295 Otrobando, Norwich, CT, 06360

295 Otrobando Norwich, CT 06360

295 Otrobando, Norwich, CT, 06360
295 Otrobando, Norwich, CT, 06360
FOR SALE
Property Type:
Commercial Land Development
Amount:
$250,000
Last Verified:
Feb 13, 2019

Highlights

  • 1.4+/- Acre Parcel Visible from Routes 2 & 32
  • Great location for retail, medical, and office flex space
  • Highway access to Rte 2, 32, I-395
  • Adjacent to Comfort Suites Hotel
  • 1.5 Miles from Backus Hospital (part of Hartford Hospital)

Description

1.4+/- Acre Parcel Visible from Routes 2 & 32
Great location for retail, medical, and office flex space
Highway access to Rte 2, 32, I-395
Adjacent to Comfort Suites Hotel
1.5 Miles from Backus Hospital (part of Hartford Hospital)
Near US Food Distribution Center

Located in Norwich Business Park near US Foods Distribution Center at exit 27 on Routes 2 & 32 Norwich, CT

Lot Size: 1.4 acres

Map of 295 Otrobando, Norwich, CT, 06360

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.