Property profile

170 Yantic Rd Norwich, CT 06360

OFF-MARKET
Warehouses
2.78 ac lot
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 170 Yantic Rd in Norwich, Connecticut, offers 5,637 square feet of versatile space ideal for a variety of commercial uses. Situated on a 2.78-acre lot with ample parking, this two-story building boasts 205 feet of frontage. The first floor, formerly a restaurant, is partially renovated and adaptable to various needs. The second floor comprises two apartments requiring complete renovation, presenting a significant value-add opportunity. The property is zoned PMR-Production, Mfg + Research, allowing for a range of permitted uses, including advanced manufacturing, warehousing, and office space. Special permits may allow for uses such as a machine shop, boat repair facility, or educational institution. The convenient location offers easy access to I-395, and the property enjoys a desirable position across from Riverfront Park. The lease rate is $14 per square foot, plus real property taxes and utilities. This property presents a unique opportunity for a business seeking a prominent location with significant potential. The building features one structure with a total of 5,637 square feet of vacant space. There are no elevators.

Property profile

Verified
Property type Warehouses
Lot 2.78 ac (121,097 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

170 Yantic Rd Norwich, CT 06360
Norwich metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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