79 Ct-32 Franklin, CT 06254
- Day care centers
- 1,340 SF
- 1.90 lot acres
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 79 Ct-32
- Year built
- 1970
- Lot size
- 1.90 lot acres
- Property size
- 1,340 SF
- Property type
- Day care centers
- Property subtype
- Retail properties
Description
This 1,340 square foot retail property, situated on a 1.9-acre lot in Franklin, Connecticut, presents a unique redevelopment opportunity. Located at 79 CT-32, this vacant property boasts a prominent 437-foot frontage, ensuring high visibility for any business. The property is zoned C-2, offering flexibility for a variety of uses, including convenience store, daycare, or restaurant. Previously used as a daycare/educational facility, the building was constructed in 1970 and features gas heating, a well, and septic system. The asking price is $250,000, or alternatively, it is available for lease at $2,000 per month plus NNNs. Annual property taxes are $4,585. The property benefits from a high traffic count of 13,200 vehicles, making it an ideal location for a business seeking high visibility and accessibility. This is a prime opportunity for owner-users seeking a redevelopment project in a thriving retail corridor, conveniently located right off Route 2. The property's size and zoning provide ample potential for expansion or adaptation to suit a variety of business needs. This is a rare opportunity to acquire a well-located property with significant redevelopment potential in a desirable Connecticut market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Franklin
- County
- New London
- State
- Connecticut
- Longitude
- -72.1321
- Latitude
- 41.5726
