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: |
10/26/2018 |
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 |
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 |
|
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