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$685,000
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Property Description
This rare mixed-use property combines a thriving commercial storefront with a comfortable single-family home and additional outbuildings-all in one high-traffic location. Perfect for the owner-operator, investor, or anyone seeking the ultimate live-and-earn lifestyle. Currently operated as a successful welding supply and industrial gas sales business, the commercial building offers outstanding visibility and functionality in a busy corridor with excellent daily traffic counts. Run your own operation, launch a new venture, or lease it for immediate rental income.The spacious ranch-style residence provides convenient one-level living and includes a partially finished basement previously approved and used as a licensed daycare-ideal for an in-home business, extended family, or recreation space. A separate detached barn/garage with loft adds valuable storage, workshop potential, or room for vehicles and equipment. * Established retail/industrial space with loading docks and three oversized bay doors * High-exposure location perfect for business growth * Turn-key business opportunity or strong rental potential * Single-family ranch home with partially finished basement (former daycare) * Detached barn/garage with loft for extra storage or hobbies * Ample parking and expansion room on site * Unique chance to live on the property while operating or leasing the commercial portion Properties offering this blend of commercial frontage and on-site living are rare!
Full Property Details
Full Property Details for 685 Route 32
General
- Price: $685,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24140942
- Updated: 11/26/2025
- Added to Site: 58 day(s) ago
Interior
- Interior Features: Handicap Design, Living Space Available, Loading - Dock Height, Loading - Grade, Public Restrooms
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- Half Bathrooms: 2
- Restrooms: 3
Exterior
- Exterior Features: Storage Building, Sidewalk, Doors - 10-15 ft, Loading Dock/Grade, Outside Storage Area
Location
- County: New London
- Complex: Flex Center (395/2)
- Driving Directions: RT32
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Heat Pump, Hot Air, Electric, Solar
- Heating Fuel: Electric, Solar
Utilities
- Sewer: Septic
- Water: Private Well
- Utility Description: Electric, Telephone, Phone Available, Cable
Structural Information
- Roof: Asphalt Shingle, Metal
- Overhead Doors: 3
- # Loading Docks: 2
- Square Feet: 2,344
- Sq. Ft. Source: Owner
- Living Area: 1,144 Sq. Ft.
- Current Bldg. Use: Retail Industrial Gas
- Retail: 1,200 Sq. Ft.
- Year Built: 2021
Unit Information
Unit 1
- Unit Description: 1 Bedroom
- Square Feet: 1144
- Total Bathrooms: 2
- Partial Bathrooms: 1
Unit 2
- Unit Description: Retail
- Square Feet: 1200
- Total Bathrooms: 1
- Partial Bathrooms: 1
Lot Features
- Lot Size (Acres): 1
- Frontage: State Road
- Present Use: Retail Industrial Gas
- Potential Use: Retail, Industrial Related and Day Care
- Zoning: C-1
- Lot Description: Dry, Cleared
Water Features
- Docks: 2
Financial Considerations
- Assessment Amount: $338,030
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Legal Description
- Property ID: 1478015
Listed by RE/MAX Bell Park Realty, THE DEOJAY TEAM AT BELL PARK REALTY, Daniel Deojay
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Schools
Schools serving 685 Route 32
School District:Franklin School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 685 Route 32
Date
Details
Price
Change
Source
11/20/2025
Listed
$685,000
1656.41%
MLS
6/08/2017
Sold
$39,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 685 Route 32
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,183
6%
$338,030
1%
2023
$6,807
28%
$336,140
45%
2023
$5,308
1%
$231,090
1%
2022
$5,275
2%
$229,660
2%
2021
$5,177
414%
$225,390
419%
2020
$1,008
1%
$43,400
3%
2019
$996
49%
$42,000
61%
2018
$669
-30%
$26,010
-32%
2017
$960
—
$38,060
—
2016
$960
2%
$38,060
—
2015
$941
—
$38,060
—
2014
$941
-29%
$38,060
-38%
2011
$1,321
—
$61,320
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 685 Route 32
685 Route 32, Franklin, CT 06254 (MLS# 24140942) is a Commercial property. 685 Route 32 is currently listed for $685,000 and was received on November 20, 2025. Want to learn more about 685 Route 32? Do you have questions about finding other Commercial real estate for sale in Franklin? You can browse all Franklin real estate or contact a Coldwell Banker agent to request more information.

