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485 E Main St 5,916 SF 100% Leased Retail Building Norwich, CT 06360 $348,980 CAD ($58.99 CAD/SF)
INVESTMENT HIGHLIGHTS
- Great investment opportunity.
- Great location in a growing market.
- The opportunities at this property are endless.
EXECUTIVE SUMMARY
BUSINESS OWNERS This is the one!!!!This ideal size warehouse presents an exceptional investment opportunity in the growing Norwich market. The flexible industrial zoning and prime location make this property attractive for businesses looking to expand operations or investors seeking a property with solid growth potential. Current use is subdivided storage with 5 tenant spaces, all month to month. The opportunities here are endless!!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,916 SF
Building Class
C
Year Built
1880
Price
$348,980 CAD
Price Per SF
$58.99 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.68
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
MF - multiple-family residential district that allows for a mix of medium-density housing. The goal of this zoning is to use land efficiently.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | NORW-000103-000004-000031 | Improvements Assessment | $119,770 CAD |
| Land Assessment | $51,230 CAD | Total Assessment | $171,000 CAD |
PROPERTY TAXES
Parcel Number
NORW-000103-000004-000031
Land Assessment
$51,230 CAD
Improvements Assessment
$119,770 CAD
Total Assessment
$171,000 CAD
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485 E Main St
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