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Commercial Site with Multiple Buildings
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309 Otrobando Ave, Norwich, CT

Commercial property featuring office, barn, and greenhouse structures.

Property Size1,500 SF
Lot Size4.12 Acres
Price / SF$663.33
Days on Market685

Property Features for 309 Otrobando Ave

General Information

Standard status Active
Size 1,500 SF
Lot size 4.12 Acres
Property subtype RETAIL
Listing Agency: Elite Commercial Real Estate
Listed By: Hugh Schnip · License #RES.0797678
Source: Moodyscre
Added: Sep 16, 2024 Changed: Jul 6 Last Checked: Jul 21 at 8:47AM

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 Elite Commercial Real Estate

Investment Insights

Based on property information with market context.

This commercial property is a general commercial site located along Route 2 and 32, with close proximity to the I-395 interchange. It features an office building and an annex post & beam barn building, totaling 4500 square feet. The office building is currently 100% leased, and a lease is pending on the barn. Additionally, the property includes a commercial glass greenhouse with 3000 square feet. The property size is 1500 square feet. Owner financing is available for a qualified buyer.

Key Highlights

  • Great general commercial site along Route 2 & 32.
  • Close to I‑395 interchange.
  • Office building and annex post & beam barn building with 4500 SF total.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Law Firm (Bike/Boat/Book/etc) Store Furniture & Home Goods Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

371
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 100%
Comfort Suites Hotels & Casinos
1,900 visits/mo 0.1 miles

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercial property featuring office, barn, and greenhouse structures.
Where is this storefront property 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: Great general commercial site along Route 2 & 32.; Close to I‑395 interchange.; Office building and annex post & beam barn building with 4500 SF total.
(860) 608-1204 Call to check price and availability
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