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.
Zoned commercial and currently being utilized as a car dealership this property may be used for other applications. It currently has an additional building lot which was already approved through planning and zoning, per the seller. Property currently has gas in street with water and sewer to follow.
The median home value in Franklin, CT is $280,000. This is lower than the county median home value of $320,100. The national median home value is $338,100. The average price of homes sold in Franklin, CT is $280,000. Approximately 79.1% of Franklin homes are owned, compared to 16.55% rented, while 4.34% are vacant. Franklin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Franklin real estate agent to arrange a tour today!
Franklin, Connecticut has a population of 1,835. Franklin is more family-centric than the surrounding county with 38.86% of the households containing married families with children. The county average for households married with children is 27.48%.
The median household income in Franklin, Connecticut is $89,948. The median household income for the surrounding county is $79,040 compared to the national median of $69,021. The median age of people living in Franklin is 41.9 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 16.3 degrees. The average rainfall is approximately 51.7 inches per year, with 32 inches of snow per year.