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Self Storage and Mixed-Use Building
For Lease
$199,000

28 Talman St, Norwich, CT 06360

Over 7,000 square feet with storage units on the base level and multiple street-level tenants.

Space SizeContact for details
Days on Market64

Property Features for 28 Talman St

General Information

Standard status Active

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $5,566

Building Details

Tenancy Multi
Listing Agency: Drawbridge Realty
Listed By: Jason Calouro · License #REB.0795047
Source: Exprealty
Added: Jun 26 Changed: Aug 20 Last Checked: Aug 26 at 11:12AM

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 Drawbridge Realty

Investment Insights

Based on property information with market context.

This mixed-use property includes base-level storage space with over a dozen separate storage units, totaling over 7,000 square feet. The street level is currently occupied by multiple tenants, including an upholstery shop, an art gallery, and personal offices.

The building is located on the banks of the Shetucket River at the mouth of the Thames River in downtown Norwich, Connecticut, offering views of the waterfront.

The offering includes the package with 32 Talman Street at no additional cost. Reported gross income is $21,540 with expenses of $13,579, resulting in a $7,961 NOI.

Key Highlights

  • Over 7,000 SF of space with more than a dozen separate storage units on the base level
  • Street level is leased to multiple tenants including an upholstery shop, art gallery, and personal offices
  • Gross income of $21,540 and expenses of $13,579 for a $7,961 NOI

Property Analytics

Current Use

Infinite Delay Recordings Recording Studio Mars Gospel Records ... Recording Studio

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Spa & Massage Center HVAC Service Restaurant

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

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

752
Businesses Nearby

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

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Over 7,000 square feet with storage units on the base level and multiple street-level tenants.
Where is this self storage facility located?
The property is located at 28 Talman St Norwich, CT.
What is the lease rate?
The lease rate is $199,000.
What are key features of this property?
This property features: Over 7,000 SF of space with more than a dozen separate storage units on the base level; Street level is leased to multiple tenants including an upholstery shop, art gallery, and personal offices; Gross income of $21,540 and expenses of $13,579 for a $7,961 NOI
More about this property
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