Norwich CT - Office/Retail Building

Retail-Commercial for Sale
Catylist Listing ID: 28436777
Property Subtypes: Free-Standing Building
Building Size (RSF): 2,584 SF
Gross Building Area: See Agent
Gross Land Area: 0.17 Acres
Sale Price: $127,500
Unit Price: $49.34 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/15/2018

Overview / Comments

2,584 SF total. 1,181 SF of Office/Retail on 1st floor. 766 SF on 2nd floor. On Busy Route 12. Good Location - at Boswell Ave intersection. Zoned GC (General Commercial) allows apartment use on 2nd floor. 10,100 cars per day. Public water & sewer. Priced to sell with Motivated seller. 0.17 Acre lot. Central. Heating: Oil / Forced Air. Central AC. Presently leased month to month. Existing tenant pays $1,000/mo.. Tenant has been there 11 years. Frontage: 88 Ft. Off-street parking in front of building.

Additional Details

Nearest MSA: Norwich-New London
County: New London
Traffic/Vehicle Count: 10,100
Highway Access: I-395
Area Description: At the intersection of Route 12 and Boswell Ave.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,818 SF
Total Parking Spaces: 10
Parking Type: Surface

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,052 37,217 61,019
Median Age: 33.9 37.79 39.49
Households: 2,309 15,165 24,555

Contact

Photograph of Listing Agent

Ronald E. Lyman

Lyman Real Estate
The information presented herein is provided as is, without warranty of any kind. Neither Greater Hartford Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.