For Lease
$264/SF/YR

575 Norwich AveNorwich, CT 06380

5,000 sq ft, renovated, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 5,000-square-foot free-standing building, completely renovated in 2024, presents a unique opportunity for a restaurant in Taftville, Connecticut. Situated directly across from the Ponemah Mills Complex, this two-story property benefits from its central location within a thriving redevelopment project. The Ponemah Mills redevelopment includes over 600 new apartments (Phases 1 & 2 completed or under construction), creating a substantial built-in customer base. The building's historical charm has been meticulously preserved during its recent renovation, offering a blend of character and modern amenities. Its convenient location, less than half a mile from I-395 and under five miles from downtown Norwich, ensures excellent accessibility. Furthermore, its proximity to the major casinos, Foxwoods and Mohegan Sun, and the expanding Electric Boat facility in Groton, contributes to a robust and growing regional economy, fueling increased demand for housing and local amenities. The property is part of the New London metropolitan area, known for its cultural attractions, top-rated beaches, and diverse residential and commercial zones. Flexible lease options and competitive rates are available to support new businesses. This is an unparalleled opportunity to establish a thriving restaurant in a dynamic and rapidly developing community.

Highlights

  • Prime Ponemah Mills location, directly across from the complex.
  • 5,000 SF free-standing, two-story building, historically renovated, ideal for restaurants.
  • Part of a revitalized area with 600+ apartments within walking distance, creating a strong customer base.
  • Convenient to I-395, downtown Norwich, Foxwoods, and Mohegan Sun casinos.
  • Near Electric Boat, a major employer driving regional economic growth and increased housing demand.
  • Located in the New London metro area, offering cultural attractions and top-rated beaches.

Property Details for 575 Norwich Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
5,000 SF
Year Built/Renovated
1900/2024
Buildings
1
Stories
2

Unit(s) available at that property

Space
Size
5,000 SF
Rate per SF
$264

Location Insight

City
Norwich
County
New London
State
Connecticut
Latitude
41.5680046
Longitude
-72.0472232
575 Norwich Ave, Norwich, Connecticut

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575 Norwich Ave
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