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Prime Retail Location 558 W Main St 9,000 SF Retail Building Norwich, CT 06360 $1,040,603 CAD ($115.62 CAD/SF)
Investment Highlights
- Possible Car Wash, Package Store, Retail Location
- Federal Tax Benefits in Opportunity Zone
- 17,300-traffic count, on .65 acres with 180 feet of road frontage
Executive Summary
Federal Tax Benefits In Opportunity Zone Possible Car Wash, Package Store, Restaurant, Retail location. 9756 SF on .65 acres with 180 feet of road frontage and a 17,300-traffic count on West Main, (CT RT 82).
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,000 SF
Building Class
C
Year Built
1962
Price
$1,040,603 CAD
Price Per SF
$115.62 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.32
Lot Size
0.65 AC
Opportunity Zone
Yes
Zoning
GC/R20 - General Commercial
The property is in a federal Opportunity Zones
Parking
20 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
180’ on West Main
Amenities
- Pylon Sign
Space Availability
- Space
- Size
- Space Use
- Position
- Available
No cannabis, smoke shops or convenience stores
Stairs and a conveyor belt
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,000 SF | Retail | - | Now |
| 2nd Floor | 4,000 SF | Retail | - | Now |
1st Floor
| Size |
| 5,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 4,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 5,000 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
No cannabis, smoke shops or convenience stores
2nd Floor
| Size | 4,000 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Stairs and a conveyor belt
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | NORW-000108-000003-000052 | Improvements Assessment | $556,348 CAD |
| Land Assessment | $247,878 CAD | Total Assessment | $804,226 CAD |
Property Taxes
Parcel Number
NORW-000108-000003-000052
Land Assessment
$247,878 CAD
Improvements Assessment
$556,348 CAD
Total Assessment
$804,226 CAD
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Prime Retail Location | 558 W Main St
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