Historic Norwich Commercial Space
For Lease
$14 SF/Yr
10 Railroad Avenue, Norwich, CT 06360
Prime commercial property in Norwich's Chelsea Central District.
Space SizeContact for details
Lot Size0.40 Acres
Days on Market323
Property Features for 10 Railroad Avenue
General Information
Standard status
Active
Lot size
0.40 Acres
Property subtype
Commercial
Building Details
Year Built
1860
Listing Agency:
Seaport Real Estate Services
(860) 245-9200
Listed By:
TYLER GRACEY
Source:
Corcoran
Added: Oct 14, 2025
Changed: Jul 6
Last Checked: Aug 30 at 8:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Seaport Real Estate Services
Investment Insights
Based on property information with market context.
Located in the heart of Downtown Norwich, this commercial property at 10 Railroad Place offers approximately 5,300 square feet of flexible space on a 0.40-acre lot. Situated within Norwich's Chelsea Central District, the property benefits from high visibility and accessibility, with average daily traffic exceeding 10,000 vehicles. It is conveniently located near major routes, municipal parking, and key downtown amenities. The building, steeped in Norwich's history, once served as the train station for the Norwich Worcester Railroad. This historic character, combined with modern adaptability, presents a unique opportunity for businesses seeking a distinctive downtown presence. The Chelsea Central District (CC Zone) encourages a dynamic mix of retail, office, dining, and residential uses within a walkable, historic setting. The zoning supports a wide range of commercial opportunities, including storefront retail, professional offices, creative studios, and restaurants. The property is positioned in a city supported by strong economic fundamentals and ongoing revitalization initiatives.
Key Highlights
- Prime downtown location in Norwich's Chelsea Central District with high visibility.
- Approximately 5,300 square feet of flexible commercial space on 0.40 acres.
- Favorable CC (Chelsea Central) zoning supports a wide range of commercial uses.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
Business Placement
Demographics for 06360, CT
37,104
Population
17,739
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
88%
High-School Grad
26.8 sq mi
ZIP Area
1,384
Density / Sq Mi
$65,848
Median Household Income
$42,287
Median Earnings
$1,207
Median Rent
$233,500
Median Home Value
Market
Lease Benchmarks for Norwich, CT
$15.78 /SF/Yr
Avg Asking Price
$7.13–$21 /SF/Yr
Price Range
7,618 SF
Avg Space Size
This space is priced 11% below the average of $15.78 /SF/Yr.
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Prime commercial property in Norwich's Chelsea Central District.
Where is this mixed-use property located?
The property is located at 10 Railroad Avenue Norwich, CT.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Prime downtown location in Norwich's Chelsea Central District with high visibility.; Approximately 5,300 square feet of flexible commercial space on 0.40 acres.; Favorable CC (Chelsea Central) zoning supports a wide range of commercial uses.
