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.
