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$ 478,000
Est. payment | /mo
1 Bath
2,430 SqFt
$ 478,000
Est. payment | /mo
1 Bath
2,430 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,430 sqft
Price per Sqft $196
MLS Listing ID 24135722
Full Baths 1
Year Built 1900
Annual Tax Amount $8,194
Property Description
Unbeatable Commercial & Investment Opportunity in Norwich's Busiest Corridor. Discover an exceptional commercial property positioned at the heart of it all, offering unparalleled convenience and visibility. The property enjoys a premier spot directly next to Starbucks, opposite McDonald's, just one minute from I-395 on-ramps, and only three minutes from Walmart. This high-traffic location ensures maximum exposure and easy access for both commercial clients and short-term rental guests, making it a standout investment. The property is expertly configured for optimal revenue generation across its three levels: First Floor: Premium Commercial Office Space. The street-level floor features professional, wheelchairs-accessible office space, perfect for a law or accounting firm, medical or dental office, therapy practice, nail salon, or any retail business. Its prominent position puts your business directly in front of the steady daily flow of traffic on Salem Turnpike. Second & Third Floors: High-Yield Short-Term Rental Units. The upper floors are dedicated to two separate apartments with 2 bedrooms and 1 full bath, fully permitted and optimized as Airbnb and short-term rental units. Their proximity to major highways. Ample Parking: Shared driveway with approximately 16+ parking spaces and one-car detached garage. This is a rare opportunity to acquire a turnkey, income-producing asset in the most convenient and active commercial area of norwich. Schedule your private viewing.
Location
State CT
County New London
Zoning commercial
Interior
Heating Gas on Gas
Cooling Central Air, Split System
Exterior
Utilities Available Electric Available, Gas
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Ivy Ong • RE/MAX Heritage
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Edmond Albano III
Broker-Associate, CBR | Lic# 10301212106