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INVESTMENT HIGHLIGHTS
- Total Size: ±1.68 acres
- Traffic Counts: Over 7,500 vehicles per day
- Location: Easy access to Route 2 and other major regional thoroughfares
- Zoning: General Commercial (GC) – wide range of commercial uses permitted
- Retail Synergy: 0.25 miles to Norwichtown Commons with major national retailers
EXECUTIVE SUMMARY
With a combined frontage that benefits from daily traffic counts exceeding 7,500 vehicles, the parcels present a compelling opportunity for developers, owner-users, or investors seeking a strategic site in one of Norwich’s most active commercial corridors. The site enjoys excellent synergy with the nearby Norwichtown Commons Shopping Center, just a quarter mile away, anchored by Stop & Shop and featuring national tenants such as Planet Fitness, Verizon, Jersey Mike’s, and Dollar Tree.
Key institutions like Backus Hospital (1 mile) and Norwich Free Academy (1.5 miles) further enhance the site’s desirability and traffic draw. Both properties are served by available utilities including water, electric, cable, phone, and propane, streamlining development and future tenancy potential.
14 Otrobando (0.67 acres) - $119,900
28 Otrobando (1.01 acres) - $119,900
Combined Pricing - $239,800
PROPERTY FACTS
| Price | $119,900 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.01 AC |
| Property Type | Land | ||
| Zoning | General Commercial (GC) - GC Zone - allowable commercial uses including but not limited to medical facilities, restaurants, auto sales, retail, offices, schools, and hotels. | ||
| Price | $119,900 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.01 AC |
| Zoning | General Commercial (GC) - GC Zone - allowable commercial uses including but not limited to medical facilities, restaurants, auto sales, retail, offices, schools, and hotels. |
1 LOT AVAILABLE
Lot
| Price | $119,900 | Lot Size | 1.01 AC |
| Price Per AC | $118,712.87 |
| Price | $119,900 |
| Price Per AC | $118,712.87 |
| Lot Size | 1.01 AC |
Two contiguous parcels totaling approximately 1.68 acres are available for sale in a high-visibility, high-traffic location at the intersection of Route 2 and Otrobando Avenue in Norwich, Connecticut. Positioned in the General Commercial (GC) zone.
DESCRIPTION
Nestled in southeastern Connecticut where the Yantic, Shetucket, and Quinebaug Rivers meet to form the Thames River, Norwich is a city rich in history and full of forward-looking investment opportunity. Known as “The Rose of New England,” Norwich was founded in 1659 and became a significant hub for manufacturing, trade, and shipbuilding in the 18th and 19th centuries. Today, remnants of its mill town roots are still visible through its historic architecture and revitalized neighborhoods, including the Downtown Historic District and Greeneville. Strategically located along Route 2 and near I-395, Norwich offers excellent access to major urban centers—just 40 minutes from Hartford, an hour from Providence, and two hours from both Boston and New York City. The city is also within reach of regional airports like Bradley International and T.F. Green. This connectivity, paired with freight rail access and a reliable public transportation system, supports both logistics and workforce mobility—important factors for real estate and business development. With a population of nearly 40,000 and inclusion in a broader metro area of over 270,000 people, Norwich has a diverse and steadily growing economy. Key industries include healthcare (led by Backus Hospital), education, manufacturing, and public sector employment. Retail, hospitality, and light industrial also play an important role in the commercial landscape. The city’s General Commercial zoning encourages a broad mix of uses, offering strong potential for retail, medical, office, and mixed-use development. Combined with attractive real estate pricing, existing infrastructure, and proximity to key institutions like Backus Hospital and Norwich Free Academy, Norwich stands out as a historically rich, accessible, and opportunity-filled market for investors and developers alike.
PROPERTY TAXES
| Parcel Number | NORW-000075-000001-000010 | Improvements Assessment | $0 |
| Land Assessment | $44,100 | Total Assessment | $44,100 |
PROPERTY TAXES
Presented by
28 Otrobando Ave
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