Church & Religious

Norwich, CT Churches & Religious Facilities for Sale

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Norwich Church Multifamily Conversion Opportunity
Updated: Mar 27
Norwich Church Multifamily Conversion Opportunity

175 Hickory St, Norwich, CT 06360

$325,000
2,232 sqft
DEVELOPMENT POTENTIAL
Can continue to be a Church
Property is well suited for a 2–3 unit multifamily conversion.
Projected rents in the area support:
$3,500 – $4,200+ monthly gross depending on configuration.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Norwich, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Versatile Building, Open Floor Plan
Versatile Building, Open Floor Plan

72 Central Ave, New London, CT 06320

$350,000
7,168 sqft

Investment opportunity: versatile building with open floor plan.

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Church Building with Meeting Rooms
Church Building with Meeting Rooms

236 Montauk Ave, New London, CT 06320

$149,900
5,146 sqft

Established religious facility with basement kitchen, multiple meeting rooms, and potential residential or home-based business use.

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Live-Work Church and Residence
Live-Work Church and Residence

350 Hartford Pike, Killingly, CT 06241

$575,000

Flexible property combining an accessible church space with a residence, plus a detached barn for expanded operations.

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Former Church Building
Former Church Building

50 Academy Street, Killingly, CT 06239

Contact for pricing

Former church property in downtown Killingly with zoning to confirm redevelopment possibilities.

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Norwich, CT Churches & Religious Facilities Market Trends and Statistics

Explore 1 churches & religious facilities for sale in Norwich, CT on our real estate platform. These investment opportunities span a total of 2,232 square feet of properties for sale, with an estimated market value of $325,000.

Sale prices for church buildings in Norwich, CT average $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Churches & religious facilities 3
1031 exchange properties 1
NNN properties 1
Wedding venues 1

Demographics Overview

Population 42K
Population Growth (5Y) +2.5%
Median Household Income $70,774
College Educated 36.4%

High-Yield Neighborhoods for Investment

Identify Norwich submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
06360 $325K

Taxes & Financing

Tax Rate (average for all types) 4.31%
Property Tax per SF $54.28 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in New London County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Norwich fall within the 100,000+ square foot range.

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