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78 Franklin St 4,110 SF of Retail Space Available in Norwich, CT 06360
HIGHLIGHTS
- Central downtown location with good access and parking. 480V 3-Phase Electric and other features provide great use flexibility.
- Interior rustic features make it perfect for a restaurant/bar or restaurant/brewery. Open plan with exposed brick wall and wood.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 4,110 SF | 10’ | 5 Years | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $86,058 CAD/YR $7,172 CAD/MO | Modified Gross |
1st Floor
Total Space for lease is 4,110 square feet between the First and Second Floor Tenant base rent is $5,200 per month plus $716 per month for real estate taxes, for a total cost per month of $5,916. Tenant is responsible for separately metered electric and natural gas and for contracted services including but not limited to cable.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Space In Need of Renovation
- Central Air and Heating
- Private Restrooms
- Freezer Space
- Secure Storage
- Emergency Lighting
- Finished Ceilings: 10’
- Basement
- Private Restrooms
- Hardwood Floors
- Smoke Detector
- Wheelchair Accessible
- Parking lot and bus stop near the property
- 480V 3-Phase electric available
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 78 FRANKLIN ST, NORWICH, CT 06360
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Connecticut School Of Bartending
- Educational Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Connecticut School Of Bartending | Educational Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 4,110 SF | Gross Leasable Area | 5,648 SF |
| Property Type | Retail | Year Built | 1865 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 7.08/1,000 SF |
| Total Space Available | 4,110 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,648 SF |
| Year Built | 1865 |
| Parking Ratio | 7.08/1,000 SF |
ABOUT THE PROPERTY
This restaurant space is available for lease at 78 Franklin Street in Norwich, CT. It was most recently operated by “These Guys Brewery” equipped and functioning as a Restaurant/Brewery. The space is historic. It opened in the 1860s as Andrew Wilson’s Saloon. It is documented as the oldest continuously operating Bar in CT. During Prohibition it was a Speakeasy serving the rich and famous of Norwich. In more recent years, it was a music venue with major rock stars performing, drinking and eating at the bar. A partial list includes Stevie Ray Vaugn, Matt Guitar Murphy of the Blues Brothers, members of Lynyrd Skynyrd, Allman Brothers, and Blue Oyster Cult as well as country rock and jazz musicians, Neil Young, Dave Van Ronk and New Riders of the Purple Sage. And, the bar itself was featured in “Everybody Wins” starring Nick Nolte and Debra Winger. Parking is among the best in downtown Norwich with 2 City-owned street lots adjacent to the property and two parking garages within one block of the restaurant. A bus line serving the entire City and areas South and North of the City passes by the front door. It is a great place for another Bar/Restaurant or Brewery with 2468sf of main floor restaurant/bar space, a 60-seat upper bar area, a 1,170sf service production space, a party room with 900sf space and direct access to the side parking lot and a summer 60-seat patio space. There is also a 12-seat sidewalk space with full liquor license. Licensed capacity is 170+/- patrons. There is also an unfinished 1,978sf basement working space with a lot of storage, and a 2nd level office space with storage area. 2025-2026 real estate taxes for this property are $11,663.46. The restaurant is equipped with 3-Phase power, new wiring, compressed air infrastructure and other capabilities required by a large craft brewery. Equipment in place includes: a 14’ hood, Ansul System with 2 walk-in coolers (8’x6’ & 12’x6’), a 6-burner gas stove, fryolator and all mechanicals in place. The neighborhood is up and coming, located next to Foundry 66, a co-working space incubator with 26 start-ups at work, the Chestnut Street Playhouse, ArtSpace Norwich, Donald L Oat Theater & Auditorium and City Hall. The Property Owner owns and operates The Connecticut School of Bartending LLC at 76 Franklin St on the 2nd floor of the main building.
- Restaurant
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
Presented by
Compass Connecticut LLC
78 Franklin St
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