Skip to main content

685 Route 32

Franklin, Connecticut 06254

COMING SOON - NEW$660,000
Beds
1
Baths
1 | 1
SqFt
1,144
Acres
1.00
Year Built
2021
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

Request a private showing and get Matt's read on price, condition, and next steps.

Call Matt
1-Car Garage

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

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

Property + 6 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,223

per 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.

Listed By

William Johnston

(860) 884-6444

Coldwell Banker Realty

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.