Log In/Sign Up
Your email has been sent.
West Town Street Professional Center 200 W Town St 4,270 SF Office Building Norwich, CT 06360 $499,000 ($116.86/SF) 12.63% Cap Rate
INVESTMENT HIGHLIGHTS
- High-visibility Bean Hill neighborhood of Norwich, CT.
- Positioned just off Route 2 and I-395 with approximately 127 feet of frontage.
- Positioned just off Route 2 and I-395 with approximately 127 feet of frontage, this highly visible and well-maintained property.
EXECUTIVE SUMMARY
Prime Investment Opportunity in Thriving Norwich Corridor! Unlock the potential of this 4,280 SF, three-story commercial building located in the high-visibility Bean Hill neighborhood of Norwich, CT. Positioned just off Route 2 and I-395 with approximately 127 feet of frontage, this highly visible and well-maintained property offers excellent long-term value for investors and owner-users alike. Built in 1870 and thoughtfully updated for modern use, the building features 24 paved parking spaces, a spacious and professional interior layout, with 18 offices, a total of 3 bathrooms, an ADA-compliant bathroom on the first floor. The flexible NC zoning allows for a wide range of commercial uses including therapy, medical, legal, financial, or creative agency space. With clean curb appeal, accessible design, and proximity to major transit routes, medical centers, and downtown Norwich, this property is a strong contender in an appreciating commercial corridor.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,270 SF
Building Class
C
Year Built
1870
Price
$499,000
Price Per SF
$116.86
Cap Rate
12.63%
NOI
$63,048
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
2,135 SF
Slab To Slab
8’
Building FAR
0.14
Lot Size
0.72 AC
Zoning
NC
AMENITIES
- Central Heating
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | NORW-000058-000002-000024 | Improvements Assessment | $152,700 (2025) |
| Land Assessment | $191,500 (2025) | Total Assessment | $344,200 (2025) |
PROPERTY TAXES
Parcel Number
NORW-000058-000002-000024
Land Assessment
$191,500 (2025)
Improvements Assessment
$152,700 (2025)
Total Assessment
$344,200 (2025)
1 of 47
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
West Town Street Professional Center | 200 W Town St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.