Retail / Office / Shop / Restaurant bldg For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30367846
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Other
Building Size (RSF): 1,800 SF
Gross Land Area: 0.34 SF
Sale Price: $195,000
Unit Price: $108.33 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 2/20/2019

Overview / Comments

For Sale in Norwich – great retail space, currently a Sign shop. 1,800sf space. On 0.34 acres with off street and on-street parking. Recent renovations; move-in ready. Located in vibrant residential and commercial area. Excellent opportunity for numerous kinds of small businesses. $195,000. Zone NC Neighborhood Commercial.

PERMITTED USES: Retail, Office, Bank, Gym, Restaurant…

BY SPECIAL PERMIT: Day Care, Commercial Kennels, Research Lab…

DIRECTIONS: I-395 Exit 21. Take right onto Route 12 for about 1.4 miles. On corner of Main St and School St.

Attachments & Media

Additional Details

Nearest MSA: Norwich-New London
County: New London
Taxing Authority: Norwich
Zoning: NC NEIGHBORHOOD COMMERCIAL
Property Visibility: Good
Feet of Frontage: 85
Highway Access: I-395 2.5 miles
Airports: Groton / New London 16.8 miles
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,800 SF
Property Condition: Good
Year Built: 1957
Total Parking Spaces: 20
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: NC Neighborhood Commercial
Lot Frontage: 85
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,440 38,020 58,546
Median Age: 35.51 37.74 39.66
Households: 5,587 15,487 23,586

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