New Listing - 12/15/2024
651 Norwich Road, Plainfield, CT, 06374
1927
27,156 sqft
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.
Status:
Active
Type:
Commercial
Units:
1
Zoning:
RA19
Frontage:
State Road
Garage:
Paved
Heating:
Hot Water
Cooling:
Central Air
Parking:
100-car
Acreage:
2.5
Est. Taxes:
$34,000
Assessment
$1,595,880
Current Use
Vacant
Permitted Use
Apartments, Condos
Utilities
Electric,Gas,Telephone,Fire Suppression System
Lot Description:
Level Lot
Days on Market:
6
MLS #:
24063751
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Anthony Chabot, Chabot & Associates Real Estate Email: Anthonychabot@gmail.com