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207 West Town Street, Norwich, CT 06360 Office bldg fully occupied For Sale

$249,000 $87.18 / SF
207 West Town Street, Norwich, CT 06360
207 West Town Street, Norwich, CT 06360
207 West Town Street, Norwich, CT 06360
207 West Town Street, Norwich, CT 06360
207 West Town Street, Norwich, CT 06360
207 West Town Street, Norwich, CT 06360
207 West Town Street, Norwich, CT 06360
207 West Town Street, Norwich, CT 06360
207 West Town Street, Norwich, CT 06360
207 West Town Street, Norwich, CT 06360

For Sale Details

$249,000
$87.18 / SF
  • Property Type Office / Professional
  • Sale Type Investment
  • Status Closed
  • Created 08/04/21
  • Updated 11/01/21
  • Closed On 10/29/21
  • Closing Price $212,000

About 207 West Town Street, Norwich, CT 06360

Fully leased office building for sale $249,000. Two story 2,856sf building just off I-395 in Norwich. Assessment $202,000; Taxes $8,555. Sound investment with six tenants. 8 Cap. Recent renovation. NOI at $21,000.

DIRECTIONS: I-395 S Exit 14 go left. I-395 N Exit 14 go right. Now on West Town street. On right.

Building Details

  • Tenancy: Multitenant
  • Building Area (SF): 2,856
  • Year Built: 1961
  • Number of Stories: 2
  • Number of Buildings: 1
  • Building Class: B

Land Details

  • Parking Count: 26
  • Acreage: 0.27
  • Sewage System: Public Sewer
  • Water System: Public Water

Financial Characteristics

  • Net Operating Income: $21,000
  • Cap Rate: 8%
  • Occupancy Percent: 100%

Documents for 207 West Town Street, Norwich, CT 06360

207 W Town St BROCHURE sale.pdf

The Office / Professional property at 207 West Town Street, Norwich, CT 06360 is currently available for sale. Contact Norman Peck from Pequot Commercial for more information.