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Mixed-Use Building with Retail Space
For Sale
$200,000

93 Franklin Street, Norwich, CT 06360

Mixed-use building offering retail space plus updated residential units with flexible bedroom configurations.

Days on Market141

Property Features for 93 Franklin Street

General Information

Standard status Active
Property subtype General Commercial

Building Details

Year Built 1860
Listing Agency: RE/MAX One
Listed By: Jackie Tacy
Source: Xome
Added: Mar 14 Changed: Jul 10 Last Checked: Jul 15 at 8:32PM

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 building combines a ground-level retail space with multiple residential arrangements. The lower level is described as a business space with a potential 4-bedroom (possibly 5-bedroom) unit, served by two full bathrooms. The upper level is a townhouse-style apartment with a layout designed for comfortable day-to-day living.

Located at 93 Franklin Street in Norwich, CT, the property includes a large, open retail area on the ground level. The space has previously operated as a salon and juice bar, and the current configuration is described as adaptable for a range of retail concepts.

Residential updates completed under the current ownership include a fully renovated kitchen featuring stainless steel appliances and granite countertops, which can support owner-occupancy or tenant-ready use. The description also notes the possibility of configuring an additional one-bedroom unit on the opposite side of the building, offering flexibility for rental income, extended living arrangements, or combining live-and-work use. For owner-operators or investors seeking a property that pairs commercial frontage with multiple residential options, the building’s layout provides a straightforward path to create and manage distinct spaces within one asset.

Key Highlights

  • Mixed‑use building with ground‑level retail space and an upper‑level townhouse‑style apartment
  • Retail space on the ground level with an open layout (previously a salon and juice bar)
  • Renovated kitchen with stainless steel appliances and granite countertops in the residential portion

Property Analytics

Current Use

Hall Portable Toilets Building Supply Steflorah Tax & Multi ... Accounting Firm

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Pharmacy HVAC Service

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

Location Intelligence

Trade Area within ½ mile

816
Businesses Nearby
1k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
U-Haul Shops & Services
1,370 visits/mo 0.3 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building offering retail space plus updated residential units with flexible bedroom configurations.
Where is this mixed-use property located?
The property is located at 93 Franklin Street Norwich, CT.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Mixed‑use building with ground‑level retail space and an upper‑level townhouse‑style apartment; Retail space on the ground level with an open layout (previously a salon and juice bar); Renovated kitchen with stainless steel appliances and granite countertops in the residential portion
More about this property
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