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Route 32

Franklin, CT 06254
  • $495,000
  • STATUS: Active Under Contract
  • ON SITE: 161 Days
  • MLS #: 24058563
Under Contract
UPDATED: 35 min ago
$495,000
  • 0
    BEDS
  • 9.54
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:
Area:

School Ratings & Info

Description

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.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc. Data last updated: 2025-04-18T21:09:55.213.
www.nextlvlteam.com/homes/157640954
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Route 32 Franklin, CT 06254

  • Price: $495,000
  • Status: Active Under Contract
  • On Site: 161 Days
  • Updated: 35 min ago
  • MLS #: 24058563
0
Beds
0
Baths
0
½ Baths
9.54
Acres
County:
New London
Area:
Franklin
Property Description
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.
Exterior Features

Lot Description Level LotCleared Road Frontage Description State Road Roof Information Not Applicable

Interior Features

Cooling System None Heat Type No Heat Sq Ft Total 0

Property Features

Additional Space Available YN No Agent Owner YN No Bank Owned Property No Business Included YN No Complex Flex Center (395/2) Gross Annual Expense 5000 Gross Annual Income 48000 Home Owners Assocation No Location Highway Access Net Operating Income 43000 Potential Short Sale No Potential Use Storage/building Present Use Storage Sewage System Public Sewer In Street Subdividable YN No Tax Year July 2024-June 2025 Utilities Available None/Unknown Water Source Public Water In Street Zoning C-2

Listing information © 2025 Smart MLS
Listing provided courtesy of Jon Arruda of William Pitt Sotheby's Int'l: (860) 536-5900.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc. Data last updated: 2025-04-18T21:09:55.213.
 
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Next Level Team of RE/MAX ONE
212 Route 32
Uncasville CT, 06382