309 Otrobando Avenue

309 Otrobando Ave Norwich, CT 06360

309 Otrobando Ave, Norwich, CT, 06360
309 Otrobando Ave, Norwich, CT, 06360
Property Type:
Multi Tenant Office
Last Verified:
Jan 29, 2019



General Commercial Property
4.01 AC Site at Exit 27 off Routes 2 & 32
3000 SF Office Building
Annex Barn Building 1500 SF and 3000 SF Glass Greenhouse

Modified Gross Lease Available

Near Norwich Business Park and Routes 2 & 32 in Norwichtown. Located at exit 27 off Route 2 & 32 at intersection of West Town and Otrobando Ave.

Year Built: 1895
Building Size: 3000.0sq ft
Building Class: B
Lot Size: 4.01 acres

Units for Lease

Building 1
Space Available: 3000 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $10.0

Map of 309 Otrobando Ave, 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.