Mixed-Use Property with Retail
For Sale
$175,000
93 Franklin St, Norwich, CT 06360
Mixed-use property featuring residential and commercial spaces.
Property SizeContact for details
Days on Market108
Property Features for 93 Franklin St
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1860
Stories
3
Listing Agency:
RE/MAX One
(860) 965-3085
Listed By:
Jackie Tacy
(860) 965-3085
Source:
Elliman
Added: Apr 26
Changed: Aug 10
Last Checked: Aug 10 at 3:52PM
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 RE/MAX One
Investment Insights
Based on property information with market context.
This mixed-use property includes a three-bedroom, townhouse-style apartment on the upper level, offering a versatile living space. There is potential to configure an additional one-bedroom unit, suitable for rental income or owner-occupancy. The ground level features a large retail space with an open layout and good visibility. Previously used as a salon and juice bar, the commercial area is adaptable for various business ventures. The property is located in an area that is somewhat walkable with a walk score of 67, somewhat bikeable with a bike score of 30, and has some transit options with a transit score of 36. The property is suitable for investors, entrepreneurs, or owner-operators looking to maximize space and income possibilities. The living space has been updated under current ownership, including a renovated kitchen with stainless steel appliances and granite countertops.
Key Highlights
- Mixed‑use property with both residential and commercial spaces.
- Spacious three‑bedroom, townhouse‑style apartment on the upper level provides comfortable living.
- Potential to configure an additional one‑bedroom unit.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
816
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
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property featuring residential and commercial spaces.
Where is this mixed-use property located?
The property is located at 93 Franklin St Norwich, CT.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Mixed‑use property with both residential and commercial spaces.; Spacious three‑bedroom, townhouse‑style apartment on the upper level provides comfortable living.; Potential to configure an additional one‑bedroom unit.
