97 Main
Norwich, CT 06360

Property

Ownership: Commercial
Type: Commercial
Area: 13942 sq ft

Financials

Price: $1,000,000
Annual Taxes: $31,421
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Sandy Strickling of Sky Realty Group

Description

Investors, Developers or Owner Occupied - take note: The Haymarket Building is a beautiful, professional office building in downtown Norwich with street level storefronts. Currently home of the popular La Stella Pizzeria, Legal Offices, and State of CT Judicial Offices. This Historic building was originally known as the Rockwell Building, which is a distinctive flatiron-type structure, with storefronts facing Main and Market streets in downtown Norwich. It was built around 1860 in the impressive Romanesque Revival style. Recently renovated with updated electrical, mechanicals and interiors. Currently offered at a 6.9% Cap Rate with excellent upside potential. Or owner occupied opportunity on the 3rd floor. Possible conversion to mixed use with up to 7,000 SF of residential apartment conversion. Low maintenance and some longer term leases make this historic building an attractive opportunity for investors. Water views from nearly every part of the building, high vehicle and foot traffic, easy access to major routes and highways, ADA compliant, elevator to each floor, on street parking with nearby access to parking garage.

Amenities

  • Elementary School -
  • Elevator
  • High School -
  • Intermediate School -
  • SPLIT

Neighborhood

More listings:

Investors, Developers or Owner Occupied take note The Haymarket Building is a beautiful, professional office building in downtown Norwich with street level storefronts.


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