Retail (Building)

201 Central Ave

201 Central Ave, Norwich, CT 06360

Site Details

Address
201 Central Ave, Norwich, CT 06360
Coordinates
41.53308, -72.05671
Type
Retail (Building)

Located on Central Avenue in downtown Norwich, this mixed-use storefront offers direct street presence and access to local traffic, with eligibility for multiple incentive programs including BEA, HUBZone, and New Markets tax credits. The building’s mixed-use zoning and storefront configuration make it easy to activate for street-level retail or a live/work concept while serving nearby neighborhoods and commuters. This property fits small retailers, restaurants, showrooms, or a supplier’s local office looking for a value-add opportunity. With existing infrastructure and a sale positioned for a buyer willing to renovate, it’s a fast path for an investor seeking to reposition an underutilized asset.

Complex
Other
City Limits
Yes
Municipality
Norwich
ETJ
No

Building Size

Building Size
1,692 SF
Rentable Space
1,692 SF
Office Space
2054 SF
Retail Space
846 SF
Industrial Space
2053.959 SF
Industrial Shell
2053.959 SF

Building Details

Building Class
C
Building Status
Existing
Year Built
1850
Year Renovated
1992
Construction
Frame
Number of Buildings
1.0
Building Height
18 FT
Floors
2
Elevators
No
Restrooms
0
Sprinklers
No
Air Conditioning
No
Heating
Yes
Parking Spaces
2
Parking Ratio
1.18 :1000
Vacant
No
Occupancy Type
Multi-Tenant
Owner Occupied
No
Percent Occupied
50.0 %

Land and Utilities

Land (Acres)
0.06 Acres
Land (SF)
2613.6 SF
Lot Frontage
50.4 FT
Lot Depth
31.8 FT
Subdividable
Unknown
Zoning
Mixed-Use
Zoning Code
Mf
On-Site Expansion
No
Electricity
Yes
Gas
Natural Gas
Water
Yes
Wastewater
Yes
Telecommunications
Yes
Easements
No
Yard
No
Fenced
No
Body of Water
No

Incentives and Abatements

Incentive Zone
Yes
Tax Incentives
Yes
Abatements
Yes

Roads

Property Access
Yes
Road Constraints
No
Name Type Distance
CT 2 Highway 2.4 miles
CT 2A Highway 4.9 miles
I 395 Interstate Highway 4.8 miles
I 95 Interstate Highway 16.9 miles
I 384 Interstate Highway 40.1 miles

Airports

Name Code Distance
Windham General Aviation Airport 19.5 miles
Westerly State General Aviation Airport 22.9 miles
Elizabeth Field General Aviation Airport 23.8 miles

Taxes

Assessed Value - Land
$ 17,600
Assessed Value - Improvements
$ 59,200
Total Assessed Value
$ 76,800
Property Tax
$ 3,789
Tax Year
2024
Special Assessments
No
Transfer Tax
Yes

Acquisition

Status
Pending
Sale Price
$ 100,000
Seller Financing
No
Real Estate Representative
Yes