192 Ct-32, Franklin, CT 06254
This exceptional commercial property, located at 192 Route 32 in Franklin, Connecticut, presents a unique investment opportunity. The 4,940 square foot building, constructed in 1950, sits on a 2.3-acre lot and is currently vacant. Previously used as a car dealership, the property's C-2 zoning allows for a variety of commercial uses. The asking price is $1,800,000, translating to $364.37 per square foot. The property comprises four buildings in total. An added benefit is an approved additional building lot, already cleared through the local planning and zoning board, per the seller. Utilities are readily available, with gas already connected to the street, and water and sewer lines planned for future connection. This property offers significant potential for redevelopment or continued use as an auto-related business, given its size, zoning, and location in Franklin, Connecticut (zip code 06254). The property's strategic location and versatile zoning make it an attractive prospect for a wide range of commercial ventures. Serious inquiries are encouraged.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.