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Griswold Multifamily Conversion Opportunity

54 North Main St Griswold, CT 06351

54 North Main St, Griswold, CT, 06351
$650,000
For Sale
Claim this Listing
$650,000

24,099 SF building with approved plans for 43 apartments.

Property Size24,099 SF
Price / SF$26.97
AddedMar 10
Days on Market128
Last RefreshJul 2 at 8:36 am

Property Features for 54 North Main St

General Information

Standard status
Active
Size
24,099 SF
Property subtype
Commercial

Building Details

Year Built
1928

Listing office U.S. Properties Real Estate Services, LLC

Listing date Mar 10, 2026

Source Elliman

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

All listing content including descriptions, pricing, images are the copyrighted material of U.S. Properties Real Estate Services, LLC


Investment Insights

Based on property information with market context.

This is a 24,099 square foot commercial building, formerly St. Mary's School, featuring two stories and a full basement. The town has approved plans to convert the building into 43 apartments, consisting of 37 one-bedroom units and 6 two-bedroom units. The first floor will accommodate 13 units and will be handicap accessible. This property presents a redevelopment opportunity in an area with high demand for apartments. The location is 20 miles north of Mohegan Sun Casino, Foxwood Casino, and Norwich, and 30 miles from Electric Boat headquarters.

Key Highlights

  • Town approved plans for conversion to 43 apartments (37 one‑bedroom, 6 two‑bedroom).
  • Great re‑development opportunity in an area with high demand for apartments.
  • 24,099 SF commercial building with 2 stories and full basement.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Post Office Post Office United States Postal ... Post Office Mobile Pantry Church Pyro Audio Recording Studio Ashley Krzywicki, LMFT Crisis Center

Suggested Use

Auto Repair Shop Law Firm (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store HVAC Service Furniture & Home Goods Hair Salon Storage Facility Grocery & Convenience Store Big Box & Wholesale Store

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

FAQs

What type of property is this?
Apartment building - 24,099 SF building with approved plans for 43 apartments.
Where is this apartment building located?
The property is located at 54 North Main St Griswold, CT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Town approved plans for conversion to **43 apartments (37 one‑bedroom, 6 two‑bedroom)**.; Great re‑development opportunity in an area with high demand for apartments.; 24,099 SF commercial building with 2 stories and full basement.
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