41-45 N Broad St - Storefront Retail/Residential FOR SALE


Norwich, NY 13815
$550,000 USD
914-629-1247
41-45 N Broad St, Norwich, NY for Sale
$550,000 USD
Storefront Retail/Residential - FOR SALE
1/3
null | 19.09% Cap Rate

41-45 N Broad St
Norwich, NY 13815


HIGHLIGHTS

  • LOCATED NEXT TO HOTEL AND CENTRAL AREA OF TOWN

OVERVIEW

The property is in good condition. The interior was updated in 2024 with a new rubber roof. It has 12 apartments and 2 stores, both of which are currently being renovated. The outside of the building will get a facelift with a new awning. It is priced to sell immediately. The current owner is too busy and far away to manage the building. The property sales price will increase once both stores are fully upgraded.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$29 USD /SF

CAP RATE

19.09%

% LEASED

-

TENANCY

Multiple

STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BLUE BIRD

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,934 SF

ZONING

commercial

APN/PARCEL ID

081100-136-480-0003-009-000-0000,081100-136-480-0003-010-000-0000

ASK ABOUT THIS PROPERTY

Terry BalkaraniChoice LLCMore Info
914-629-1247

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Terry BalkaraniChoice LLCMore Info
914-629-1247

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.