124 W Town St
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124 W Town St
1,561 SF Office Building Norwich, CT 06360 $349,900 ($224/SF)
Investment Highlights
- Directly Off Of Interstate 395
- Private Parking & Garage
- Updated Office w/ 2nd Floor Private Offices or Apartment
Executive Summary
Conveniently located just off of Interstate 395 is this Meticulously Kept and Fully Updated Building with Office on 1st level and your choice of either Additional Separate Private Office Space or 1 Bedroom Apartment on 2nd Level (live upstairs & run your business downstairs or use for conference rooms or private space) with each space having separate utilities. Currently used as an insurance company office. There are 10 lined parking spots and 1 handicapped as well as a 2 stall detached garage with 2 spots inside and 2 in front of garage doors. Sellers have updated most everything over the past 15 years. Current tenants lease expires end of November.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
1,561 SF
Building Class
C
Year Built/Renovated
1940/2010
Price
$349,900
Price Per SF
$224
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
781 SF
Slab To Slab
8’
Building FAR
0.13
Lot Size
0.28 AC
Zoning
NC/GC
Parking
12 Spaces (7.69 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Kitchen
- Reception
- Basement
- Central Heating
- Shower Facilities
- Air Conditioning
- Balcony
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PROPERTY TAXES
| Parcel Number | NORW-000066-000001-000019 | Improvements Assessment | $77,600 |
| Land Assessment | $129,700 | Total Assessment | $207,300 |
PROPERTY TAXES
Parcel Number
NORW-000066-000001-000019
Land Assessment
$129,700
Improvements Assessment
$77,600
Total Assessment
$207,300
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Presented by
Priority Real Estate Group,llc
124 W Town St
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