Retail, Office and Multi-Family in Downtown Norwich
Retail-Commercial
for Sale
Sale Pending
| Catylist Listing ID: |
30587856 |
| Property Subtypes: |
Street Retail
|
| Status: |
Pending |
| Building Size (RSF): |
6,455 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$389,808 |
| Unit Price: |
$60.39 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/27/2021 |
Overview / Comments
|
Historic building in downtown Norwich. Great investment opportunity with 8% Cap rate. Total of 6,455 Sqft on .12 acres. Spaces for retail, office and apartments. Located in an opportunity zone.
|
Additional Details
| Nearest MSA: |
Norwich-New London |
| County: |
New London |
| Tax ID/APN: |
82 25 1 |
| Property Visibility: |
Fair |
| Traffic/Vehicle Count: |
5,010 |
| Tenancy: |
Multiple Tenants |
| Number of Stories: |
4 |
| Year Built: |
1742 |
| Zoning Description: |
CC |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,615 |
38,016 |
57,015 |
| Median Age: |
33.82 |
38.06 |
39.66 |
| Households: |
3,862 |
15,387 |
22,967 |
|
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