13-15 South Broad Street

Norwich, NY 13815

$499,000
Price
2
Beds
2
Baths
25,038 Sq. Ft.
$20 / Sq. Ft.
25,038
Sq. Ft.
$20
per Sq. Ft.

Virtual Tour

Virtual Tour

Description

Prime Mixed-Use Residential & Commercial Property in downtown Norwich. Located in an active downtown Business Improvement District, this well-maintained brick building offers a blend of historic charm and modern functionality. 25,000+ square feet of prime, income-generating residential and commercial/office space - Two fully furnished apartments, ideal for AirBnB or Executive Stay rental income. Six occupied office spaces catering to small businesses, professionals, and entrepreneurs. Gross Annual...Prime Mixed-Use Residential & Commercial Property in downtown Norwich. Located in an active downtown Business Improvement District, this well-maintained brick building offers a blend of historic charm and modern functionality. 25,000+ square feet of prime, income-generating residential and commercial/office space - Two fully furnished apartments, ideal for AirBnB or Executive Stay rental income. Six occupied office spaces catering to small businesses, professionals, and entrepreneurs. Gross Annual Revenue of $87,000+ with potential for further development and expansion, either with additional residential units or separation of large commercial spaces. Features for future tenant enticement - Beautiful brick façade and inviting storefronts ensuring a professional and welcoming appearance. Ample parking available in a municipal lot with easy access from the rear of the building - providing convenience for tenants and visitors alike. Situated in the heart of Norwich, surrounded by businesses, retail shops, and restaurants - all ensuring great visibility. This property presents a unique investment opportunity with its prime location in Norwich’s downtown corridor. Whether you're looking to expand your portfolio or establish a flagship business presence, this building combines versatility, revenue potential, and great curb appeal. Don't miss your chance to own a piece of Norwich's vibrant downtown. Please refer to the attached 3D Tour or copy the link below to your browser for a walk thru of the 2nd & 3rd floors: https://my.matterport.com/show/? m=kja7A5G9nLr&brand=0
  1. Listed by Kevin D. Walsh • Keller Williams Upstate NY Properties
    P: (607)-336-3636 C: (607)-226-8880 kevinwalsh@kw.com

Property Details for 13-15 South Broad Street

On Waterfront
No
Parking Description
Common, Paved, Parking Available, On Street, Two Or More Spaces
Nearest Cross Street
East Main St
LISTING UPDATED: 12/23/2024 01:18 PM

Property Details for 13-15 South Broad Street

StatusActive
MLS #R1582052
Days on Market2
Taxes$14,605 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential / Mixed Use
Year Built1960
Lot Size0.22 AC / 9,583 SF
CountyChenango County

Virtual Tour

Building Information for 13-15 South Broad Street

Stories3Residences2Year Built1960Lot Size0.22 AC / 9,583 SF

Property Information for 13-15 South Broad Street

Summary
Location and General Information
  • Elementary School District: Norwich
  • High School District: Norwich
  • Middle Or Junior School District: Norwich
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Norwich-City-081100
  • Tax Annual Amount: $14,605.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 25038.0
  • Land Features: Rectangular
  • Num Of Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Square Feet: 9583.0
  • Lot Size Units: Acres
  • Parcel Number: 081100-136-560-0003-026-000-0000
  • Road Frontage: Main Thoroughfare
  • Lot Number: 26
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $190,000
  • Year Built: 1960
  • Year Built Description: Existing
  • Zoning Description: Residential Multi Use
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 4
  • Num Of Gas Meters: 2
  • Sewer Description: Connected
  • Utilities Available: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Frame
  • Foundation Description: Block, Stone
  • Roof Description: Composition, Membrane, Rubber
  • Type Of Building: Mixed
  • Security Features: Fire Escape
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 2
  • HVAC Type: Ductless
  • Cooling YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Varies
  • Furnished: Furnished
  • Heating: Ductless, Gas, Baseboard, Steam, Space Heater
  • Heating YN: Yes
  • Interior Features: Ceiling Fans, Natural Woodwork
  • Sq Ft Total: 25038.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $87,606.00
  • Net Operating Income: $36,740.00
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expenses: $36,261.00
  • Operating Expense Includes: Accounting, Advertising, Electric, Fuel, Insurance, Legal, Licenses, Other, Professional Management, See Remarks, Trash, Utilities, Water Sewer
  • Stories: 3
  • Stories Total: 3
Unit 1
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Dryer,Oven/ Range,Refrigerator,Washer,Dining Area With Living Room,Eat-In Kitchen
  • Unit Type Total Rent: $1,000.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Occupant Type: Other
  • Unit Type Actual Rent Range: 1000
Unit 2
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Dryer,Oven/ Range,Refrigerator,Washer,Dining Area With Kitchen
  • Unit Type Total Rent: $1,000.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Occupant Type: Other
  • Unit Type Actual Rent Range: 1000
Rental
Rental Information
  • Rent Includes: All Utilities, Electricity, Heat, Hot Water, Snow Removal, Trash Collection, Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 13-15 South Broad Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 13-15 South Broad Street

Taxable ValueLand$50,400Additions$139,600Total$190,000
Home Facts
Total Finished SqFt20,456 SqFtAbove Grade Finished SqFt20,456 SqFtUnfinished Basement SqFt4,582 SqFtStories3Lot Size9,583 SqFtStyleOffice BuildingYear Built1960Zoning05 - COMMERCICountyCHENANGOAPN081100 136.56-3-26

Schools near 13-15 South Broad Street

This home is within Norwich City School District.
Rating
School
Type
Grades
Distance
Stanford J Gibson Primary School
Public - PK to 2
Perry Browne Intermediate School
Public - 3 to 5
Norwich Middle School
Public - 6 to 8
Norwich High School
Public - 9 to 12
Rating
School
Distance
Stanford J Gibson Primary School
PublicPK to 2

Perry Browne Intermediate School
Public3 to 5

Norwich Middle School
Public6 to 8

Norwich High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Norwich

Neighborhoods

Cities

ZIPs

More information about 13-15 South Broad Street, Norwich, NY 13815

13-15 South Broad Street is a mixed use property for sale in Norwich, NY 13815. This property was listed for sale on December 23, 2024 by Keller Williams Upstate NY Properties, it's currently listed at $499,000. It has been on the market for a total of 2 days and was last sold on June 5, 2018. This listing's school district is Norwich City School District. Nearby schools include Stanford J Gibson Primary School, Perry Browne Intermediate School and Norwich Middle School. 13-15 South Broad Street is a 2-bed, 2-bath, 25,038 sqft mixed use property built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Upstate NY Properties

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.