197 Central Avenue Norwich, CT $ 279,000
197 Central Avenue
$ 279,000
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197 Central Avenue

Norwich, CT, 06360
$ 279,000
Bedrooms-- Baths3.0 Sq 2,014

Monthly Estimate*

$ 1,741

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Commercial Property for sale in Norwich, CT

for $279,000 with 3 full baths. This 2,014 square foot building was built in 1830 on a lot size of 0.04.

Explore this exceptional investment opportunity in Norwich, CT with this versatile mixed-use property. Ideally situated in a busy area, this property offers a unique blend of commercial and residential spaces to suit your investment goals. The main level, presents a rented commercial space to attract customers and thrive as a business spot. There are two 2 BR / 1BA apartments attached and currently occupied by a tenant with a leases in place. This not only provides immediate income but also ensures a seamless transition for the new owner. Seeking a property with residential and commercial income, this opportunity offers the best of both worlds.

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Commercial Active

Price

$ 279,000

Full Bath

3

Property Type

Commercial

Taxes

$ 2,780

Style

Lot Size

0.04

Year Built

1830

Town/City

Norwich

MLS | Web ID

24118625

Features
General
Zoning MF
Neighborhood N/A
County New London
Tax Year July 2025-June 2026
Location Suburban
Property Type Commercial For Sale
Status Active
Acres 0.04
Directions per GPS
City Norwich
Sq Ft Total 2014
DOM 109
Year Built 1830
Present Use Multi Family/Commercial
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Interior
Utilities Available Electric Gas Phone Available Cable
Cooling System Window Unit
Total Number of Units 3
Flooring Vinyl
Total Rooms 0
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Exterior
Water Source Public Water Connected
Lot Description Level Lot Cleared
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* Excluded Features
List By
Jason Pollard

Listing Agent

Compass Connecticut, Llc

Broker

jason.pollard@compass.com

Email

Affordability Calculator

$1,972
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,741
Monthly Property Taxes
$232
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/17/2025$279,000 -6.69% Price Down
10/7/2025$299,000 -6.27% Price Down
8/29/2025$319,000 Listed Price

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197 Central Avenue, Norwich, CT, 06360 is a Commercial Property for sale at $279,000 with 2,014 sqft and a lot size of 0.04. 197 Central Avenue has 3.0 baths and was built in 1830. The property's zip code is 06360 which is in Norwich, CT