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Ground-Level Bar Property
For Sale
Contact for pricing
Pending

287 Central Avenue, Norwich, CT 06360

Former hospitality space supports restaurant, food-service, or other business uses in an urban setting.

Property SizeContact for details
Days on Market142

Property Features for 287 Central Avenue

General Information

Standard status Pending
Property subtype Retail, Office

Additional Details

Asking Price $169,900

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Randall Realtors
Listed By: Leo Chomen · License #RI
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 1:44PM

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 Randall Realtors

Investment Insights

Based on property information with market context.

This ground-level property was formerly operated as a bar and is positioned for continued hospitality use or a different business concept. The source information identifies restaurant and food-service applications among the possible reuse options.

Located in a densely populated urban area, the property is offered with a triple-net structure and four incoming rents. Its existing commercial character and former bar use provide a basis for evaluating continued food-and-beverage operations or another permitted business use.

Key Highlights

  • Ground‑level former bar property
  • Potential restaurant or food‑service reuse
  • Located in a densely populated urban area

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Spa & Massage Center Electrical Service Nail Salon

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

Location Intelligence

Trade Area within ½ mile

233
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Dunkin' Donuts Dining
7,822 visits/mo 0.5 miles

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 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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Similar Off Market Nearby

  • Hazy Budz 680 Boswell Ave, Norwich, CT 06360

Frequently Asked Questions

What type of property is this?
Bar & Pub - Former hospitality space supports restaurant, food-service, or other business uses in an urban setting.
Where is this bar & pub located?
The property is located at 287 Central Avenue Norwich, CT.
What are key features of this property?
This property features: Ground‑level former bar property; Potential restaurant or food‑service reuse; Located in a densely populated urban area
More about this property
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