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    248 Broadway Norwich, CT 06360

    For Sale
    $890,000

    Church property with surplus land, ample parking, and versatile spaces.

    Lot size:
    2.41 Acres

    Property Features for 248 Broadway

    General Information

    Lot size
    2.41 Acres

    Building Details

    Year built
    1959

    Source: Signature Properties of NewEng Agent Norman B. Peck

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Church Property on Broadway

    This well-maintained church property is located on historic Broadway and includes surplus land. The 12,718 square foot property consists of two parcels: 248 Broadway and 26 Broad St. The building features offices, a kitchen, a dining area, meeting rooms, and both large and small sanctuaries. It also includes large parking areas and a courtyard. The property has 248 feet of road frontage on Broadway and 134 feet of road frontage on Broad Street. Utilities include public water and sewer, propane, forced air conditioning, and radiant heat. The daily average traffic count on Broadway is 5,300. Permitted uses for the property include recreation, nursing home, hospital, non-profit club, school, place of worship, and family day care.
    Location Intelligence

    Current Use by Public Records

    Cornerstone City Church Place Of Worship St Mark Evangelical ... Lutheran Church

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Norwich
    County
    New London
    State
    Connecticut
    Longitude
    -72.079707
    Latitude
    41.533003

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    FAQs

    What type of property is this?
    Church & religious facility - Church property with surplus land, ample parking, and versatile spaces.
    Where is this church & religious facility located?
    The property is located at 248 Broadway Norwich, CT.
    What is the asking price?
    The asking price for this property is $890,000.
    What are key features of this property?
    This property features: - Versatile Permitted Uses: Suitable for recreation, nursing home, hospital, non-profit club, school, place of worship, family day care.; - Substantial Size & Features: 12,718 sq ft property with offices, kitchen, dining area, meeting rooms, large and small sanctuaries, courtyard, and ample parking.; - Two Parcels with Extensive Road Frontage: Includes two parcels (248 Broadway & 26 Broad St) with 248' frontage on Broadway and 134' on Broad St.
    (860) 460-9757
    Request Owner's contact information
    248 Broadway Norwich, CT 06360
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    Norwich, CT 06360
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    248 Broadway Norwich, CT 06360
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