157 East Main Street, Norwich

$ 497,500
157 East Main Street, ,

Overview

  • Updated On:
  • February 10, 2026
  • 5,480.00 ft2 Interior
  • 0 Bathrooms
  • 0.56 ac Acres

Description

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

Property Location

Street: 157 East Main Street
Tax Area: Norwich-City
County:
Postal City:
State: NY
Zip: 13815
School District: Norwich
Waterfront Y/N: No
HOA Y/N: No
Directions: From the center of Norwich, follow East Main St to property on the left (#157)

Property Details

Property Id: 139138
Price: $ 497,500
Property Size: 5,480.00 ft2
Property Lot Size: 0.56 ac
Waterfront Y/N: No
Basement: Full
Building Sq Ft Total: 5480
Building Features: Office, PublicRestrooms
Cooling: CentralAir
Directions: From the center of Norwich, follow East Main St to property on the left (#157)
Elementary School District: Norwich
Flooring: Carpet, Linoleum, Vinyl
Gross Income: 60000
Heating: Gas, ForcedAir
High School District: Norwich
Inclusions: Land and Building
Levels: Two
List Office Name: Keller Williams Upstate NY Properties
List Office Phone: 607-336-3636
Listing Id: R1608091
Lot Features: Rectangular, RectangularLot
Lot Acres: 0.56
Lot Dimensions: 80X125
Middle School District: Norwich
Status: Active
Net Operating Income: 45569
Operating Expense Includes: Other, SeeRemarks
Parking Total: 31
Photos: 42
Possession: CloseOfEscrow
Possible Use: MedicalDental, Office
Postal City: Norwich
Roof: Asphalt, Membrane, Rubber
StateOrProvince: NY
Stories: 2
Street Prefix: E
Street Name: Main
Street Number: 157
Street Number Numeric: 157
Street Suffix: Street
Total Taxes: 14431
Assessed Value: 180000
Town: Not Applicable
Utilities: ElectricityConnected, SewerConnected, WaterConnected
Water Source: Public
Year Built: 1988
YearBuiltDetails: Existing
Zoning: 02
Zoning Description: Commercial

Amenities and Features

Other Features
Basement Y/N 1
Fireplace Y/N
Has Cooling System
Has Heating System
Courtesy Of : Keller Williams Upstate NY Properties
607-336-3636

The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than Edelweiss Properties Realtors, LLC are marked with the IDX logo and include the Listing Brokerage’s Name and Phone Number.

All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the Listing Brokerage nor Edelweiss Properties Realtors, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. All rights reserved.

Map

Payment Calculator

$ 2,550.78
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,928.91

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