For Sale Details

$899,000
$140.64 / SF
  • Property Type Other, Multifamily
  • Sale Type Owner-User, Investment
  • Status Closed
  • Created 04/07/22
  • Updated 08/09/23
  • Closed On 08/02/23
  • Closing Price $825,000

About 90 Broad Street, Norwich, CT 06360

REDUCED! Assisted living facility known as Crestwood Manor is for sale. State licensed 12 unit, 22 bed, 9 BA assisted living facility serving Medicaid recipients. Can be converted to other uses. The two-story building, 6,392sf, has first floor as ADA compliant. Very well maintained sprinklered facility with new whole building UPS system (generator), newer electrical and mechanical, roofing, siding, and exterior grounds improvements. Built 1870 with multiple renovations. Quiet location near a bus route, a nursing home, and Backus Hospital. Zone MF Multi Family. Taxes $16,387 and Assessed Value $336,900. Located on 0.57 acres with 162’ road frontage on Broad St and 152’ road frontage on Rockwell St. Oil heat with steam and public natural gas for the UPS. Public water and sewer. Individual A/C units. $899,000.

PERMITTED USES: Multi Family, 2 Family, Community Gardens, Commercial Farms, Public Recreation, Open Space, Public utilities, Solar…

DIRECTIONS: I-395 S Exit 13 or I-395 N Exit 13A. To to Route 2 East. 1.1 miles to Washington St. Follow Washington St. 0.5 miles slight left onto Broadway 0.4 miles then left on Broad St. On left.

Building Details

  • Tenancy: Owner User
  • Building Area (SF): 6,392
  • Year Built: 1870
  • Sprinkler: Yes
  • Number of Units: 12
  • Number of Stories: 2
  • Number of Buildings: 1
  • Building Class: B

Land Details

  • Parking Count: 6
  • Acreage: 0.57
  • Gas: Yes
  • Sewage System: Public Sewer
  • Water System: Public Water

Documents for 90 Broad Street, Norwich, CT 06360

90 Broad St BROCHURE.pdf

The Other, Multifamily property at 90 Broad Street, Norwich, CT 06360 is currently available for sale. Contact Jeff Brewer from Pequot Commercial for more information.