$1,910,000

651 Norwich Road, Plainfield, CT 06374

  • 5 beds |
  • 1 bath |
  • 27,156 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1927
  • Property Lot Size Icon2.5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $70/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

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.

Listing Status:
Active
Date Added:
December 16, 2024 at 02:25AM
Listing Office:
Chabot & Associates Real Estate : (508) 847-0902
Listing Agent:
Anthony Chabot : (508) 847-0902
MLS ID:
24064446
  • Basement: Full
  • A/C: Central Air
  • Heating: Hot WaterNatural Gas
  • Fireplace: Fireplaces: 0

This listing courtesy of Anthony Chabot, Chabot & Associates Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Plainfield Memorial School

95 Canterbury Rd, Plainfield, CT, 06374

Grades 4-5

0.93 miles away

P

Plainfield Central School

75 Canterbury Rd, Plainfield, CT, 06374

Grades 6-8

0.89 miles away

P

Plainfield High School

105 Putnam Rd, Central Village, CT, 06332

Grades 9-12

3.87 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.