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    Norwich, CT Hotels for Sale

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    North Stonington, CT Hopkinton, RI Lisbon, CT
    Norwich Two-Story Commercial Building
    $420,000
    9,272 SF
    Norwich Two-Story Commercial Building

    327 Laurel Hill Avenue, Norwich, CT 6360

    9,272 SF two-story building suitable for various commercial uses.
    • Large 9,272 square foot masonry and brick building.
    • Located in an Enterprise Zone and Opportunity Zone offering tax benefits.
    • NC (Neighborhood Commercial) zoning allows for multiple uses (restaurant, hotel, apartments, offices, etc.).
    • Plenty of paved parking with approximately 44 spaces.
    • Handicap access.
    Updated: Sep 1, 2024
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Norwich, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Charming Historic Seaside District Hotel
    $2,650,000
    11,204 SF
    Charming Historic Seaside District Hotel

    Boutique hotel in New London's historic seaside district.

    17 Park Street, New London, CT 06320

    View details
    Boutique Seaside Hotel
    $2,650,000
    11,204 SF
    Boutique Seaside Hotel

    Charming, independently decorated rooms near Ocean Beach Park offer a distinctive coastal stay in New London’s seaside district.

    17 Park Street, New London, CT 6320

    View details
    Charlestown Hotel Opportunity For Sale
    $2,295,000
    Charlestown Hotel Opportunity For Sale

    28-room hotel on Post Road in Charlestown, Rhode Island.

    5407 Post Rd, Charlestown, RI 2813

    View details
    Charlestown Hotel with Renovation Potential
    $2,295,000
    Charlestown Hotel with Renovation Potential

    Two-story hotel with 28 rooms on Post Road.

    5407 Post Road, Charlestown, RI 2813

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Narragansett Commercial Land Opportunity
    $1,500,000
    0.84 Acres
    Narragansett Commercial Land Opportunity

    High-visibility land parcel near Route 1, Narragansett beaches.

    360 Kingstown Road, Narragansett, RI 02882

    View details
    Hotel and Multi-Use Development Land
    $1,600,000
    10.61 Acres
    Hotel and Multi-Use Development Land

    Large development parcel with prior approvals for a 112-unit hotel, offering flexibility for multifamily or student housing redevelopment.

    660 Sherman Avenue, Hamden, CT 06514

    View details
    Hotel Development Opportunity Near Airport
    $3,900,000
    1.42 Acres
    Hotel Development Opportunity Near Airport

    Hotel development opportunity near Farmingdale Airport.

    306-308 Route 109, Farmingdale, NY 11735

    View details
    Historic Germantown Property For Sale
    $1,450,000
    8,656 SF
    Historic Germantown Property For Sale

    Redevelopment opportunity in the heart of Germantown, New York.

    207 Main St, Germantown, NY 12526

    View details

    Off-Market Properties in Norwich, CT

    Consider similar Off-Market properties in Norwich, CT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    5 Watson Rd
    HOTEL
    105,680 SF Lot: 8.50 Acres
    Estimated value
    $3,290,000

    5 Watson Rd, Preston, CT 06365-8828

    View details

    Norwich, CT Hotels Investment Opportunities Market Analysis

    Explore 2 hotels for sale in Norwich, CT on our real estate platform. These investment opportunities span a total of 9,272 square feet of properties for sale, with an estimated market value of $420,000.

    Sale prices for resorts in Norwich, CT start at $420,000, averaging $420,000, and reaching up to $420,000 — 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

    Bed & breakfasts 3
    Hotels 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    06360 $420K

    Taxes & Financing

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

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