7-9 Bath St Norwich, CT 06360
This exceptional commercial property, located in the heart of downtown Norwich, CT, presents a fantastic investment opportunity. The 2,610 square foot building sits on a 0.07-acre lot and offers a blend of functionality and convenience. The two-story structure features six private offices, two restrooms, a well-equipped kitchen, and two spacious reception areas, providing ample space for a variety of business needs. The first floor is fully handicap accessible, ensuring inclusivity and ease of access for all. Four off-street parking spaces are included, supplementing the readily available public parking nearby. The building is equipped with central air conditioning for year-round comfort and utilizes oil heat, public water, and sewer services. Its central downtown location offers easy access to numerous restaurants and other amenities. The property is currently offered for sale at $249,000. Alternatively, the space is available for lease at a rate of $12 per square foot, plus real estate taxes, property insurance, and utilities. This versatile property is ideal for a range of businesses seeking a well-maintained, conveniently located office space in a thriving downtown area. The combination of sale and lease options provides flexibility for potential buyers and tenants.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.