Property profile

252 Franklin St Norwich, CT 06360

FOR LEASE
Showrooms
Saved see the list in your Dashboard
Property ID
US15-0178079
5,174 SF 0.12 ac Built 1865
Last sale Jan 2025·$200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
252 Franklin St, Norwich, CT 06360 For Lease
$1,500/Mo 2,500 SF available
252 Franklin St, Norwich, CT 06360
View Listing

Property summary

AI-generated overview

This mixed-use commercial property is located at 252 Franklin Street in downtown Norwich on Franklin Street. The building was constructed in 1865 and contains approximately 2,500 square feet of space that can be configured for multiple commercial uses, including retail, office, studio, showroom, fitness, creative, or professional functions. The site is positioned in a downtown retail and restaurant corridor near local shops and established small businesses. Regional transportation access…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$149k
Assessed land$41k
Assessed improvement$108k
Effective rate3.82%

Value estimate

· Nov 2026
$195k
$176k – $215k
AI approach$165k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$63/SF
ZIP average, outlier-cleaned · 86 recorded sales of this use type
Observed band · Q1–Q3$34 – $87
Qualifying comparables11

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CC
Chelsea Central District CC General Commercial District GC Industrial Production, Manufacturing, & Research District PMR Neighborhood Com...
General categoryUNKNOWN
JurisdictionNORWICH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.6
Dental Office12.8
Skin Care Clinic9.6

Location

252 Franklin St Norwich, CT 06360
County assessor Recorded deeds · 9 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4 Willow, Norwich, CT 06360-4541 $245,000 Dec 2025 5,374 SF
727 Boswell, Norwich, CT 06360-2848 $155,000 Jul 2025 6,843 SF
273 Central, Norwich, CT 06360-3826 $215,000 Jan 2025 4,052 SF
174 Town, Norwich, CT 06360-2112 $400,000 Nov 2024 4,706 SF
146 Main, Norwich, CT 06360-5738 $250,000 Nov 2024 6,818 SF
74 Norwich, Norwich, CT 06360-2512 $275,000 Aug 2024 4,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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