For Sale Details

$340,000
$59.36 / SF
  • Property Type Multifamily, Mixed-Use, Retail
  • Sale Type Investment
  • Status Active
  • Created 04/22/21
  • Updated 04/22/21

About 524 East Main Street, Norwich, CT 06360

Located on corner of Hamilton Ave. and East Main St, a very well maintained mixed use 5,728sf building with plenty of off-street parking. Total 0.25 acre. Three 1 bedroom apts and one 3 bedroom apt. Former pizza house on 1st floor needing renovation. Dry storage on 1st floor. All units separately metered. Priced to sell as investment. Zone MF Multi-Family Zone. Public Water/Sewer/ Elec heat. Taxes $7,800. 130’ road frontage on Hamilton Ave; and 187’ road frontage on East Main St. Built 1890 and renovated 2008. For Sale $340,000. Priced to sell as investment, projected NOI @ $33,000.

Permitted Uses: Food service

By Special Permit: Retail

Directions: I-395 Exit 9. Continue on Rte 2. Turn left on Rte 12 about 3 miles. Turn right at light, staying on Rte 12, then right onto E Main St (aka Rte 12). On left , corner of Hamilton Ave.


Building Details

  • Tenancy: Multitenant
  • Building Area (SF): 5,728
  • Year Built: 1890 - 2008
  • Number of Units: 4
  • Number of Stories: 3
  • Number of Buildings: 1
  • Building Class: B

Land Details

  • Parking Count: 10
  • Acreage: 0.25
  • Sewage System: Public Sewer
  • Water System: Public Water

Documents for 524 East Main Street, Norwich, CT 06360

524 E Main St BROCHURE.pdf

The Multifamily, Mixed-Use, Retail property at 524 East Main Street, Norwich, CT 06360 is currently available for sale. Contact Norman Peck from Pequot Commercial for more information.