Commercial > Office
Active
06/01/2025
List Price
$497,500$91/ft²
157 Main St
Norwich, NY 13815
- -Bed
- -Bath
- 5,480ft²Living Area
- 0.6acLot Size
- -Pool
- 31Car
- 1988Year Built
- 58DOM
- -Permit
157 Main St, Norwich, NY 13815 is a 5,480 ft² commercial office property property built in 1988 on a 0.560 acre lot. This commercial office property is currently listed for $497,500, and it was last sold in 2010 for $180,000.
MLS Description
The listing agent's description. Original Listing
Exceptional Investment Opportunity – Medical Office Building with NNN Lease.
Turnkey commercial investment in the heart of Norwich, NY. This well-maintained brick Medical Arts Building is home to a highly respected and established healthcare provider/dermatology practice offering over 160 locations throughout nine US states.
Triple Net Lease in place with 3 years remaining and a 5-year renewal option.
Current rent is $5,000/month with a Capitalization Rate of 12.06%.
High-visibility location with strong regional tenant brand recognition.
Well-kept brick structure offering minimal owner responsibility. Property offers 30+ parking spaces and convenient ramped access to reception area and medical rooms.
This is a rare chance to own a stabilized income-producing asset with a trusted medical tenant in an easily accessible location near the center of the City of Norwich. Ideal for investors seeking consistent cash flow with minimal overhead.
Please refer to the attached interior 3D tour for a walkthrough of the interior main floor interior:
https://bit.ly/Tour157EastMainStHere
Listing Agents
The listing agent for 157 Main St is Kevin D. Walsh.
KD
Kevin D. Walsh
Keller Williams Upstate NY Properties
License: 10301203604
Phone: (607) 431-2540
Current Ownership
Information about the current owner(s).
Property History
157 Main St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 157 Main St
Hazard Risks
Wind133Nat'l Avg100Ozone92Carb Mono87Air Pollution87Particulates79Lead71Earthquake38Hail34Weather26Tornado25Hurricane22
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 157 Main St.
Walkability Index
8 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
157 Main St has a walkability score of 8 out of 20, which means that it is in a car dependent area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
14°F
High
31°F
Summer
Average
Low
54°F
High
77°F
In the winter at 157 Main St, temperatures range from 14.09°F to 31.07°F with an average of 22.58°F. In the summer, the temperature ranges from 54.14°F to 76.68°F with and average of 65.41°F.
School Information
Public/private schools serving 157 Main St
Public Schools
Stanford J Gibson Primary School
Grades: PK-2
1.14 mi
Norwich High School
Grades: 9-12
0.49 mi
B-
Perry Browne Intermediate School
Grades: 3-5
1.12 mi
D+
Norwich Middle School
Grades: 5-8
0.48 mi
C+
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 157 Main St have ratings undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in 13815.
Seasonal Housing units 13815
25%of housing is for seasonal rent.
Daytime Population for 13815
+32%of people during work hours.
Crime Index for 13815
130
130
The crime index in 13815 is 130, which is 1.3 times higher than national average.
Market Trends
Historical market data near 157 Main St over selected time period.
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