Retail (Building)

188 W Town Street

188 W Town St, Norwich, CT 06360

Site Details

Address
188 W Town St, Norwich, CT 06360
Coordinates
41.55446, -72.10904
Type
Retail (Building)
County
New London County

Located just off I-395 with direct access to regional highways and within the entertainment corridor serving Mohegan Sun and Foxwoods, this commercial retail building captures strong drive-to traffic and visitor demand. The property was renovated recently and sits in Norwich city limits with commercial zoning and visible frontage, making it easy to repurpose for a consumer-facing use. This space suits bowling, entertainment, restaurant, gym, grocery, or showroom users and nearby national retailers. The site also offers on-site expansion potential and a clear sale pathway, making it a fast option for operators or investors ready to move quickly.

City Limits
Yes
Municipality
Norwich

Building Size

Building Size
34,216 SF
Rentable Space
34,216 SF
Retail Space
34,216 SF

Building Details

Building Class
C
Building Status
Existing
Year Built
1960
Year Renovated
2022
Construction
Masonry
Number of Buildings
1
Building Height
15 FT
Floors
1
Restrooms
4
Sprinklers
No
Security System
No
Lighting
LED
LEED Level
None
Air Conditioning
Yes
Heating
Yes
Parking Spaces
65
Parking Ratio
7.31 :1000
Vacant
No
Occupancy Type
Single Tenant
Owner Occupied
No

Land and Utilities

Land (Acres)
3.28 Acres
Land (SF)
142867.8 SF
Lot Frontage
150 FT FT
Lot Depth
780 FT
Subdividable
Unknown
Zoning
Commercial
Zoning Code
GC
On-Site Expansion
Opportunity
Electricity
Yes
Electricity Provider
Norwich Public Utilities
Gas
Natural Gas
Gas Provider
Norwich Public Utilities
Water
Yes
Water Provider
Norwich Public Utilities
Wastewater
Yes
Wastewater Provider
Norwich Public Utilities
Telecommunications
Yes
Easements
Yes
Yard
No
Fenced
No
Body of Water
No

Incentives and Abatements

Incentive Zone
No
Tax Incentives
No
Abatements
No

Roads

Property Access
Yes
Road Constraints
Yes
Name Type Distance
CT 2A Highway 1.5 miles
CT 2 Highway 2.8 miles
I 395 Interstate Highway 0.4 miles
I 95 Interstate Highway 17.7 miles

Airports

Name Code Distance
Theodore Francis Green State International Airport 44.0 miles
Bradley Intl International Airport 50.9 miles

Taxes

Assessed Value - Land
$ 567,200
Assessed Value - Improvements
$ 663,200
Total Assessed Value
$ 1,230,400
Property Tax Rate
4.19 %
Property Tax
$ $40,911
Tax Year
2023
Special Assessments
No
Transfer Tax
No

Acquisition

Status
Sale
Date Available
12-11-2024
Sale Price
$ 2,199,000
Sale Price
$ 64.27 /SF
Sale Price
$ 641.93 /Acre
Real Estate Representative
Yes