Active
651 Norwich Road
Plainfield CT, 06374
$1,910,000
$70.33 per sqft
Active
27,156 sqft
Commercial
Built in 1927
Attention developers and investors! Rare opportunity to acquire a former school building and convert it into a multifamily complex or condominiums. 18,600sf plus just under 9,000sf of finished basement space with abundant natural light. Average classrooms range from 600-800 sq. ft. Otis elevator, extensive ADA-compliant bathrooms, and ramps. Equipped with a natural gas boiler, central heat, hot water baseboard, newer windows and central air conditioning. Approx. 100 parking spaces 2.5-acre level lot with room to add garages for additional storage Sprinkler system, fire alarm and burglar alarm systems in place. 20 minutes from Foxwoods and Mohegan Sun, two of the largest entertainment destinations in the region. Only 2 minutes from I-395 This property is poised for significant appreciation with its high potential for redevelopment. Whether you're looking to create modern apartments, luxury condominiums, or a combination of both, the possibilities are endless. The current infrastructure and accessibility features are already in place, reducing the need for extensive upgrades. This is a once-in-a-lifetime opportunity to invest in a property with incredible upside potential. Interested buyers are encouraged to conduct their own diligence to verify all details and ensure this investment aligns with their vision.
24063751
MLSⓇ ID
December 15, 2024
Listed
December 18, 2024
Updated
Map
651 Norwich Road
Plainfield CT, 06374
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Natural Gas, Hot Water
Exterior/Building Features
Lot Size
2.5 Acres
Lot Features
Level
Roof
Asphalt
Sewer
Public Sewer
Other Property Details
Area Name
N/A
Taxes
$34,000
Tax Frequency
Annually
Days on Market
3
Garage
No
Parking Total
100
View
No
County
Windham
Water Source
Public
Pool
No
Zoning
RA19
Listed by Anthony Chabot with Chabot & Associates Real Estate
Listing Contact: 5088470902
The IDX display contains information sourced from the Smart MLS, Inc as of 12/18/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 12/18/2024 at 5:39 PM UTC