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🏢 Just listed — Commercial Land for sale in Norwich, CT.

📍 40 North Main Street, Norwich, CT
🏷  Commercial Land · For Sale
💰 $22K

Commercial lot in the heart of Downtown Norwich

<p>Undeveloped lot zoned GC in the heart of downtown Norwich. The property previously leased and had a billboard which was recently removed.</p>

Full financials, photos, and broker contact:
https://commrty.com/property/connecticut/norwich/40-north-main-2553982-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=40-north-main-2553982

#Norwich #Land #CommercialRealEstate #CRE #Investment

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Home/CT/Norwich

40 North Main Street

Norwich, CT 06360

Asking Price

$22K

Asset Type

Commercial Land

Class

Class B

What's Special

Commercial lot in the heart of Downtown Norwich <p>Undeveloped lot zoned GC in the heart of downtown Norwich. The property previously leased and had a billboard which was recently removed.</p>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

363.64%

DSCR

61.25

Strong

Cash-on-Cash

1192.33%

Monthly Payment

$108.844

Annual Cash Flow

$78,693.872

Location & Travel Times

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