57 Lafayette St Norwich, CT 06360

This exceptional investment opportunity presents a 3,168-square-foot medical office building situated on a 0.32-acre lot in Norwich, Connecticut. Conveniently located near Backus Hospital and I-395, this single-story, Class B building boasts two leased spaces, ensuring a steady income stream. Built in 1967 and renovated in 2016, the property features 20+ parking spaces, public water/sewer/natural gas, central air conditioning, and is handicap accessible. The property enjoys 101 feet of road frontage and an average daily traffic count of 6,800 vehicles. Zoned NC Neighborhood Commercial, permitted uses include office, retail, restaurant, clinic, club, and museum. The asking price is $265,000 ($75.44/sq ft), with annual property taxes of $11,333 and an assessed value of $233,000. This is a turnkey investment opportunity with strong potential for future appreciation. The building is offered "as is." Detailed property information and financial statements are available upon request. Directions: From I-395 N, take Exit 13-A. At the stoplight, turn right onto Washington St. Take the first right onto Lafayette St. The property is on the left. From I-395 S, take Exit 13. At the stoplight, turn right onto Washington St. Take the first right onto Lafayette St. The property is on the left.