Self Storage

Norwich, CT Self Storage Facilities for Sale

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North Stonington, CT Lisbon, CT Ledyard, CT Hopkinton, RI Plainfield, CT Stonington, CT Westerly, RI Groton, CT
Mixed-Use Building with Storage Units
Updated: Jun 26
Mixed-Use Building with Storage Units

28 Talman Street, Norwich, CT 06360

$199,000
7,800 sqft
Over 7,000 SF building on the banks of the Shetucket River at the mouth of the Thames River in downtown Norwich, CT
Over a dozen separate storage units on the base level
Street level includes multiple tenants: upholstery shop, art gallery, and personal offices
River views from the street‑level units and tenants
Being sold as a package with 32 Talman Street at no additional cost
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Stabilized Self-Storage Conversion Opportunity
Updated: Jan 27
Stabilized Self-Storage Conversion Opportunity

21 Terminal Way, Norwich, CT 06360

$6,900,000
51,200 sqft
High Economic Occupancy: Currently performing at 112%.
Undersupplied Market: Located in Norwich with only 6.2 SF of storage per capita in a 5‑mile radius.
Strong Potential for Rental Increases: Outlook for continued rental increases and maximizing occupancy.
Stabilized Self Storage Conversion: A 4‑story building with 348 interior units.
Diverse Unit Sizes: Units ranging from 5x3 to 20x30.
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Self Storage and Office Building
Self Storage and Office Building

28 Talman St, Norwich, CT 06360

$199,000

Base-level storage units support multiple street-level tenants, with over 7,000 square feet of space available.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Norwich, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Tolland Office Conversion Opportunity
Tolland Office Conversion Opportunity

303 Merrow Rd, Tolland, CT 06084

$2,499,900
34,000 sqft 15.32 AC lot

34,000 SF Class B office primed for self-storage conversion.

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Office-to-Storage Conversion Opportunity
Office-to-Storage Conversion Opportunity

303 Merrow Rd, Tolland, CT 06084

$2,499,900
33,778 sqft

Previously an office property, it’s newly positioned for conversion to self-storage under recently approved zoning.

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90,000 SF Industrial Building
90,000 SF Industrial Building

650 Windsor St, Hartford, CT

Contact for pricing
90,000 sqft 0.77 AC lot

90,000 SF industrial building with fenced parking.

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Hartford Industrial Building For Sale
Hartford Industrial Building For Sale

20 Sargeant St, Hartford, CT

Contact for pricing
120,000 sqft 3.63 AC lot

120,000 SF industrial building suitable for various uses.

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Norwich, CT Self Storage Facilities Market Trends and Statistics

Explore 3 self storage facilities for sale in Norwich, CT, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 59,000 square feet of properties for sale, with an estimated market value of $7,298,000.

Sale prices for storage units in Norwich, CT start at $199,000, averaging $2,432,666, and reaching up to $6,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Self storage facilities 8

Demographics Overview

Population 42K
Population Growth (5Y) +2.5%
Median Household Income $70,774
College Educated 36.4%

High-Yield Neighborhoods for Investment

Identify Norwich submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
06360 $2.4M

Taxes & Financing

Tax Rate (average for all types) 4.31%
Property Tax per SF $54.28 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in New London County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Norwich fall within the 100,000+ square foot range.

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