7 Otis St Norwich, CT 06360
- Office space
- 7,042 SF
Current Use by Public Records
- Office space
Property Details for 7 Otis St
- Year built
- 1850
- Property size
- 7,042 SF
- Property type
- Office space
Description
This exceptional investment opportunity presents two commercial buildings totaling 7,042 square feet on a 0.41-acre lot, ideally situated just half a mile north of Norwich's vibrant downtown. The property boasts a rich history, dating back to 1850, and features stunning architectural details including numerous antique fireplaces and beautiful hardwood floors throughout. Building one, encompassing 2,099 square feet, includes a first floor with 442 square feet of space, two offices, two bathrooms, and a three-car garage. The second floor offers 1,022 square feet and one and a half bathrooms. Building two, a substantial 7,042 square feet, is a two-story structure with a full basement, each floor offering approximately 2,354 square feet of usable space. This building features one and a half bathrooms, a granite entryway, and is handicap accessible. Both buildings offer attractive features, including an enclosed porch on Building 1 and a front porch on Building 2 with a captivating view of St. Patrick's Cathedral. The property is further enhanced by meticulously maintained landscaping and grounds. The asking price is $539,000, translating to $76.54 per square foot. This unique property is zoned 0.41 and presents a rare chance to acquire a significant piece of Norwich's commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norwich
- County
- New London
- State
- Connecticut
- Longitude
- -72.0769304
- Latitude
- 41.5307579
