16 Town St Norwich, CT 06360

16 Town St, Norwich, CT, 06360
16 Town St, Norwich, CT, 06360
Property Type:
Last Verified:
Jan 29, 2019


  • 1.3 Acres Development Site Norwichtown, CT
  • Town Street near Norwichtown Commons Power Center
  • Near Backus Hospital and Medical Areas
  • Excellent Mixed Use and or Retail Site
  • Suited for a 10,000 SF Building (with permitting)


1.3 acre Development Site Assembled on Town St in Norwichtown.
Mixed Use or retail with permitting. Great suburban location surrounded by multiple national brand retailers, area hospitals and medical centers, as well as all of the quaint attributes of hometown living.

Outstanding Town Street Development Site. A stone's throw from the Norwichtown Commons, including major national retailers, and housed directly in the Backus Medical Area.

Year Built: 1900
Building Size: 12000.0sq ft
Building Class: C
Lot Size: 1.3 acres

Map of 16 Town St, 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.