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Property Description
The Thayer Building is a four-story, historic 1915 office building reimagined in 2006 as contemporary urban living, offering 29 apartments over activated ground-floor office and retail spaces in the walkable core of the city's historic district. This building blends historic charm with modern functionality and is situated in a premier downtown location, right on Franklin Square. 16 Franklin Street offers the perfect combination of visibility and convenience for your business. There is the added benefit of being within easy walking distance of popular restaurants, a coffee shop, and other urban amenities. This highly-visible office space presents an exceptional opportunity for attorneys and/or professional service providers, such as financial advisors, CPAs, insurance brokers, mortgage brokers/loan officers, therapists, etc. This highly-visible retail/flex space presents an exceptional opportunity for anyone looking to operate a retail business - perfect for a store, fitness studio, art studio, nail salon, barber/hair salon, pet grooming, gift shop, etc. The current space is a blank slate, ready for your vision. There are two spaces available for lease: * 1 is fully built-out office space (former law office) - 1,700 SF * 2 is a shell with very high ceilings - 1,200 SF.
Full Property Details
Full Property Details for 16 Franklin St
General
- Price: $10
- Status: Active
- Type: Commercial Lease
- Source: SMARTMLS
- MLS ID: 24143265
- Updated: 12/19/2025
- Added to Site: 80 day(s) ago
Rental Information
- Lease/Rent Term: Negotiable
- Lease Terms: Per SqFt/Per Year
Interior
- Interior Features: Window Display
- Flooring: Concrete, Tile, Wood
Exterior
- Exterior Features: Door Sign
Location
- County: New London
- Driving Directions: As per GPS.
- Traffic Count: 16000
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Steam, Oil
- Heating Fuel: Oil
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric
Structural Information
- Roof: Rubber, Tar/Gravel
- Square Feet: 49,481
- Sq. Ft. Source: Public Records
- Office: 1,700 Sq. Ft.
- Retail: 1,200 Sq. Ft.
- Year Built: 1915
Lot Features
- Lot Size (Acres): 0.4
- Frontage: Municipal Street
- Zoning: CC
Financial Considerations
- Tenant Pays: All Utilities
Disclosures and Reports
- Documents Avail.: None
- Property ID: 2031982
Listed by Berkshire Hathaway NE Prop., The Michelle Collins Team, Liz Mattern
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Schools
Schools serving 16 Franklin St
School District:Norwich School District
| Name | Grades | Distance |
|---|---|---|
John M. Moriarty School 20 Lawler Lane, Norwich, CT 06360 | K-5 | 3.3 mi |
Kelly Middle School 25 Mahan Drive, Norwich, CT 06360 | 6-8 | 1.5 mi |
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 16 Franklin St
Date
Details
Price
Change
Source
12/11/2025
Listed
$10
—
MLS
Disclaimer: Historical sales 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 16 Franklin St
16 Franklin Street, Norwich, CT 06360 (MLS# 24143265) is a Commercial Lease property. 16 Franklin Street is currently listed for $10 and was received on December 11, 2025. Want to learn more about 16 Franklin Street? Do you have questions about finding other Commercial Lease real estate for sale in Norwich? You can browse all Norwich real estate or contact a Coldwell Banker agent to request more information.

