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$488,000 Just Listed

  • For Sale
  • Active
  • Commercial
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A world of opportunities awaits at this extraordinary property. Envision transforming this historic gem into a thriving multifamily home, commercial venture, or a unique blend of both. The property's solid bones provide an excellent foundation for renovation. The plaster walls and wide plank hardwood flooring are in remarkable condition and protected by a brand new roof. Some paint and attention to detail would bring this place back to a magical time in its history. There is an expansive 2000 square foot open floor space that is perfect for crafting a dream business or entertainment area. The third floor is a blank canvas, ready for your creative vision. A panoramic 'widow's watch' offers a serene retreat. The property also features a spacious 25'x35' two-story garage with heating and insulation. With an estimated 12,000 vehicles passing by daily, the potential for commercial success is substantial, particularly with the upper apartment. This rare opportunity is perfect for forward-thinking individuals or businesses.

Full Property Details for 7 Baltic Rd

General

  • Price: $488,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24171519
  • Updated: Today (5/15/2026)
  • Added to Site: Today

Interior

  • Interior Features: Living Space Available
  • Flooring: Concrete, Wood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Exterior

  • Exterior Features: Storage Building

Location

  • County: New London
  • Complex: Flex Center (395/2)
  • Driving Directions: GPS
  • Traffic Count: 12000

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Air, Other
  • Heating Fuel: Other

Utilities

  • Sewer: Septic
  • Water: Private Well
  • Utility Description: Electric, Phone Available, Cable Available

Structural Information

  • Roof: Asphalt Shingle
  • Square Feet: 7,612
  • Sq. Ft. Source: Public Records
  • Current Bldg. Use: Residential, Commercial, Mixed Use, Multi family
  • Year Built: 1842

Unit Information

Unit 1

  • Unit Description: Industrial
  • Total Bathrooms: 3

Unit 2

  • Unit Description: 4+Bedrooms

Unit 3

  • Unit Description: Office

Unit 4

  • Unit Description: Retail

Unit 5

  • Unit Description: 4+Bedrooms

Lot Features

  • Lot Size (Acres): 0.83
  • Frontage: State Road, Municipal Street, Paved Road
  • Present Use: Residential, Commercial, Mixed Use, Multi family
  • Potential Use: Residential, Commercial, Mixed Use, Multi family
  • Zoning: C-2
  • Lot Description: Dry, Level Lot, Cleared

Financial Considerations

  • Assessment Amount: $323,190
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Documents Avail.: Other
  • Property ID: 1477781

Listed by CENTURY 21 Shutters & Sails, Richard Bates

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Listing agent

— 7 Baltic Rd —

  • Richard Bates

    CENTURY 21 Shutters & Sails

Agent Contact: (860) 917-9111 Office Contact: (860) 331-1510

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7 Baltic Rd

School District:Franklin School District
NameGradesDistance
Franklin Elementary School, Franklin, CT
206 Pond Rd., Franklin, CT 06254
PK-82.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7 Baltic Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/15/2026
Listed
$488,000
261.48%
MLS
1/30/2024
Sold
$135,000
—
Public Record
Get Price Alerts and Save Property
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 for 7 Baltic Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,868
5%
$323,190
—
2023
$6,545
23%
$323,190
39%
2023
$5,325
—
$231,810
—
2022
$5,325
—
$231,810
—
2021
$5,325
-1%
$231,810
—
2020
$5,383
-2%
$231,810
—
2019
$5,499
—
$231,810
9%
2018
$5,477
2%
$212,940
—
2017
$5,370
—
$212,940
—
2016
$5,370
2%
$212,940
—
2015
$5,264
—
$212,940
—
2014
$5,264
-22%
$212,940
-32%
2011
$6,788
—
$315,140
—
View All
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 for 7 Baltic Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by CENTURY 21 Shutters & Sails, Richard Bates

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7 Baltic Road, Franklin, CT 06254 (MLS# 24171519) is a Commercial property. 7 Baltic Road is currently listed for $488,000 and was received on May 15, 2026. Want to learn more about 7 Baltic Road? 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.

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