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243 Vergason Avenue Ext
Norwich, CT 06360
53% Occupied Warehouse/Flex/Industrial · Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • VALUE ADD OPPORTUNITY: Existing 57,000 SF Industrial, 53% Leased, Pro Forma NOI: $658,000 (Additional 60,000 SF Buildable)
  • Current majority tenant, American Systems, is highly coveted and delivers IT and engineering services to the community and nationwide.
  • Designed for convenience just off of Interstate 395, which connects Norwich to Hartford, Providence, and beyond.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 10.11 AC
Rentable Building Area 57,000 SF
No. Stories 1
Year Built/Renovated 1983/2000
Parking Ratio 6.19/1,000 SF
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 4
Zoning BP - Business
Parcel Number NORW-000034-000001-000015

AMENITIES

  • 24 Hour Access
  • Mezzanine
  • Security System
  • Signage
  • Air Conditioning

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating
  • Listing ID: 31251267

  • Date on Market: 3/18/2024

  • Last Updated:

  • Address: 243 Vergason Avenue Ext, Norwich, CT 06360

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