651 Norwich Road, Plainfield, Connecticut

$1,910,000

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5

Beds

1

Bath

27,156

Square feet

2.50

Acres

About 651 Norwich Road

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.

Features of 651 Norwich Road

MLS® # 24064446
Price $1,910,000
Bedrooms 5
Bathrooms 1.00
Full Baths 1
Square Footage 27,156
Acres 2.50
Type Multi-Family For Sale
Sub-Type 5 Family+
Style Units on different Floors
Status Active

Community Information

Address 651 Norwich Road
Area N/A
City Plainfield
County Windham
State Connecticut
Zip Code 06374

Amenities

Parking Spaces 99
Parking None, Paved
Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Heating Hot Water, Natural Gas
Cooling Central Air
Fireplace No
Has Basement Yes
Basement Full

Exterior

Exterior Brick
Lot Description Level Lot
Roof Asphalt Shingle
Foundation Concrete

School Information

Elementary Per Board of Ed
High Per Board of Ed

Additional Information

Date Listed December 15th, 2024
Days on Market 296
Zoning RA19
RE / Bank Owned No

Listing Details

OfficeChabot & Associates Real Estate

Listing Map

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