North Norwich Plaza Fails To Sell After Three-day Auction

By: Grady Thompson

NORWICH – The future of the North Norwich Plaza remains unclear after the property failed to sell during a three-day online auction that ended Thursday.

A representative from Ten-X Commercial, the platform on which the auction was held, confirmed on Friday the property did not sell because the bidding did not meet the seller's undisclosed reserve price.

As of Thursday afternoon when the auction ended, the current bid had not exceeded the starting bid price of $350,000.

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