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Faits saillants de l'investissement
- Redevelopment - Ideally Suited for Mixed-use Conversion
- Located in Downtown Norwich Directly Adjacent to the historic Otis Library
- Regional Appeal & Proximity to Mohegan Sun, Foxwoods Casino, Electric Boat & Hartford Healthcare
- 30,179 SF 5-Story Office Building for Sale
- Surrounded by Restaurants, Coffee Shops, Professional Offices, Retail Establishments & Civic Amenities
- Access to Highways Route 2 / 32 and I-395
Résumé de l'annonce
Downtown Norwich Redevelopment Opportunity | Mixed-Use Residential Conversion Potential
Unlock the potential of one of Downtown Norwich's landmark commercial properties. Located at 257 Main Street, this 30,179 SF, five-story office building presents an exceptional opportunity for developers and investors seeking a transformative adaptive reuse project. Ideally suited for a mixed-use redevelopment, the property offers the potential to convert the upper floors into residential apartments or condominiums while activating the street level with retail, restaurant, or service-oriented commercial space. Its prominent downtown location supports a walkable live-work-play environment and positions the asset to capitalize on the continued revitalization of Norwich's urban core.
The building is surrounded by restaurants, coffee shops, professional offices, retail establishments, and civic amenities, and sits directly adjacent to the historic Otis Library, creating an attractive setting for future residents and businesses alike. The property's regional appeal is further strengthened by its proximity to several of Southeastern Connecticut's largest employment and tourism drivers, including Mohegan Sun, Foxwoods Resort Casino, Electric Boat, and Hartford HealthCare, providing a strong foundation for residential demand and long-term investment.
Whether envisioned as apartments with ground-floor retail, a boutique hospitality concept, or another creative mixed-use redevelopment, 257 Main Street represents a rare opportunity to reposition a substantial downtown asset in one of Connecticut's historic city centers.
Unlock the potential of one of Downtown Norwich's landmark commercial properties. Located at 257 Main Street, this 30,179 SF, five-story office building presents an exceptional opportunity for developers and investors seeking a transformative adaptive reuse project. Ideally suited for a mixed-use redevelopment, the property offers the potential to convert the upper floors into residential apartments or condominiums while activating the street level with retail, restaurant, or service-oriented commercial space. Its prominent downtown location supports a walkable live-work-play environment and positions the asset to capitalize on the continued revitalization of Norwich's urban core.
The building is surrounded by restaurants, coffee shops, professional offices, retail establishments, and civic amenities, and sits directly adjacent to the historic Otis Library, creating an attractive setting for future residents and businesses alike. The property's regional appeal is further strengthened by its proximity to several of Southeastern Connecticut's largest employment and tourism drivers, including Mohegan Sun, Foxwoods Resort Casino, Electric Boat, and Hartford HealthCare, providing a strong foundation for residential demand and long-term investment.
Whether envisioned as apartments with ground-floor retail, a boutique hospitality concept, or another creative mixed-use redevelopment, 257 Main Street represents a rare opportunity to reposition a substantial downtown asset in one of Connecticut's historic city centers.
Faits sur la propriété
Type de vente
Investissement
Condition de vente
Projet de redéveloppement
Type de propriété
Bureau
Sous-type de propriété
Taille du bâtiment
30 179 pi²
Classe d’immeuble
C
Année de construction
1918
Prix
1 261 314 $ CAD
Prix par pi²
41,79 $ CAD
Location
Unique
Hauteur du bâtiment
5 étages
Superficie de plancher typique
6 462 pi²
Coefficient d’occupation des sols de l’immeuble
1,61
Taille du lot
0,43 AC
Zone de développement économique
Oui
Zonage
CC - Commercial
Commodités
- Affichage
1 1
Assez accessible à pied
40/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Relativement accessible en vélo
30/100
Impôts fonciers
| Numéro de lot | NORW-000102-000006-000030 | Évaluation des bâtiments | 2 183 388 $ CAD |
| Évaluation du terrain | 225 291 $ CAD | Évaluation totale | 2 408 680 $ CAD |
Impôts fonciers
Numéro de lot
NORW-000102-000006-000030
Évaluation du terrain
225 291 $ CAD
Évaluation des bâtiments
2 183 388 $ CAD
Évaluation totale
2 408 680 $ CAD
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Vidéos
Visite extérieure 3D Matterport
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Vue depuis la rue
Rue
Carte
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Présenté par
257 Main St
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