Retail (Building)

Starwoods

20 Norwich Ave, Norwich, CT 06360

Site Details

Address
20 Norwich Ave, Norwich, CT 06360
Coordinates
41.55188, -72.05415
Type
Retail (Building)

Starwoods sits on Norwich Avenue in a visible strip center, offering a ready retail building in a commercial corridor with strong highway access to I-395 and I-95. The site benefits from multiple incentive programs including BEA, HUBZone, and New Markets Tax Credit, which supports cost-effective investment and redevelopment. Best for a neighborhood grocery, mixed-use retail or service-driven operation, the property suits operators wanting street-front exposure and access to regional labor and customers. The existing building and commercial zoning simplify reuse, and local tax abatements and incentive zones ease the path to occupancy and investment.

Complex
Strip Center
City Limits
Yes
Municipality
Norwich
ETJ
No

Building Size

Building Size
34,589 SF
Rentable Space
43,666 SF
Office Space
44507.28 SF
Retail Space
30,464 SF
Industrial Shell
43,666 SF

Building Details

Building Status
Existing
Year Built
1959
Year Renovated
1973
Construction
Masonry
Number of Buildings
1.0
Building Height
22 FT
Floors
1
Elevators
No
Sprinklers
Yes
Security System
Yes
Lighting
Fluorescent
LEED Level
None
Air Conditioning
Yes
Heating
Yes
Parking Spaces
40
Vacant
Yes
Occupancy Type
Multi-Tenant
Owner Occupied
No

Land and Utilities

Land (Acres)
13.49 Acres
Land (SF)
43666.0 SF
Lot Frontage
266.6 FT
Lot Depth
458.5 FT
Subdividable
Unknown
Zoning
Commercial
Zoning Code
GC
Electricity
No
Gas
Natural Gas
Water
No
Wastewater
No
Telecommunications
No
Telecommunications Provider
>None<
Body of Water
Yes, Pond, River and Stream

Incentives and Abatements

Incentive Zone
Yes
Tax Incentives
Yes
Abatements
Yes

Roads

Property Access
Yes
Road Constraints
No
Name Type Distance
CT 2 Highway 3.4 miles
CT 2A Highway 5.2 miles
I 395 Interstate Highway 5.2 miles
I 95 Interstate Highway 15.0 miles
I 84 Interstate Highway 34.9 miles

Airports

Name Code Distance
Windham General Aviation Airport 21.3 miles
Westerly State General Aviation Airport 24.4 miles
Elizabeth Field General Aviation Airport 25.2 miles

Taxes

Assessed Value - Land
$ 388,600
Assessed Value - Improvements
$ 566,800
Total Assessed Value
$ 955,400
Property Tax
$ 31,767
Tax Year
2024
Transfer Tax
Yes

Acquisition

Status
Sold
Sale Price
$ 975,000
Sale Price
$ 28.19 /SF
Sale Price
$ 72272.39 /Acre
Real Estate Representative
No