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Propose Gas Station Site 558 W Main St 9,000 SF Retail Building Norwich, CT 06360 $750,000 ($83.33/SF)
Investment Highlights
- Possible Gas Station, Car Wash, Package Store, Retail Location
- Federal Tax Benefits in Opportunity Zone
- 17,300-traffic count, on .65 acres with 180 feet of road frontage
Executive Summary
Great Location for a gas station. Federal Tax Benefits In Opportunity Zone Possible Gas Station, Car Wash, Package Store, Retail location. 9756 SF on .65 acres with 180 feet of road frontage and a 17,300-traffic count on West Main, (CT RT 82).
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,000 SF
Building Class
C
Year Built
1962
Price
$750,000
Price Per SF
$83.33
Tenancy
Single
Building Height
2 Stories
Building FAR
0.32
Lot Size
0.65 AC
Opportunity Zone
Yes
Zoning
GC/R20 - General Commercial
The property is in a federal Opportunity Zones
Parking
20 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
180’ on West Main
Amenities
- Pylon Sign
Space Availability
- Space
- Size
- Space Use
- Position
- Available
No cannabis, smoke shops or convenience stores
Stairs and a conveyor belt
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,000 SF | Retail | - | Now |
| 2nd Floor | 4,000 SF | Retail | - | Now |
1st Floor
| Size |
| 5,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 4,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 5,000 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
No cannabis, smoke shops or convenience stores
2nd Floor
| Size | 4,000 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Stairs and a conveyor belt
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | NORW-000108-000003-000052 | Improvements Assessment | $404,000 |
| Land Assessment | $180,000 | Total Assessment | $584,000 |
Property Taxes
Parcel Number
NORW-000108-000003-000052
Land Assessment
$180,000
Improvements Assessment
$404,000
Total Assessment
$584,000
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