7 Otis Street Norwich, CT ^$ 539,000

7 Otis Street

^$ 539,000

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7 Otis Street

Norwich, CT, 06360

^$ 539,000

Studio Baths0.0 Sq 7,042

Monthly Estimate*

^$ 3,765

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Studio

Commercial Property for sale in Norwich, CT

for $539,000. This 7,042 square foot building was built in 1850 on a lot size of 0.41.

2 Commercial buildings situated on 0.41 acres 1/2 mile north of downtown Norwich. Building 1: Total of 2,099 SF with enclosed porch. 1st Floor is 442 SF, 2 offices , 2 bathrooms, and 3 car garage. 2nd Floor is 1,022 SF with 1 1/2 bathrooms. Building 2: Total of 7,042 SF, 2 stories with full basement. First and second floor approximately 2,354 SF each. 1 1/2 Baths, granite entry, hardwood floors. Handicap accessible. Front porch with view of St. Patrick's Cathedral. Numerous antique fireplaces and hardwood floors. Beautiful landscaping and grounds.

Commercial Active

Price

^$ 539,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial For Sale

Lot Size

0.41

Year Built

1850

Town/City

Norwich

MLS | Web ID

170592085

Features

General

Zoning MF

Year Built 1850

Neighborhood N/A

Heater Type Hot Water

County New London

Location Highway Access

Property Type Commercial For Sale

Status Active

Acres 0.41

Directions GPS Friendly

City Norwich

Street Name Otis

Sq Ft Total 7042

DOM 250

Video Tour Y/N 0

Interior

Cooling System None

Utilities Available Electric Available Gas Available

Exterior

Water Source Public Water Connected

Garage Parking Detached Garage Driveway Paved

Lot Description Dry Level Lot

Internal Only

Street Number 1 7

* Excluded Features

List By

Constance Howard

Listing Agent

Us Properties

Broker

chowardusp@gmail.com

Affordability Calculator

$3,765

Per Month

Monthly Principal & Interest: $3,765
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Norwich, CT

Average List Price ^$573,151

Percent of Sale Price 6%

About Norwich, CT

39,931 Population

11% Since 2002

^$52,475 Median Income

39.76 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

899581 Elementary School

895635 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/28/2023	$539,000	-3.58%	Price Down
9/20/2023	$559,000	-4.15%	Price Down
8/18/2023	$583,200		Listed Price

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7 Otis Street, Norwich, CT, 06360 is a Commercial Property for sale at $539,000 with 7,042 sqft and a lot size of 0.41. 7 Otis Street is a studio with 0.0 baths and was built in 1850. The property's zip code is 06360 which is in Norwich, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to a buying decision should be independently verified.

Information on this this page is provided by the Smart Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site other than by consumers looking to purchase real estate is prohibited.

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7 Otis Street

Commercial Property for sale in Norwich, CT

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