1969

51,414 sqft

INVESTORS AND DEVELOPERS TAKE NOTICE, BILL PASSED EFFECTIVE 10-1-24 PROVIDES MUNICIPALITIES ARE GENERALLY REQUIRED TO ALLOW NON-FUNCTIONING CONVALESCENT FACILITIES TO BE CONVERTED TO MULTIFAMILY HOUSING. Reach out for documents. Massive 51,414 gross square foot Commercial space located in Norwich, CT. This property is in need of renovation, has an exterior in overall good condition, previously used as a Convalescent/Nursing Home, yet has many possibilities per R-20 Zoning Regulations. Currently 40 parking spaces. NEWER: Sprinkler system, Generator system. The parcel consists of 10.06 Acres in a private setting - some wetlands are present. Ample parking surrounds the property with land for parking expansion. Reach out with questions, clients and client's agent to complete all due-diligence necessary for their project, conversion, and approvals.


Status:

Active

Type:

Commercial

Units:

119

Zoning:

R20

Frontage:

Municipal Street,Paved Road

Garage:

Paved, Off Street Parking

Heating:

Hot Water

Cooling:

Ductless, Split System, Wall Unit

Parking:

40-car

Acreage:

10.06

Est. Taxes:

$96,525

Assessment

$2,903,000

Permitted Use

Multifamily Conversion

Utilities

Electric,Gas,Cable,Fire Suppression System

Lot Description:

Some Wetlands,Treed,Dry,Level Lot

Days on Market:

22

MLS #:

24056641


Community Info

School Info


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Listing courtesy of Steph Rush, RE/MAX Legends Email: realtor.srush@gmail.com