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    55 Main St Norwich, CT 06360

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    For Lease
    $16 SF/Yr ($3,170 /Mo)

    Premier office building with flexible floor plans and water views.

    Property size:
    2,378 SF
    Lot size:
    0.59 Acres

    Property Features for 55 Main St

    General Information

    Size
    2,378 SF
    Lot size
    0.59 Acres

    Source: Colliers - Hartford Agent John Cafasso, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Office Space Available

    Mercantile Exchange is a Class A office building located in the Greater Norwich market. This five-story structure features masonry and steel construction with flexible floor plates. The building offers a superior branding opportunity for large users. Floor design can accommodate different size suites. In-house design services are provided, along with turn-key tenant build-out options. Select suites offer water views. On-site security is provided. Parking includes 41 spaces in an underground garage and 122 spaces in a level 2 lot. The property offers competitive rates and improvement dollars.
    Insight Report Location Intelligence

    Current Use by Public Records

    Representative Joe Courtney Federal Government Office Strata Wealth Partners Financial Planner CHR MST-BSF Norwich Mental Health Service Monica Picco Hairdresser Aveanna Healthcare Nursing Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Norwich
    County
    New London
    State
    Connecticut
    Longitude
    -72.078723
    Latitude
    41.524325

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    FAQs

    What type of property is this?
    Office building - Premier office building with flexible floor plans and water views.
    Where is this office building located?
    The property is located at 55 Main St Norwich, CT.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Only Class A office building in the Greater Norwich Market.; - Superior branding opportunity for large users.; - Flexible floor plates to accommodate different size suites.
    (860) 983-4282
    Request Owner's contact information
    55 Main St Norwich, CT 06360
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    Norwich, CT 06360
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    55 Main St Norwich, CT 06360
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