488 Main North Street , Norwich, CT 06360

Norwich, CT 06360

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Description

Situated prominently on North Main Street in Norwich, this commercial property is in a prime location with excellent visibility and access, directly fronting State Road. Currently configured with three units, the building provides the potential for a range of uses, including industrial, office, and retail. This property combines strategic location, modern infrastructure, and versatile use, making it a prime investment opportunity in a vibrant commercial district. Potential to convert up to 11 units.

Details

MLS#	24040288
Listing Type	For Sale
Status	Active
Year	1900
Days On Site	25
Listing Provided By	eXp Realty \| Joe Malerba

Features

Bath(s)	3 Total
Units	3
Zoning	GC
Acreage	0.31

Market Activity 06360

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Aug 2024	Sales: 6	Avg $ Per SqFt: $57.8	Min Sale Price: $1,450	Max Sale Price: $505,000	Med Sale Price: $2,525
Date: Jul 2024	Sales: 14	Avg $ Per SqFt: $169.8	Min Sale Price: $850	Max Sale Price: $440,000	Med Sale Price: $217,500
Date: Jun 2024	Sales: 5	Avg $ Per SqFt: $157.27	Min Sale Price: $1,250	Max Sale Price: $335,000	Med Sale Price: $200,000
Date: May 2024	Sales: 2	Avg $ Per SqFt: $1.06	Min Sale Price: $1,300	Max Sale Price: $1,350	Med Sale Price: $1,325
Date: Mar 2024	Sales: 1	Avg $ Per SqFt: $204.8	Min Sale Price: $290,000	Max Sale Price: $290,000	Med Sale Price: $290,000

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Aug 2024
Sales:	6
Avg $ Per SqFt:	$57.8
Min Sale Price:	$1,450
Max Sale Price:	$505,000
Med Sale Price:	$2,525
Jul 2024
Sales:	14
Avg $ Per SqFt:	$169.8
Min Sale Price:	$850
Max Sale Price:	$440,000
Med Sale Price:	$217,500
Jun 2024
Sales:	5
Avg $ Per SqFt:	$157.27
Min Sale Price:	$1,250
Max Sale Price:	$335,000
Med Sale Price:	$200,000
May 2024
Sales:	2
Avg $ Per SqFt:	$1.06
Min Sale Price:	$1,300
Max Sale Price:	$1,350
Med Sale Price:	$1,325
Mar 2024
Sales:	1
Avg $ Per SqFt:	$204.8
Min Sale Price:	$290,000
Max Sale Price:	$290,000
Med Sale Price:	$290,000

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Contact

Learn More About This Property

Brittany Palmerino

Andrew Abu Inc

1001030 (508) 377-2104

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State	CT
County	New London
City	Norwich
Zip Code	06360
Area	New London
Listing VS Median (in 06360)
Price: $450,000 low \| high Med: $260,000 92.222222222222% of Average On Site: 25 low \| high Med: 21.5 100% of Average

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Listing Updated: August 23, 2024 at 8:14:45 AM PDT

488 Main North Street , Norwich, CT 06360

Norwich, CT 06360

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Description

Details

Features

Market Activity 06360

Request a showing

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Contact

Learn More About This Property

Brittany Palmerino

Andrew Abu Inc

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