The Mercantile Exchange

For SaleContact for pricing

55 Main Street, Norwich, CT 06360

  • Office
  • General Office

The Mercantile Exchange, Norwich, CT 06360 - Office Space

The Mercantile Exchange is located at 55 Main Street in the Jail Hill neighborhood, CT, Norwich, 06360. The Office building features a total of 27,470 Sqft.

There are 4 office spaces for lease in the Jail Hill neighborhood, totaling 52,637 Sqft of available office space. The office space availability for the 06360 zip code is 52,573 Sqft, in 9 office spaces. The average asking office rent per sq. ft. in Jail Hill is $19/sqft/year. For Class A office buildings the average office rate is $20/sqft/year, for Class B office buildings the average office rate is $18/sqft/year.

In Jail Hill, there are 2 class A office buildings, there are 3 class B office buildings. At zip code level, there are 21 commercial properties, of which 2 are office buildings over 50,000 square feet.

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Details

  • Price Contact for pricing
  • City Norwich
  • Neighborhood Jail Hill
  • Zip Code 06360
  • Market Bridgeport New Haven
  • Property Type Office - General Office
  • Property Size 27,470 Sqft
  • Date Updated 28 Feb, 2021

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Description

In the premiere downtown CBD location with commanding views of the Thames River, the Mercantile Exchange is the only “Class A” office building in the greater Norwich market. This five-story structure, built in 2004, offers discerning tenants architecturally significant masonry and steel construction, superior fenestration, flexible and accommodating floor plates. The Mercantile Exchange was built with the finest quality materials and exacting design standards by Downes Construction. The Mercantile Exchange strikes a compromise between today’s modern office metrics demand with a “Greenwich”, old world appeal. The project is professionally managed and features on-site security, adjacent structured parking, and ground level retail space.

For Sale or Lease

FREQUENTLY ASKED QUESTIONS

What is the total square footage of The Mercantile Exchange?

The Mercantile Exchange totals 27,470 square feet.

Jail Hill Demographics

The average household income in zip code 06360 is $74,460, from a total of 14,853 households. In terms of employment, there are 84.12 % white-collar and 15.88 % blue-collar jobs in zip code 06360.

Population

  • Total Population36,396
  • Male Population(48.1 %) 17,492
  • Female Population(51.9 %) 18,904
  • Median Age37.70

Income/Financial

  • Average Household Income$74,460
  • Median Household Income$58,269
  • Median Income Under 25$40,000
  • Median Income 25-44$56,386
  • Median Income 45-64$70,792
  • Median Income Over 65$44,903

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John J. Cafasso

Colliers International

(860) 616-4013

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