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For Sale Details

$750,000
$76.88 / SF
  • Property Type Retail, Office, Industrial, Other
  • Sale Type Owner-User
  • Status Active
  • Created 04/08/26
  • Updated 09/03/26

About 558 West Main Street, Norwich, CT 06360

Positioned along a high-visibility commercial corridor, 558 W Main St offers a spacious commercial building. Its generous interior layout, strong traffic exposure, and adjacency to major national retailers make it an appealing site for operators or investors seeking a prominent Norwich location.

The federal Opportunity Zones program was designed to incent public and private stakeholders to work together to rebuild American cities. Eligible investors who make qualified investments within those zones may be eligible for significant capital gains tax benefits.

Building Details

  • Tenancy: Owner User
  • Building Area (SF): 9,756
  • Year Built: 1962
  • Drive In Doors: 1
  • Number of Stories: 2

Land Details

  • Acreage: 0.65
  • Gas: Yes
  • Sewage System: Septic
  • Water System: Public Water

Documents for 558 West Main Street, Norwich, CT 06360

Rev 8-28 558 W Main, brochure.pdf

The Retail, Office, Industrial, Other property at 558 West Main Street, Norwich, CT 06360 is currently available for sale. Contact Ron Lyman from Lyman Real Estate for more information.

About this area: Norwich, CT

Conn-Comp market snapshot

Commercial sales in Norwich, last 12 months

46
sales recorded
$120
median price per SF
$84 - $148
middle half, per SF
$488,000
median sale price
50% of sales were financed. Median price per SF up 21% from the prior 12 months. New London County: 177 sales, median $129 per SF, average mortgage rate 7.25%. October 2025 through September 2026. Source: Conn-Comp Sales Data, verified Connecticut sales and recorded mortgages. For verified sales data, use Sales Data Login

Norwich's commercial property is concentrated downtown, along West Main Street, Route 82 and Route 32, and at the Norwich Business Park near I-395. Health care is the largest job sector, led by Backus Hospital. Commercial and industrial property makes up 23% of the net grand list. The Norwich Transportation Center downtown is the hub for Southeast Area Transit buses.

Population39,973
Jobs located here16,984
Largest employersWilliam W. Backus Hospital, City of Norwich (including Norwich Public Utilities), State of Connecticut, U.S. Food Service, United Community & Family Services
HighwaysI-395, Route 2, Route 2A, Route 12, Route 32, Route 82
People within a 45-minute drive545,321
Median household income$65,024
CountyNew London County

Town facts: AdvanceCT and CTData Collaborative, 2026 Town Profile