Located in downtown Norwich, 161 Water Street sits inside multiple federal and local incentive zones, including Opportunity Zone, HUBZone, and New Markets Tax Credit qualification, making it highly attractive for projects that need tax and financing advantages. The site occupies a riverfront commercial block with paved public streets and a nearby multi-level parking garage, and it has heavy electrical service plus natural gas and HVAC in place. It fits showroom, warehouse/distribution, flex or office uses, and benefits from local CDBG and abatement programs that support redevelopment, positioning it for rapid reuse by companies seeking incentive-backed urban locations.
| Name | Type | Distance |
|---|---|---|
| CT 2 | Highway | 1.7 miles |
| CT 2A | Highway | 3.7 miles |
| I 395 | Interstate Highway | 3.1 miles |
| I 95 | Interstate Highway | 12.3 miles |
| I 84 | Interstate Highway | 35.9 miles |
| Name | Code | Distance |
|---|---|---|
| Windham | General Aviation Airport | 20.3 miles |
| Westerly State | General Aviation Airport | 22.3 miles |
| Elizabeth Field | General Aviation Airport | 22.4 miles |