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524 East Main Street, Norwich, CT 06360 Mixed Use Investment Property For Sale

$340,000 $59.36 / SF
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360
524 East Main Street, Norwich, CT 06360

For Sale Details

$340,000
$59.36 / SF
  • Property Type Multifamily, Mixed-Use, Retail
  • Sale Type Investment
  • Status Expired
  • Created 04/22/21
  • Updated 05/24/21

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.