Sprague, CT Commercial Real Estate for Lease and Sale

Explore 15 listings of Sprague commercial real estate to find the best space for your business.

Sprague -High Street

245 High Street, Baltic, Sprague, CT
Property

VacantLand
For Sale

$180,000
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McKeon Park Apartments

11-25 Taftville Occum Road , Occum, Norwich, CT
Property

Multi-Family

11,278 SF
Year Built

1890
For Sale

$1,800,000
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Lots 33,34,35 on Murphy Road

Lots 33,34,35 on Murphy Road, Franklin, CT
Property

VacantLand
For Sale

$795,000
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For Lease & Build to Suit Opportunity

1 Wisconsin Ave, Bean Hill, Norwich, CT
Property

Industrial
Availability

1 Space

66,000 SF
Year Built

1971
For Lease Contact for pricing
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135 Route 32

135 Route 32 , Franklin, CT
Property

VacantLand
For Sale

$1,914,000
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DEVELOPMENT SITE - LISBON CT

110 & 106 River Rd, Lisbon, CT
Property

VacantLand
For Sale

$1,200,000
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Northridge Multifamily Development

9 Northridge Drive, North Windham, Windham, CT
Property

VacantLand
For Sale

$1,700,000
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267 Otrobando Avenue

267 Otrobando Ave, Bean Hill, Norwich, CT
Property

Industrial

10,000 SF
Year Built

1985
For Sale

$1,500,000
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309 Otrobando Avenue

309 Otrobando Ave, Bean Hill, Norwich, CT
Property

Office

1,500 SF
Year Built

1895
For Sale

$995,000
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322 Boston Post Rd

322 Boston Post Rd, North Windham, CT
Property

VacantLand
For Sale

$1,500,000
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Norwichtown Development Land

16 Town St, Norwichtown, Norwich, CT
Property

VacantLand

12,000 SF
Year Built

1900
For Sale

$1,200,000
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One Towne Park Plaza Medical Office

11 Case Street, Bean Hill, Norwich, CT
Property

Office

17,922 SF
For Sale

$3,495,000
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295 Otrobando

295 Otrobando, Bean Hill, Norwich, CT
Property

VacantLand
For Sale

$295,000
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Cedar Glen Apartments

99 Cedar Street, Jail Hill, Norwich, CT
Property

Multi-Family

49,522 SF
For Sale

$7,475,000
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The Mercantile Exchange

55 Main Street, Jail Hill, Norwich, CT
Property

Office
Availability

1 Space

27,470 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The listing inventory in Sprague incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Sprague is represented by Office space.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Sprague, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property.

The average size of a commercial property in Sprague depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build.

Sprague, CT Commercial Real Estate for Lease and Sale

Sprague -High Street

McKeon Park Apartments

Lots 33,34,35 on Murphy Road

For Lease & Build to Suit Opportunity

135 Route 32

DEVELOPMENT SITE - LISBON CT

Northridge Multifamily Development

267 Otrobando Avenue

309 Otrobando Avenue

322 Boston Post Rd

Norwichtown Development Land

One Towne Park Plaza Medical Office

295 Otrobando

Cedar Glen Apartments

The Mercantile Exchange

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Sprague, CT Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Sprague, CT?

What factors affect the price of commercial real estate in Sprague, CT?

What are the best areas for commercial real estate in Sprague, CT?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Sprague, CT?

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