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$499,000
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Property Description
Prime Investment Opportunity in Thriving Norwich Corridor! Unlock the potential of this 4,280 SF, three-story commercial building located in the high-visibility Bean Hill neighborhood of Norwich, CT. Positioned just off Route 2 and I-395 with approximately 127 feet of frontage, this highly visible and well-maintained property offers excellent long-term value for investors and owner-users alike. Built in 1870 and thoughtfully updated for modern use, the building features 24 paved parking spaces, a spacious and professional interior layout, with 18 offices, a total of 3 bathrooms, an ADA-compliant bathroom on the first floor. The flexible NC zoning allows for a wide range of commercial uses including therapy, medical, legal, financial, or creative agency space. With clean curb appeal, accessible design, and proximity to major transit routes, medical centers, and downtown Norwich, this property is a strong contender in an appreciating commercial corridor.
Full Property Details
Full Property Details for 200 W Town St
General
- Price: $499,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24099126
- Updated: 11/26/2025
- Added to Site: 271 day(s) ago
Interior
- Interior Features: Handicap Design
Rooms
Bathrooms
- Restrooms: 3
Exterior
- Exterior Features: Awnings, Gutters, Underground Sprinkler
Parking
- Total Spaces: 24
- Parking: Paved
Location
- County: New London
- Neighborhood: Bean Hill
- Driving Directions: Take route 642 to W. Town St.
Community
- Community Name: Bean Hill
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Hot Air, Gas In Street
- Heating Fuel: Gas In Street
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas
Structural Information
- Roof: Asphalt Shingle
- Disability Access: Accessible Bath, Bath Grab Bars, Hallways 36+ Inches Wide, Handicap Parking, Multiple Entries/Exits, Ramps
- Stories/Levels: 3
- Stories in Building: 3
- Square Feet: 4,280
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Professional Therapy Business
- Office: 4,280 Sq. Ft.
- Year Built: 1870
Unit Information
- # Tenants: 1
Unit 1
- Unit Description: Office
Lot Features
- Lot Size (Acres): 0.72
- Frontage: Municipal Street
- Frontage Feet: 127
- Present Use: Professional Therapy Business
- Potential Use: Professional business, Therapy, Architect, Marketing, Law, Accounting, M
- Zoning: NC
- Lot Description: Level Lot, Sloping Lot
Financial Considerations
- Assessment Amount: $344,200
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Lead Disclosure
- Property ID: 2415738
Listed by William Pitt Sotheby's Int'l, Kristina Quinones
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Schools
Schools serving 200 W Town St
School District:Norwich School District
| Name | Grades | Distance |
|---|---|---|
Samuel Huntington School 80 West Town Street, Norwich, CT 06360 | PK-5 | 0.6 mi |
Kelly Middle School 25 Mahan Drive, Norwich, CT 06360 | 6-8 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 200 W Town St
Date
Details
Price
Change
Source
5/28/2025
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 200 W Town St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,982
5%
$344,200
—
2023
$11,445
-15%
$344,200
8%
2023
$13,396
-1%
$320,100
—
2022
$13,502
—
$320,100
—
2021
$13,556
—
$320,100
—
2020
$13,566
4%
$320,100
—
2019
$13,009
37%
$320,100
40%
2018
$9,507
2%
$229,300
—
2017
$9,326
-2%
$229,300
—
2016
$9,560
1%
$229,300
—
2015
$9,491
6%
$229,300
—
2014
$8,952
22%
$229,300
-13%
2011
$7,311
—
$265,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 200 W Town St
200 West Town Street, Norwich, CT 06360 (MLS# 24099126) is a Commercial property. 200 West Town Street is currently listed for $499,000 and was received on May 28, 2025. Want to learn more about 200 West Town Street? Do you have questions about finding other Commercial real estate for sale in Norwich? You can browse all Norwich real estate or contact a Coldwell Banker agent to request more information.

