58 Yantic Flats Road, Norwich, CT

$350,000

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7,653

Square feet

0.46

Acres

About 58 Yantic Flats Road

Owner/User Opportunity. Seller willing to hold paper. On the first floor, spanning 3,201 sq. ft., is an open area of 1,519 sq. ft. accentuated with 10 ft ceilings, surrounded by adaptable rooms and office spaces. Upstairs, you'll find a permitted 1-bedroom apartment. This residential space comes complete with a functional kitchen, a cozy living room, a sun-kissed sunroom, and additional storage areas. Paying $600/month. Further complementing the property's appeal is the 1,500 sq. ft. industrial garage. This space boasts a 16 ft ceiling, ample storage overhead, and large doors that welcome a variety of vehicles, from trucks to buses. An entity currently leases this expansive garage, with a monthly rent of $1,500, further augmenting the property's revenue stream. The forced air heating system is powered by natural gas to the comprehensive air conditioning. A city water supply and a septic system handle utilities, but there’s potential for a city sewer hookup nearby. Its past as the domicile of Camaro Signs underscores its commercial adaptability. Moreover, the property's proximity to major roads, just a minute from the interstate, ensures seamless accessibility. For the tax year of July 2023 to June 2024, the property has been assessed at a total value of $416,200. In essence, this commercial property in Norwich is not just a purchase; it's an investment ripe with potential, combining residential and commercial prospects in a flourishing hub.

Features of 58 Yantic Flats Road

MLS® # 170595258
Price $350,000
Square Footage 7,653
Square Footage Public Records
Acres 0.46
Year Built 1960
Type Commercial For Sale
Status Closed

Community Information

Address 58 Yantic Flats Road
Area Yantic
City Norwich
County New London
State CT
Zip Code 06360

Amenities

Utilities Electric, Gas, Cable
Parking Spaces 24
Parking Covered Garage, Parking Lot, Unassigned Parking
Is Waterfront No
Has Pool No

Interior

Interior Features Living Space Available, Loading - Grade, Security System
Heating Gas on Gas, Electric, Gas In Street
Cooling Split System
Fireplace No
# of Stories 2

Exterior

Exterior Features Awnings, Doors - 10-15 ft, Outside Storage Area, Roof Sign, Storage Building
Lot Description Dry, Level Lot
Roof Asphalt Shingle
Foundation Concrete

Additional Information

Date Listed September 1st, 2023
Days on Market 66
Zoning GC
RE / Bank Owned No

Listing Details

OfficeSeaport Real Estate Services

Listing Map

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