You were busy on this one Rob. Lots to colorize. Once again your work is impeccable.
Offhand I would say this was a bus or trolley stop and everyone was waiting. If it is due at 5:00pm, it should be there anytime.
One lady appears to have just got off work, another lady has been shopping and the two girls have been to school. One is really looking at the photographer.
This is probably located in Southington or Plantsville, Connecticut. I was interested in Joseph A. DePaolo, Jr. I found his Obituary here. I think it is good that you gave him some recognition after all these years.
Excellent work once again.

TicK

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I would say Tick has it right re: everyone's presence in the scene...a really cool and nostalgic picture...excellent coloring and love the old store and advertising...faved.

This is perfectly done, and a fave for me. tigs=^..^=

I see Hood's ice cream ad centered above the clock. Hood's is quite a success story on the east coast and is doing very well with sales above 2 billion dollars last year.

I think the lady dressed in white is about to pull a gun from her purse and go into Oxley's and commit a robbery. The only thing slowing her down is that she cannot find the door!

Rob, Tick qualified your colorization work as impeccable. I agree with him for more than 100%. On the other hand I like to qualify his done research as impeccable too, because I realize that non USA-citizens couldn't do this that way, because 'foreigners' like us have a lack in understanding completely what was the intention of the photographer.
Perfect addition to you huge collection of colorized antique photographs, 👍 !

The Red Light district sure looks different in the daylight. It was a skilled touch bringing it back to life too. The colors work well together and appear authentic, not gaudy or period incorrect. The crispness of the shot really helps too, kudos to the photographer. Together your talents make this a picture window on the street, rather than a forgotten relic. One of your best restorations yet.

This photo is from a town not far from where I live. Years ago, the drug store closed and the building was torn down. Photos of the interior show an old-fashioned shop that carried almost everything, on shelves nearly to the ceiling. The middle school in the town is named after the person whose name can seen in the windows on the second floor in this photo.
More great work, Rob!

Very well done, interesting scene, am impressed that Thad was aware of the location and some of the history of this town...imagine, what are the odds? Not sure how you select the colors and tones, but my goodness, it is perfect.