Versatile Mixed-Use Building in
For Sale
$519,000
56 Norwich Ave, Colchester, CT 06415
Pristine mixed-use building in downtown Colchester with expansion potential.
Property Size2,237 SF
Price / SF$232.01
Days on Market183
Property Features for 56 Norwich Ave
General Information
Standard status
Active
Size
2,237 SF
Building Details
Year Built
1950
Listing Agency:
William Raveis Real Estate
Listed By:
Mary Poola · License #REB.0755915
(860) 625-1913
Source:
Homesbyshoshana
Added: Mar 10
Changed: Sep 8
Last Checked: Sep 4 at 3:00AM
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 William Raveis Real Estate
Investment Insights
Based on property information with market context.
This versatile building is located in downtown Colchester and has been pristinely maintained by the original family. The property features generous parking and three units, most recently used as a salon, clothing/boutique/retail space, and a second-floor residential unit. A walk-up attic offers expansion potential. Living above work is viable here. The property has separate utilities for each floor; the apartment has its own furnace, electric, and hot water. The building is denoted as commercial, but its practical/current use is more mixed-use, best represented in multiple units. One stylist remains month-to-month with part-time hours. Permitted uses include a variety of options. The property is also listed under multi-family.
Key Highlights
- Prime downtown Colchester location.
- Versatile building suitable for mixed‑use (commercial/residential).
- Three separate units with individual utilities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
670
Businesses Nearby
63k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Shops & Services 31%
Electronics 19%
Groceries 13%
Starbucks
Dining
14,257 visits/mo
0.4 miles
AT&T
Electronics
10,778 visits/mo
0.4 miles
Stop & Shop Gas
Shops & Services
9,455 visits/mo
0.5 miles
Dunkin' Donuts
Dining
8,455 visits/mo
0.5 miles
Noel's IGA Supermarket
Groceries
8,280 visits/mo
0.2 miles
Demographics for 06415, CT
16,300
Population
7,019
Households
2.3
Avg Household Size
43
Median Age
46%
College-Educated
96%
High-School Grad
56.0 sq mi
ZIP Area
291
Density / Sq Mi
$119,656
Median Household Income
$65,891
Median Earnings
$1,398
Median Rent
$340,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Pristine mixed-use building in downtown Colchester with expansion potential.
Where is this mixed-use property located?
The property is located at 56 Norwich Ave Colchester, CT.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: Prime downtown Colchester location.; Versatile building suitable for mixed‑use (commercial/residential).; Three separate units with individual utilities.
