Drawbridge Realty
Listed by Drawbridge Realty
$199,000
28 Talman Street Norwich, CT
Details
Property Type Office, Retail
Square Footage 7,800
Cap Rate 4%
NOI $7,961
Occupancy 100%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 25.13%
Pro-Forma NOI $50,000
Price per SqFt $26
Broker Co-Op Yes
Class C
Year Built 1945
Stories 2
Zoning Commercial
Ground Lease No
Self storage, Retail, Office, Recording Studio
Marketing description
This property is located on the banks of the Shetucket River at the mouth of the Thames in downtown Norwich, CT. The property has some beautiful views and lots of potential. Over 7,000 square feet of space and already set up with multiple separate storage units on the base level. On the main level there are multiple tenants recording studio/upholstery shop/offices. This property is being sold as a package with 32 Talman Street. Currently one vacancy. Owner is utilizing storage units for his personal storage, pending transfer of the property most of the storage units will be available.
Listing Contacts
Drawbridge Realty
Listed by Drawbridge Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$7,961.00
$663.42/mo
Valuation Metrics
0
DSCR
4%
Cap Rate
4%
ROI
Map
Zoning
MF ResidentialMulti FamilyMulti Family
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View all 50 uses Last updated Feb 19, 2026 For deeper zoning details, reports are available at Zoneomics
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