9-15 Main St Norwich, CT 06360

Property Details for 9-15 Main St

Year built

1887

Lot size

0.06 lot acres

Property size

14,726 SF

Property type

Commercial real estate

Description

This iconic Flat Iron building, situated at the highly visible intersection of Water and Main Streets in Norwich, CT, presents a unique investment opportunity. The 14,726 square foot property sits on a 0.06-acre lot in the heart of Washington Square, offering unparalleled visibility and access. Overlooking the Thames River, marina, and Howard Brown Park, this building benefits from its location in the historic Chelsea Central District (CC Zone) and designated Enterprise and Opportunity zones, unlocking significant tax advantages and potential grant funding. The previous owner envisioned a mixed-use development incorporating retail spaces – a cigar lounge, art gallery, and high-end consignment shop were already planned – and upper-level office space, which could easily be converted to apartments. The building is being sold "as is," with the seller not undertaking any repairs or upgrades prior to sale. This presents a blank canvas for a creative buyer to realize the full potential of this landmark property. The strategic location, combined with the potential for grant funding and the inherent benefits of the designated zones, makes this a compelling investment opportunity in a vibrant and historic setting. The building's size and prominent location offer a multitude of possibilities for a savvy investor.

Location Insight

City

Norwich

County

New London

State

Connecticut

Longitude

-72.0795

Latitude

41.5244