Flex Space Building with 14
For Lease
$375,000
554 Pond Rd, North Franklin, CT 06254
C2-zoned commercial property combines multi-bay workspace, office space, and a separate open-land parcel across the road.
Space SizeContact for details
Lot Size0.42 Acres
Days on Market103
Property Features for 554 Pond Rd
General Information
Standard status
Active
Lot size
0.42 Acres
Zoning
C2
Additional Details
Space Use
Flex
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$4,373
Building Details
Year Built
1970
Listing Agency:
Compass Connecticut, LLC
(860) 573-1598
Listed By:
Ernie H. Lacore
(860) 573-1598
Source:
Exprealty
Added: May 21
Changed: Aug 29
Last Checked: Aug 29 at 5:30PM
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 Compass Connecticut, LLC
Investment Insights
Based on property information with market context.
The primary property is a commercial flex building constructed in 1970 on .42 acres, with 14 bays and an office. Improvements include an upgraded electrical system completed in 2024 and a new roof on the east wing installed in 2024. The site is served by a private well and septic system and carries C2 zoning.
The offering also includes a separate deeded parcel at 557 Pond Rd, located across the street on 5.49 acres of open land. Electricity is available on that property for lighting and security, and a pond is situated at the rear. Traffic is reported at 2, 037 vehicles daily along Pond Rd and 11, 164 vehicles on Rt 32 approximately 1/4 mile away.
The offering also includes a separate deeded parcel at 557 Pond Rd, located across the street on 5.49 acres of open land. Electricity is available on that property for lighting and security, and a pond is situated at the rear. Traffic is reported at 2, 037 vehicles daily along Pond Rd and 11, 164 vehicles on Rt 32 approximately 1/4 mile away.
Key Highlights
- 14‑bay commercial flex building with an office
- .42‑acre primary property with C2 zoning
- Electrical system upgraded in 2024
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 06254, CT
1,863
Population
754
Households
2.5
Avg Household Size
48
Median Age
29%
College-Educated
96%
High-School Grad
19.7 sq mi
ZIP Area
95
Density / Sq Mi
$100,179
Median Household Income
$57,045
Median Earnings
$700
Median Rent
$288,200
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - C2-zoned commercial property combines multi-bay workspace, office space, and a separate open-land parcel across the road.
Where is this flex space located?
The property is located at 554 Pond Rd North Franklin, CT.
What is the lease rate?
The lease rate is $375,000.
What are key features of this property?
This property features: 14‑bay commercial flex building with an office; .42‑acre primary property with C2 zoning; Electrical system upgraded in 2024
