commercial use below
  • Located directly across from Plymouth Lake and includes lake rights to Plymouth Lake

Property Analytics

Current Use

Bristol Upholstery Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Building Supply Plumbing Service Big Box & Wholesale Store Locksmith Kitchen & Bath Showroom

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

Lease Details

Yes
Water rights

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby

Demographics for 06782, CT

2,268
Population
766
Households
3
Avg Household Size
49
Median Age
28%
College-Educated
91%
High-School Grad
7.5 sq mi
ZIP Area
302
Density / Sq Mi
$97,222
Median Household Income
$56,912
Median Earnings
$1,413
Median Rent
$284,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Commercial property currently operating as an upholstery shop with plans previously approved to convert the upper level to residential use.
Where is this live-work space located?
The property is located at 305 South Street Plymouth, CT.
What is the asking price?
The asking price for this property is $534,900.
What are key features of this property?
This property features: 1947‑built commercial property at 305 South Street in Plymouth, CT, currently operating as an upholstery shop; Plans previously approved by the town to convert the upper level to residential living while maintaining commercial use below; Located directly across from Plymouth Lake and includes lake rights to Plymouth Lake
More about this property
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