New Listing - 12/15/2024

$1,910,000 ($70.33 per sqft)

Est. Mortgage $9,533/mo *

Quick Pre-Approval

651 Norwich Road, Plainfield, CT, 06374

651 Norwich Road, Plainfield, CT, 06374

5 rooms

5 beds

1 Full baths

1927

Units on different Floors

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:

Multi-family

Units:

20

Zoning:

RA19

Garage:

None, Paved

Heating:

Hot Water

Cooling:

Central Air

Basement:

Full

Parking:

99-car

Acreage:

2.5

Est. Taxes:

$33,000

Assessment

$1,595,880

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

2

MLS #:

24064446


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