554 Pond Road Franklin, CT $ 375,000
554 Pond Road
$ 375,000
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554 Pond Road

Franklin, CT, 06254
$ 375,000
Bedrooms-- Baths1.1

Monthly Estimate*

$ 2,309

554 Pond Road, Franklin, CT 06254 - Image 1

Commercial Property for sale in Franklin, CT

for $375,000 with 1 full bath, 1 half bath. This building was built in 1950 on a lot size of 0.42.

554 Pond Rd is a commercial building built in 1970 on .42 acres. It is C2 zoning and has an upgraded 200 amp electrical system (2024), private well and septic system and a new roof (2024). Daily traffic is 2,037 vehicles with 11,164 vehicles on Rt 32 about 1/4 mile. The commercial building has 13 bays plus an office and is a great opportunity for commercial rentals, Last market valuation was $294,000 and current CMA $298,060. WHAT's GREAT. Across the street is a separate deeded property 557 Pond Rd on 5.49 acres of open land offering an excellent low cost high cash flow self storage facility. No need for water, septic, heat. Electricity available for lighting and security. Demand is high. Pond on rear of the property. Last market value was $193,500 and current CMA $193,500. Combined market value is $481,560. for both properties. Great asking price of $375,000. Offers on one or both properties is available. Possible some limited owner financing. BRING ALL OFFERS.

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Commercial Active

Price

$ 375,000

Full Bath

1

Half Bath

1

Property Type

Commercial

Taxes

$ 4,373

Style

Lot Size

0.42

Year Built

1950

Town/City

Franklin

MLS | Web ID

24177503

Features
General
Zoning C-2
Neighborhood North Franklin
County New London
Tax Year July 2025-June 2026
Location Rural
Property Type Commercial For Sale
Status Active
Acres 0.42
Directions Rt 2 then onto Rt 32 north to Pond Rd on left in North Franklin
City Franklin
Sq Ft Total 0
DOM 1
Year Built 1950
Present Use Automotive - trucking company
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Interior
Utilities Available Electric
Cooling System None
Total Number of Units 13
Flooring Concrete
Total Rooms 0
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Exterior
Water Source Private Well
Lot Description Level Lot
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* Excluded Features
List By
Ernie Lacore

Listing Agent

Compass Connecticut, Llc

Broker

ernie.lacore@compass.com

Email

Affordability Calculator

$2,673
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,309
Monthly Property Taxes
$364
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2026$375,000 Listed Price

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554 Pond Road, Franklin, CT, 06254 is a Commercial Property for sale at $375,000 with a lot size of 0.42. 554 Pond Road has 1.1 baths and was built in 1950. The property's zip code is 06254 which is in Franklin, CT