685 Route 32
Franklin, Connecticut 06254
- Beds
- 1
- Baths
- 1 | 1
- SqFt
- 1,144
- Acres
- 1.00
- Year Built
- 2021
- Property Type
- Single Family

Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Rare Live-Work Opportunity - Available as Real Estate Only or Complete Turnkey Business. A truly unique opportunity to own one of Eastern Connecticut's premier mixed-use properties. Whether you're looking for a highly visible commercial property with on-site living or an established, profitable business, this property offers exceptional flexibility. The commercial portion is currently home to a long-established industrial gas distribution business serving welding, industrial, medical, and beverage gas customers throughout the region. The facility is well-equipped with loading docks, three oversized bay doors, ample warehouse space, generous parking, and outstanding visibility along a high-traffic corridor. The attached residential component features a spacious, open floor plan, ranch-style home with convenient one-level living and a partially finished basement that was previously licensed and operated as a daycare, providing additional flexibility for office space, home business, recreation, or extended family living. A detached barn/garage with loft offers even more storage, workshop, or equipment space.
Key Facts
- City/Town
- Franklin
- Neighborhood
- N/A
- Property / Style
- Single Family · Ranch
- Year Built
- 2021
- Days on Market
- 0 days
- Beds
- 1
- Baths
- 1 full · 1 half
- Living Area
- 1,144 sq ft
- Lot Size
- 1.00 acres
- Garage / Parking
- 1 garage · 15 total
- Property Taxes
- $7,183 / Annually
Market Snapshot
The Franklin Market
Single Family · trailing 12 months
Active Listings
7
4 under contract
Median List Price
$380,000
7 active listings
Median Closed Price
$440,000
15 sales
Median Days on Market
56
7 active listings
Median $ / Sq Ft
$234
7 active listings
Sale-to-List Ratio
101.1%
15 sales
How this home compares
List Price
$660,000
vs $380,000 median
73.7% above median
Price / Sq Ft
$577
vs $234 median
2.5× the median
Days on Market
0 days
vs 56 days median
56 days fresher than median
Based on 7 active and 15 closed sales (trailing 12 mo) of single family in Franklin. Source: SmartMLS · As of August 12, 2026.
Location
685 Route 32, Franklin, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 6, 2026per month
- Principal & Interest$3,404
- Property Taxes$599
- Insurance$220
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Franklin
- Neighborhood
- N/A
- County
- New London
Residence
- Property Type
- Single Family
- Style
- Ranch
- Year Built
- 2021
- New Construction
- No/Resale
- Living Area
- 1,144 sq ft
Schools
- Elementary
- Franklin
- High
- Per Board of Ed
Interior
- Heating
- Heat Pump
- Heat Fuel
- ElectricSolar
- Cooling
- Ductless
- Laundry
- Lower Level
- Laundry Location
- basement
- Appliances
- Oven/RangeMicrowaveRefrigeratorWasherDryer
- Basement
- FullPartially Finished
Exterior & Lot
- Lot Size
- 1.00 acres
- Zoning
- C-1
- Garage / Parking
- 1 garage space15 total parking spacesDetached GarageOff Street Parking
- Waterfront Details
- Not Applicable
- Water Source
- Private Well
- Sewer
- Septic
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Lot Description
- Level LotCleared
Listing & Financials
- Property Taxes
- $7,183 / Annually
- Days on Market
- 0
- MLS #
- 24193276
- MLS Status
- Coming Soon
Similar Properties
Homes with a close match in area, property type, and price.
Co-Listed By
Nicholas Brisson
Coldwell Banker Realty
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 8/12/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 8/12/2026 at 10:20 PM UTC.