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North Stonington Commercial Land Available
For Sale
$400,000

82 Norwich Westerly, North Stonington, CT 06359

Commercial land with flexible zoning and convenient highway access.

Property Size1,991 SF
Price / SF$83.33
Days on Market203

Property Features for 82 Norwich Westerly

General Information

Standard status Active
Size 1,991 SF
Property subtype Commercial
Lease Term Listing ID: 24164466, Standard Status: Active, MLS Status: Active, 201 days on market

Building Details

Building Size 1,991 SF
Year Built 1991
Listing Agency: Compass Connecticut, LLC
Listed By: Jeff Brewer · License #RES.0809733
Source: Iverty
Added: Apr 6 Changed: Oct 25 Last Checked: Oct 24 at 6:52PM

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 Compass Connecticut, LLC

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Investment Insights

Based on property information with market context.

This property is located in a convenient location with quick access from I-95, abutting Westerly, Rhode Island, and Stonington, Connecticut. It is situated close to the Rhode Island beaches, Mystic, Connecticut, and major employers in the Groton/New London area. The site benefits from good on-site parking, and the buildings and grounds are well-maintained. The North Stonington zoning is flexible, designated as EDD. Permitted uses by right (SPL and ZP) include commercial, financial, hospitality, institutional, medical, mixed-use, general office, personal, and retail. Cannabis retail is possible with a special permit. The site was originally platted for a fourth building. The property size is 4800 square feet.

Key Highlights

  • Excellent location with convenient I‑95 access.
  • Flexible North Stonington EDD zoning allows for diverse uses.
  • Permitted uses by right include commercial, financial, hospitality, medical, and retail.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Building Supply Dental Office Plumbing Service Pharmacy Auto Repair Shop Pet Grooming Service

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

67
Businesses Nearby

Demographics for 06359, CT

5,149
Population
2,272
Households
2.3
Avg Household Size
47
Median Age
41%
College-Educated
96%
High-School Grad
54.2 sq mi
ZIP Area
95
Density / Sq Mi
$115,069
Median Household Income
$52,153
Median Earnings
$1,224
Median Rent
$374,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with flexible zoning and convenient highway access.
Where is this commercial land located?
The property is located at 82 Norwich Westerly North Stonington, CT.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Excellent location with convenient I‑95 access.; Flexible North Stonington EDD zoning allows for diverse uses.; Permitted uses by right include commercial, financial, hospitality, medical, and retail.
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