138 Main Street

Norwich, CT 06360

Listing ID: 214931
$450,000
For Sale
  • Property Type Retail : Food Service
  • Lot Size Acres 0.260
  • Building Sq Ft 6,926
  • Building Price per Sq Ft $64.97
  • Land Sq Ft 11,325
  • Land Price per Sq Ft $39.74
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Description

Commercial building in Opportunity Zone and in the heart of downtown Norwich. 6,926 total SF. 2,646 SF - 1st Floor. 2,140 SF - 2nd Floor. 2,140 SF - 3rd Floor. 1,800 SF - Unfinished attic . Heating: Electric / heat pump. Handicap accessible 1st Floor. Public Water & Sewer. Frontage: 42 Ft. Zone: CC - Chelsea Commercial District . Traffic Count: 5,010. Across from Norwich Courthouse. 4 hour free parking out front. 4 spaces reserved for staff @ $45/month. PERMITTED USES: Office, Retail, Bars, Taverns, Cafes, Clinic, Clubs, Educational institutions, museum, art gallery, Service establishments, Gyms, Fitness centers including dance studio, martial arts. BY SPECIAL PERMIT: Data Center, Food manufacturing, Precision manufacturing & Research laboratories, and more.

Listing Demographics for 138 Main Street Norwich, CT 06360

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population10,86037,42255,717
Population Median Age363940
Population by Age0-9 Yrs1268 (11%)4334 (11%)6140 (11%)
10-19 Yrs1344 (12%)4261 (11%)5979 (10%)
20-29 Yrs2260 (20%)6505 (17%)8967 (16%)
30-39 Yrs1600 (14%)5056 (13%)7484 (13%)
40-49 Yrs1181 (10%)4207 (11%)6206 (11%)
50-59 Yrs1214 (11%)4702 (12%)7576 (13%)
60-69 Yrs1151 (10%)4564 (12%)7154 (12%)
70+ Yrs841 (7%)3793 (10%)6211 (11%)
Median HH Income$52,365$56,009$60,907
Total Household Income< 24K914 (20%)3093 (20%)4138 (18%)
25-49K1154 (26%)3533 (23%)4943 (22%)
50-74K1043 (23%)3039 (20%)4445 (19%)
75-99K534 (12%)1880 (12%)3056 (13%)
100-199K630 (14%)2728 (18%)4672 (20%)
200K+82 (1%)640 (4%)1093 (4%)
Highest Education LevelNo Diploma98232944496
Diploma or GED2928979514267
Some College142257349083
Assoc. Degree57818533281
Bachelors Degree86432904994
Higher Degree35217513230
Total Housing Units5,53317,95526,165
--Owner-Occupied1,7887,76613,067
--Renter-Occupied2,5697,1479,279
Owner-Occupied Values< 100K28310401547
100-199K106143956650
200-299K30516733428
300-399K79378921
400-499K21119269
500K+40160253
Total Working Age Population8,71830,26945,637
In Work Force6,16820,46229,978
Not In Work Force2,5509,80715,659
Workforce Employed5,70318,65427,488
Workforce Unemployed3881,4661,928
Civlian Workforce6,09120,11929,416
Military Workforce77343562
Total Households4,35714,91322,347
Family Households2,5659,20413,903
Non-Family Households1,7925,7088,443
Married Couple1,2575,5729,014
Other Family1,3083,6324,889
Married w/Child4222,1273,286
Single Male w/Child154325464
Single Female w/Child6061,7102,018

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Connecticut3,405,565+53,574,097+13,604,603+13,633,994
New London County259,088+6274,055+2278,756+1280,847
Tolland County136,364+12152,691+3156,588-1155,697

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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