For Sale
$995,000

309 Otrobando Ave Norwich, CT 06360

Prime Norwich, CT Commercial Property

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional Norwich, Connecticut commercial property, located at 309 Otrobando Avenue, presents a unique investment opportunity. The 3,000 square foot shopping center, situated on a 3.2-acre lot, boasts a diverse range of features ideal for a variety of uses. Originally built in 1895 and extensively renovated in 2012, the two-story main building offers ample space, complemented by a 1,500 square foot post and beam barn annex. The property includes a 3,000 square foot heated commercial glass greenhouse, providing additional versatile space. The main building features a new roof and HVAC systems. The property also includes a 300 square foot garden house. With 35 parking spaces and convenient access to Routes 2 & 32, and close proximity to I-395 (exit 27), this location offers excellent visibility and accessibility. Currently vacant, this property is zoned for general commercial use, presenting significant potential for owner-occupancy with additional rental income possibilities. The asking price is $995,000, translating to $331.67 per square foot. This is a rare opportunity to acquire a versatile and well-maintained commercial property in a desirable location.

Highlights

  • High-traffic general commercial site on Routes 2 & 32.
  • Excellent access to I-395 via exit 27.
  • 3,000 SF renovated, fully leased office building.
  • 1,500 SF post and beam barn annex.
  • Office building features a new roof and HVAC systems.
  • 3,000 SF heated commercial greenhouse.

Property Details for 309 Otrobando Ave

Property type
Lifestyle centers, Power centers
Square Feet
3,000 SF
Year Built/Renovated
1895/2012
Buildings
1
Stories
2
Lot Size (sq. ft)
139,392 SF

Location Insight

City
Norwich
County
New London
State
Connecticut
Latitude
41.5566527
Longitude
-72.1174939

FAQs

What type of property is this?
Lifestyle center - Prime Norwich, CT Commercial Property
Where is the lifestyle center located?
The property is located at 309 Otrobando Ave Norwich, CT.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: High-traffic general commercial site on Routes 2 & 32.; Excellent access to I-395 via exit 27.; 3,000 SF renovated, fully leased office building.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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309 Otrobando Ave
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