$269,900
●
Commercial -
For Sale
482 West Main Street
Norwich, Connecticut 06360
Studio
2 Baths,
1
Half Bath
1557 Sqft
$1,885
Estimated Monthly
$0
HOA / Fees
3.52%
Cap Rate
About This Property
Discover your ideal business location within this property's
confines. Featuring a total of 5 offices and 1.5 bathrooms, this
space offers ample room for your operations. The first floor
comprises 2 offices, entrance foyer, waiting area, kitchen and a
convenient half bathroom, while the second floor hosts 3 offices
along with a full bathroom. Nestled within the extremely busy
golden mile of West Main area in Norwich, this property enjoys a
bustling, high-traffic locale close to all amenities. Recent
upgrades include a new roof installed in July 2023 and a new boiler
fitted in 2021. Previously housing a lawyer's office, most of the
furniture remains, enhancing convenience. Offered for sale in its
current condition.Traffic count is over 20k per day. Approximately
1 mile to I-395. This property sits about 7 minutes to Mohegan Sun
Casino and about 15 minutes to Foxwoods Resort and Casino. Norwich
is definitely on the rise, with all of the development in
Southeastern Connecticut, prices will only continue to rise. This
is an opportunity to get in before you are completely priced out of
this incredible market. Act now, the price of regret is steep.
Unit Size
1,557Ft²
Days on Market
57 days
Land Size
0.21 acres
Price per sqft
$173
Property Type
Commercial
Property Taxes
$559
HOA Dues
-
Year Built
1932
Listed By
Last updated: 4 days ago (Smart MLS #170623910)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 1, 2024 | Listed by Riverview Realty, LLC | $269,900 | |
Listed by Riverview Realty, LLC |
Property Highlights
Parking Details
Garage Features: None, Off Street Parking, Parking Lot
Total Parking Spaces: 8
Interior Details
Bathroom Information
Full Bathrooms: 1
Half Bathrooms: 1
Total Bathrooms: 2
Interior Information
Interior Features: Security System
Square Feet Source: Public Records
Exterior Details
Property Information
Road Frontage: Municipal Street
Year Built: 1932
Building Information
Foundation Type: Concrete
Roof: Asphalt Shingle
Exterior: Sidewalk, Pole Sign
Financial Details
Property Tax: $6,707
Tax Year: July 2023-June 2024
Assessed Value: $137,900
Utilities Details
Cooling Type: Window Unit
Heating Type: Steam
Heating Fuel: Oil
Sewage System: Public Sewer Connected
Water Source: Public Water Connected
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
3
Beds
1
Bath
1,485 ft²
$155/ft²
$230,000
Aug 10, 2023
$230,000
Sep 19, 2023
$318/mo
Sold
House
3
Beds
2
Baths
1,595 ft²
$191/ft²
$305,000
Jul 27, 2023
$305,000
Sep 26, 2023
$436/mo
Sold
House
3
Beds
2
Baths
1,345 ft²
$198/ft²
$266,500
Nov 12, 2023
$266,500
Dec 13, 2023
$269/mo
Sold
House
4
Beds
1
Bath
1,400 ft²
$174/ft²
$244,000
Oct 2, 2023
$244,000
Dec 5, 2023
$281/mo
Sold
House
3
Beds
2
Baths
1,357 ft²
$221/ft²
$300,000
Sep 15, 2023
$300,000
Jan 5, 2024
$285/mo
Sold
House
3
Beds
1
Bath
1,330 ft²
$189/ft²
$252,000
Aug 8, 2023
$252,000
Oct 31, 2023
$267/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
482 West Main Street
482 West Main Street, Norwich, CT 06360
- 1 Unit for Sale
About Norwich
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