Commercial Building with Land
For Sale
$375,000
Pending
554 Pond Road, Franklin, CT 06254
Commercial building with flex rental potential and storage facility opportunity.
Property SizeContact for details
Lot Size5.91 Acres
Days on Market102
Property Features for 554 Pond Road
General Information
Standard status
Pending
Lot size
5.91 Acres
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
Compass Connecticut, LLC
(860) 573-1598
Listed By:
Ernie Lacore
(860) 573-1598
Source:
Lockandkeyre
Added: May 20
Changed: Aug 23
Last Checked: Aug 3 at 7:57AM
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 property at 554 Pond Rd, constructed in 1970, is situated on 0.42 acres and is zoned C2. The building features 14 bays plus an office, presenting a potential opportunity for commercial flex rentals. Upgrades include a new roof and an upgraded electrical system, both completed in 2024. The property is equipped with a private well and septic system. Daily traffic on Pond Road is approximately 2,037 vehicles, with 11,164 vehicles on Rt 32, which is located about 1/4 mile away. Included in the offering is a separate deeded property at 557 Pond Rd, located across the street. This parcel consists of 5.49 acres of open land, offering a potential opportunity for a low-cost, high-cash-flow self-storage facility. Electricity is available for lighting and security. A pond is located on the rear of this property. Offers can be made on one or both properties as they are separately deeded.
Key Highlights
- High‑cash‑flow self‑storage opportunity on a separate 5.49‑acre deeded property with low operating costs.
- Commercial building featuring 14 bays plus an office, ideal for commercial flex rentals.
- Upgraded electrical system and new roof (both 2024).
Property Analytics
Property Profile
Current Use
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 - Commercial building with flex rental potential and storage facility opportunity.
Where is this flex space located?
The property is located at 554 Pond Road Franklin, CT.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: High‑cash‑flow self‑storage opportunity on a separate 5.49‑acre deeded property with low operating costs.; Commercial building featuring 14 bays plus an office, ideal for commercial flex rentals.; Upgraded electrical system and new roof (both 2024).
