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Mixed-Use Building with Apartment
For Lease
$1,550/Mo

Norwich, CT 06360, Norwich, CT 06360

Commercial For Lease, Norwich, CT

Space Size1,305 SF
Lot Size0.07 Acres
Days on Market418

Property Features

General Information

Property type Commercial Lease
Property subtype Other
Zoning CC
Parking 4
Interior features Living Space Available
Exterior features Sidewalk,Doors - 10-15 ft
Lot features Zero Lot Line, Level Lot
Subdivision Franklin Square
Standard status Active
Size 2,610 SF
Lot size 0.07 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Cooling system Central Air
Water source Public

Amenities

public transit

Building Details

Year built 1870
Floors in Building 2
Flooring type Vinyl
Listing Agency: Compass Connecticut, LLC
Listed By: Jeff Brewer · License #RES.0809733
Added: Aug 22, 2025 Changed: Oct 8 Last Checked: Oct 13 at 2:06AM
MLS# 24119078

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Investment Insights

Based on property information with market context.

This 1870-built mixed-use property has a 1,305-square-foot first-floor space suited to office, retail, or other uses under the zoning. The upper floor is being renovated as a 1,150-square-foot apartment with one bedroom, one bathroom, a kitchen, an office, and a great room. A variance for multiple uses has been granted, and the building and roof are described as being in good condition.

Four on-site parking spaces are available, with municipal parking nearby. City Hall is within sight, and the property is near eateries, a marina, and a market. Public transit serving much of Norwich is nearby.

Key Highlights

  • 1,305‑square‑foot first‑floor space with office, retail, and other use potential under zoning
  • Upper floor under renovation as a 1,150‑square‑foot, 1‑bedroom, 1‑bath apartment
  • Apartment plan includes a kitchen, office, and great room

Property Analytics

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Current Use

Office Units

Lease Details

1
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

442
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Norwich, CT

$14.08 /SF/Yr
Avg Asking Price
$7.13–$21 /SF/Yr
Price Range
6,135 SF
Avg Space Size

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The upper level is being renovated as a one-bedroom residence above a ground-floor commercial space.
Where is this mixed-use property located?
The property is located at Norwich, CT.
What is the lease rate?
The lease rate is $1,550/Mo.
What are key features of this property?
This property features: 1,305‑square‑foot first‑floor space with office, retail, and other use potential under zoning; Upper floor under renovation as a 1,150‑square‑foot, 1‑bedroom, 1‑bath apartment; Apartment plan includes a kitchen, office, and great room
More about this property
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