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$450,000

  • For Sale
  • Active
  • Commercial
See This Home
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See This Home
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Wonderful investment opportunity with an A-rated international tenant that has 98 years left on lease. The current lot on Route 32 is cleared, flat, and completely secured and fenced. This lease location is being used as overflow storage by the company's main facility next door. The current tenant has just invested substantial capital into this location along with their main facility and acts as their only CT hub. This is a great and secure investment opportunity for any real estate portfolio.

Full Property Details for Route 32

General

  • Price: $450,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24058563
  • Updated: 11/26/2025
  • Added to Site: 506 day(s) ago

Location

  • County: New London
  • Complex: Flex Center (395/2)
  • Driving Directions: GPS friendly - fenced in with tractor trailers being stored.

Heating & Cooling

  • Cooling Type: None
  • Heating Type: No Heat

Utilities

  • Sewer: Public Sewer In Street
  • Water: Public Water In Street
  • Utility Description: None/Unknown

Structural Information

  • Roof: Not Applicable
  • Sq. Ft. Source: Approximate
  • Current Bldg. Use: Storage
  • Year Built: 1600

Lot Features

  • Lot Size (Acres): 9.54
  • Frontage: State Road
  • Present Use: Storage
  • Potential Use: Storage/building
  • Zoning: C-2
  • Lot Description: Level Lot, Cleared

Financial Considerations

  • Assessment Amount: $192,010
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Documents Avail.: Plot Plan/Survey
  • Property ID: 1477471

Listed by William Pitt Sotheby's Int'l, Jon Arruda

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Listing agent

— Route 32 —

  • Jon Arruda

    William Pitt Sotheby's Int'l

Agent Contact: (860) 574-5470 Office Contact: (860) 536-5900

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 Route 32

School District:Norwich School District
NameGradesDistance
Samuel Huntington School
80 West Town Street, Norwich, CT 06360
PK-51.6 mi
Kelly Middle School
25 Mahan Drive, Norwich, CT 06360
6-82.7 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 Route 32 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/30/2025
Price Reduced
$450,000
-9.09%
MLS
11/07/2024
Listed
$495,000
—
MLS
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 Route 32

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,690
5%
$173,670
—
2023
$3,517
21%
$173,670
37%
2023
$2,904
—
$126,440
—
2022
$2,904
—
$126,440
—
2021
$2,904
-1%
$126,440
—
2020
$2,936
-2%
$126,440
—
2019
$2,999
-4%
$126,440
5%
2018
$3,110
2%
$120,920
—
2017
$3,050
—
$120,920
—
2016
$3,050
2%
$120,920
—
2015
$2,989
—
$120,920
—
2014
$2,989
-22%
$120,920
-32%
2011
$3,831
—
$177,840
—
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 Route 32

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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 William Pitt Sotheby's Int'l, Jon Arruda

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Route 32, Franklin, CT 06254 (MLS# 24058563) is a Commercial property. Route 32 is currently listed for $450,000 and was received on November 07, 2024. Want to learn more about 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.

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