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$1,850,000 Just Listed
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Property Description
This transformative site is located on quaint street lined with early 1900s properties in the Historic Saugatuck area of Westport. One block away from train station I-95. Adjacent to the recently developed Saugatuck Center and Saugatuck River with restaurants, Cafes and luxury residential. Potential to acquire adjacent 19 Ketchum that is fully occupied as well as 31 Franklin. Please do not walk properties as they are occupied. Rent roll available upon request.
Full Property Details
Full Property Details for 31 Franklin St
General
- Price: $1,850,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24148755
- Updated: 1/14/2026
- Added to Site: 5 day(s) ago
Interior
- Flooring: Concrete, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Location
- County: Fairfield
- Neighborhood: Saugatuck
- Driving Directions: gps
Community
- Community Name: Saugatuck
Heating & Cooling
- Cooling Type: Central Air, Window Unit
- Heating Type: Baseboard, Hot Air, Other, Gas In Street, Oil
- Heating Fuel: Gas In Street, Oil
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas
Structural Information
- Roof: Asphalt Shingle, Built Up
- Square Feet: 4,196
- Sq. Ft. Source: Approximate
- Living Area: 1,716 Sq. Ft.
- Current Bldg. Use: office and residential
- Office: 2,480 Sq. Ft.
- Year Built: 1900
Unit Information
- # Tenants: 3
Unit 1
- Unit Description: 4+Bedrooms
- Total Bathrooms: 3
- Partial Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.2
- Frontage: Municipal Street
- Present Use: office and residential
- Potential Use: Redevelopment residential
- Zoning: RORD2
- Lot Description: Zero Lot Line, Level Lot
Financial Considerations
- Assessment Amount: $720,000
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Photo/Survey, Plot Plan/Survey
- Property ID: 416890
Listed by Ogents, LLC, Peter Lane
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Schools
Schools serving 31 Franklin St
School District:Westport School District
| Name | Grades | Distance |
|---|---|---|
King's Highway Elementary School 125 Post Road West, Westport, CT 06880 | K-5 | 1 mi |
Coleytown Middle School 255 North Avenue, Westport, CT 06880 | 6-8 | 4 mi |
Staples High School 70 North Avenue, Westport, CT 06880 | 9-12 | 3.2 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 31 Franklin St
Date
Details
Price
Change
Source
1/10/2026
Listed
$1,850,000
254.07%
MLS
1/12/2016
Sold
$522,500
—
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 31 Franklin St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,579
1%
$720,000
—
2023
$13,406
1%
$720,000
—
2023
$13,212
2%
$720,000
—
2022
$13,010
—
$720,000
—
2021
$13,010
3%
$720,000
-5%
2020
$12,631
-1%
$755,900
—
2019
$12,744
—
$755,900
—
2018
$12,744
—
$755,900
—
2017
$12,744
—
$755,900
—
2016
$12,744
-7%
$755,900
—
2015
$13,680
1%
$756,200
—
2014
$13,566
-1%
$756,200
—
2011
$13,665
—
$756,200
—
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 31 Franklin St
31 Franklin Street, Westport, CT 06880 (MLS# 24148755) is a Commercial property. 31 Franklin Street is currently listed for $1,850,000 and was received on January 10, 2026. Want to learn more about 31 Franklin Street? Do you have questions about finding other Commercial real estate for sale in Westport? You can browse all Westport real estate or contact a Coldwell Banker agent to request more information.

