Retail (Building)

297 Central Ave

297 Central Ave, Norwich, CT 06360

Site Details

Address
297 Central Ave, Norwich, CT 06360
Coordinates
41.53601, -72.05481
Type
Retail (Building)

A central Norwich storefront that combines flexible showroom and light industrial space with strong community incentives, making it a cost-effective option for retailers or product suppliers. The property sits on commercially zoned frontage near I-395 and CT-2, giving straightforward regional highway access for customers and deliveries. This Class B, existing building offers adaptable showroom and warehouse elements and qualifies for multiple incentive programs including BEA, HUBZone, and New Markets Tax Credits, plus tax abatements. It is available for lease and suits businesses looking to open or expand quickly with reduced upfront costs.

Complex
Other
City Limits
Yes
Municipality
Norwich
ETJ
No

Building Size

Building Size
4,592 SF
Rentable Space
7,262 SF
Retail Space
2072 SF
Industrial Space
1755.9 SF

Building Details

Building Class
B
Building Status
Existing
Year Built
1870
Year Renovated
1973
Construction
Frame
Number of Buildings
1.0
Building Height
27 FT
Floors
3
Elevators
No
Restrooms
1
Sprinklers
No
Air Conditioning
Yes
Heating
Yes
Parking Spaces
4
Vacant
No
Occupancy Type
Single Tenant
Owner Occupied
Yes
Percent Occupied
100.0 %

Land and Utilities

Land (Acres)
0.1399908 Acres
Land (SF)
7262.0 SF
Lot Frontage
65.6 FT
Lot Depth
26.8 FT
Subdividable
Unknown
Zoning
Commercial
Zoning Code
MF
On-Site Expansion
No
Electricity
Yes
Gas
Natural Gas
Water
Yes
Wastewater
Yes
Telecommunications
No
Yard
No
Body of Water
No

Incentives and Abatements

Incentive Zone
Yes
Tax Incentives
Yes
Abatements
Yes

Roads

Property Access
Yes
Road Constraints
Yes
Name Type Distance
CT 2 Highway 2.6 miles
CT 2A Highway 5.2 miles
I 395 Interstate Highway 5.1 miles
I 95 Interstate Highway 17.2 miles
I 384 Interstate Highway 40.4 miles

Airports

Name Code Distance
Windham General Aviation Airport 21.7 miles
Westerly State General Aviation Airport 23.1 miles
Elizabeth Field General Aviation Airport 24.0 miles

Taxes

Assessed Value - Land
$ 19,300
Assessed Value - Improvements
$ 134,200
Total Assessed Value
$ 153,500
Property Tax
$ 5,864
Tax Year
2024
Transfer Tax
Yes

Acquisition

Status
Lease
Sale Price
$ 1,195
Sale Price
$ 11.95 /SF
Lease Price
$ 1,195 /Month
Lease Rate
$ 11.95 Monthly/SF
Real Estate Representative
Yes