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61-65 Town St - Previously Approved Quick Service Restaurant 0.68 Acres of Commercial Land Offered at $795,000 in Norwich, CT 06360
Investment Highlights
- • Previously approved for a 2,750 SF Burger King with drive-thru lanes
- • Across from the Stop & Shop anchored shopping Center aka Norwichtown Commons
- • Traffic Count on Nearby Route 2 30,400 VPD
- • .71 acres in Neighborhood Commercial Zone
- • Public Water, Sewer, Gas
Executive Summary
Great visibility commercial lot situated at two lighted intersections along New London Turnpike and Town Street. Nearby retailers include Planet Fitness, Big Lots, Great Clips , Quest Diagnostics and Dollar Tree amongst others. Three Lots totaling .71 acres in Neighborhood Commercial Zone. Across from the Stop & Shop anchored shopping Center aka Norwichtown Commons. Previously approved for a 2,750 SF Burger King with drive-thru lanes. Public Water Sewer Gas
Property Facts
| Price | $795,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.68 AC |
| Property Type | Land | No. Stories | 2 |
| Zoning | NC - Neighborhood Commercial Zone | ||
| Price | $795,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.68 AC |
| No. Stories | 2 |
| Zoning | NC - Neighborhood Commercial Zone |
1 Lot Available
Lot
| Price | $795,000 | Lot Size | 0.68 AC |
| Price Per AC | $1,167,217.49 |
| Price | $795,000 |
| Price Per AC | $1,167,217.49 |
| Lot Size | 0.68 AC |
Three Lots totaling .71 acres in Neighborhood Commercial Zone. Across from the Stop & Shop anchored shopping Center aka Norwichtown Commons. Previously approved for a 2,750 SF Burger King with drive-thru lanes. Public Water Sewer Gas
Description
Traffic Count on Nearby Route 2 30,400 VPD
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $291,100 | |
| Land Assessment | $131,100 | Total Assessment | $422,200 |
Property Taxes
Parcel Numbers
Land Assessment
$131,100
Improvements Assessment
$291,100
Total Assessment
$422,200
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61-65 Town St - Previously Approved Quick Service Restaurant
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