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Mixed-Use Property with Storefront
For Sale
$319,000

313 Central Ave, Norwich, CT 06360

Two-unit building combines ground-floor commercial space with residential accommodations.

Property Size2,560 SF
Price / SF$124.61
Days on Market10

Property Features for 313 Central Ave

General Information

Standard status Active
Size 2,560 SF
Property subtype Multi-Family

Amenities

side yard
shed
1 car garage

Building Details

Year Built 1880
Stories 2
Listing Agency: Coldwell Banker Realty
Listed By: Herb Carlon (860) 716-5347 (860) 633-3661
Source: Jaida.mappmyhome
Added: Aug 19 Changed: Aug 28 Last Checked: Aug 28 at 12:22PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

Built in 1880, this 2,560-square-foot mixed-use property contains two distinct units. The first-floor space includes a storefront, one bedroom, and two bathrooms, while the second-floor residence offers four bedrooms and one bathroom. The layout supports a combination of commercial and residential occupancy within the same building.

Located at 313 Central Avenue in Norwich, the property includes a side yard, shed, and one-car garage. The garage requires repairs. The storefront may be separable to create a potential three-unit configuration, subject to applicable approvals and requirements.

Key Highlights

  • 2,560 SF mixed‑use building constructed in 1880
  • Two units with storefront and residential space
  • First‑floor unit includes 1 bedroom and 2 bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Electrical Service Nail Salon Skin Care Clinic

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

233
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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-unit building combines ground-floor commercial space with residential accommodations.
Where is this mixed-use property located?
The property is located at 313 Central Ave Norwich, CT.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: 2,560 SF mixed‑use building constructed in 1880; Two units with storefront and residential space; First‑floor unit includes 1 bedroom and 2 bathrooms
More about this property
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