Downtown Norwich Commercial Units
For Lease
$15 SF/Yr
85 Main St, Norwich, CT 06360
Ground-level commercial units in downtown Norwich, suitable for various businesses.
Space SizeContact for details
Property Size5,230 SF
Days on Market128
Property Features for 85 Main St
General Information
Standard status
Active
Size
5,230 SF
Property subtype
Commercial
Building Details
Building Size
5,230 SF
Year Built
1880
Listing Agency:
U.S. Properties Real Estate Services, LLC
(615) 293-3878
Listed By:
Constance Howard · License #RES.0798067
(615) 293-3878
Source:
Elliman
Added: Apr 24
Changed: Aug 17
Last Checked: Aug 26 at 9:13AM
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 U.S. Properties Real Estate Services, LLC
Investment Insights
Based on property information with market context.
Located on the ground level of Water Street Lofts in downtown Norwich, there are 8 commercial units available for rent. The total space encompasses 5,230 square feet, with units of varying sizes that can be combined to meet specific needs. The units benefit from high visibility, high ceilings, and ample natural light. Water Street Lofts is a renovated, fully occupied 40-unit apartment complex. An additional 60 apartments are under construction nearby at 101 Water Street, enhancing the attractiveness of these commercial units for retail or business use. Suitable businesses include coffee shops, convenience stores, restaurants, salons, boutique shops, and professional offices. The location is near the Courthouse and waterfront, with high foot traffic. On-street parking is available, and a city-owned parking garage is in close proximity. The location has a walk score of 56, indicating it is somewhat walkable, a transit score of 34, indicating some transit options, and a bike score of 20, indicating it is somewhat bikeable.
Key Highlights
- Located in the heart of downtown Norwich with high foot traffic, near the Courthouse and waterfront.
- Ground level of Water Street Lofts, a newly renovated, fully occupied 40‑unit apartment complex.
- Additional 60 apartments being built nearby at 101 Water Street, increasing potential customer base.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
312
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Norwich, CT
$14.74 /SF/Yr
Avg Asking Price
$7.13–$21 /SF/Yr
Price Range
4,796 SF
Avg Space Size
This space is priced 2% above the average of $14.74 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Ground-level commercial units in downtown Norwich, suitable for various businesses.
Where is this retail space located?
The property is located at 85 Main St Norwich, CT.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Located in the heart of downtown Norwich with high foot traffic, near the Courthouse and waterfront.; Ground level of Water Street Lofts, a newly renovated, fully occupied 40‑unit apartment complex.; Additional 60 apartments being built nearby at 101 Water Street, increasing potential customer base.
