Mixed-Use Property with
New
For Sale
$350,000
8 Mechanic Street, Norwich, NY 13815
Combination of residential units and commercial space with off-street parking in Norwich.
Property Size7,500 SF
Price / SF$46.67
Days on Market1
Property Features for 8 Mechanic Street
General Information
Standard status
Active
Size
7,500 SF
Units
Unit Mix
4 x 1BR
Multifamily Units
4
Listing Agency:
Howard Hanna
(607) 336-8080
Listed By:
Stephen M. Bernardi
(607) 316-1590
Source:
Nicholcityrealty
Added: Sep 19
Last Checked: Sep 19 at 7:07AM
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 Howard Hanna
Investment Insights
Based on property information with market context.
This 7,500-square-foot mixed-use property combines four one-bedroom apartments with two commercial spaces. One commercial space is currently leased, while two apartments are occupied and the remaining two are being prepared for lease. Off-street parking is included, with an additional 0.15 acres across three parcels forming the parking area.
The property is located at 8 Mechanic Street in Norwich, with access to shopping, public parks, entertainment, and public transportation. Water, trash, and snow removal are included. The offering includes parcel numbers 136.48-5-1, 136.48-5-23, and 136.48-5-24.
The property is located at 8 Mechanic Street in Norwich, with access to shopping, public parks, entertainment, and public transportation. Water, trash, and snow removal are included. The offering includes parcel numbers 136.48-5-1, 136.48-5-23, and 136.48-5-24.
Key Highlights
- Four 1‑bedroom apartments and 2 commercial spaces
- 7,500‑square‑foot mixed‑use property
- One commercial space currently rented
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
749
Businesses Nearby
Explore this area
Business Placement
Demographics for 13815, NY
13,063
Population
6,445
Households
2
Avg Household Size
44
Median Age
24%
College-Educated
90%
High-School Grad
108.2 sq mi
ZIP Area
121
Density / Sq Mi
$59,757
Median Household Income
$39,776
Median Earnings
$835
Median Rent
$127,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Combination of residential units and commercial space with off-street parking in Norwich.
Where is this mixed-use property located?
The property is located at 8 Mechanic Street Norwich, NY.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Four 1‑bedroom apartments and 2 commercial spaces; 7,500‑square‑foot mixed‑use property; One commercial space currently rented
