$950,000
$1,100,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
24,964 SqFt
SOLD DATE : 11/01/2021
Key Details
Sold Price $950,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 24,964 sqft
Price per Sqft $38
MLS Listing ID 170374274
Sold Date 11/01/21
Year Built 1900
Annual Tax Amount $14,267
Lot Size 9,147 Sqft
Property Description
Royal Arcanum Building. A rare opportunity to own one of Norfolk’s grand landmark buildings. Designed by world renowned architect Alfredo Taylor, built in 1899 in the heart of the village, now a certified historic structure. The brick and stone building is rich in history and well purposed in the present. With three stories and over 13,000 sf of effective area it has been home to such entities as the local fire department, post office, probate courts, VFW, local drug store and meeting place for the Masons. It is currently fully occupied and utilized. The first floor has a thriving 70+ seating restaurant with additional patio seating, prep areas and large walk in cooler. Three additional businesses round out the first floor. The second floor consists of 5 residential apartments, and the third floor is comprised of 3 large office spaces that could easily be separated further. Ample parking available with eight private spaces and numerous on street sites. The building has undergone many renovations and improvements while keeping the original architecture. These include renovations in the apartments, updates in plumbing, heat, and electrical services, installation of a sprinkler system, new copper on the slate roof, and a new oak staircase on the first floor to name a few. Truly a turnkey ready to go opportunity.
Location
State CT
County Litchfield
Zoning 2-1 commercial
Interior
Interior Features Fire Suppression System, Living Space Available, Public Restrooms, Security System
Heating Baseboard, Radiator, Steam
Cooling Central Air, Window Unit
Flooring Wood
Exterior
Exterior Feature Door Sign, Gutters, Sidewalk
Garage Unassigned Parking
Utilities Available Electric, Phone Available, Cable, Fire Suppression System
Roof Type Slate
Building
Story 3
Sewer Public Sewer Connected
Water Public Water Connected
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Bought with Betsy Little • Betsy Little Real Estate LLC
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Broker | REB.0791464