Back to Search

For sale
Schools
CT
Norwich
06360
327 Laurel Hill Avenue

Norwich Two-Story Commercial Building

327 Laurel Hill Avenue, Norwich, CT 06360

View on Map

For Sale

$420,000

9,272 SF two-story building suitable for various commercial uses.

Type:Commercial/Industrial

Property size:

9,272 SF

Lot size:

0.70 Acres

Price / SF:

$45/SF

HighLights

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.
Building built in 1900.

We can help!

Listing Contact

Ron Bates

For Sale

$420,000

9,272 SF two-story building suitable for various commercial uses.

Type:Commercial/Industrial

Property size:

9,272 SF

Lot size:

0.70 Acres

Price / SF:

$45/SF

Added:: Sep 1, 2024
Days on Market:: 653
Last Refresh:: May 19 at 8:30 pm

Property Features for 327 Laurel Hill Avenue

General Information

Standard status: Active
Size: 9,272 SF
Lot size: 0.70 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1900

We can help!

Listing Contact

Ron Bates

Listing agent Ron Bates License #RES.0037517

Listing office Signature Properties of NewEng

Listing date Sep 1, 2024

Source Exitrealty

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 Signature Properties of NewEng

HighLights

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.
Building built in 1900.

Overview

This two-story masonry and brick building offers 9,272 square feet of space. Previously used as a school and most recently as a restaurant, the property features handicap access and approximately 44 paved parking spaces. Situated in an NC (Neighborhood Commercial) Zone, potential uses include a restaurant with a bar, hotel, apartments, mixed-use development, and offices. The property is located within an Enterprise Zone, potentially offering tax benefits, and is also in an Opportunity Zone. The property is sold in "as is" condition, with the seller not responsible for additional repairs or upgrades. Buyers are expected to conduct their own due diligence regarding the property's condition. The sale is subject to Probate Court Approval and is part of the Estate of Guibert Peralte.

Property Profile Location Intelligence

Current Use by Public Records

Schools

Suggested Use

Location Insight

Map
Local Demand

City: Norwich
County: New London
State: Connecticut
Longitude: -72.0749
Latitude: 41.5116

Nearby Similar for Sale

$450,000

4,280 SF

Three-Story Office Building with ADA Access

Three-story office building with 24 paved parking spaces and ADA-compliant first-floor bathroom.

200 W Town Street, Norwich, CT 06360

View Details
$369,900

2,720 SF

Two-Story Office Building

Two-story office building with 12 offices, conference room, reception area, and ample parking on busy Route 82.

76 Salem Turnpike, Norwich, CT 06360

View Details
$650,000

3,476 SF

Mixed-Use Restaurant and Residence

Turnkey first-floor restaurant paired with an upstairs 3-bedroom apartment plus additional finished attic and basement storage.

20-22 Lafayette Street, Norwich, CT 06360

View Details
$650,000

3,476 SF

Mixed-Use Restaurant and Apartment

Turnkey first-floor restaurant paired with a residential unit above, offering combined business and living income potential.

20-22 Lafayette Street, Norwich, CT 06360

View Details
$399,000

2,318 SF

Updated Duplex in Norwich, CT

Well-maintained duplex with updated units and investment potential.

46-48 S A Street, Norwich, CT 06380

View Details
$495,000

3,798 SF

Norwich Multifamily Investment Opportunity

Four-unit property with updated units and income potential.

1-5 Taftville Occum Road, Norwich, CT 06360

View Details
$440,000

2,016 SF

Well-Maintained Duplex: Investment Opportunity

2006 duplex with 6 bedrooms, 4 bathrooms, and private decks.

151-153 Golden Street, Norwich, CT 06360

View Details
$895,000

5,069 SF

7-Unit Multifamily Property

Seven-unit mix of studios, one- and two-bedroom homes with tenant-paid utilities and off-street parking.

7 Broad Street, Norwich, CT 06360

View Details
$200,000

Mixed-Use Property in Norwich, CT

Mixed-use property with retail space and residential unit.

93 Franklin Street, Norwich, CT 06360

View Details
$195,000

1,976 SF

Commercial Building with Loading Platform

1,976 SF commercial building on 0.35 acres for sale.

77 Hamilton Ave, Norwich, CT 06360

View Details
$325,000

2,232 SF

Norwich Church Multifamily Conversion Opportunity

Church with development potential for multifamily conversion in Norwich, CT.

175 Hickory St, Norwich, CT 06360

View Details
$1,075,000

Norwich Farm Land For Sale

100+ acre farm ideal for subdivision or equestrian estate.

Plain Hill Road, Norwich, CT 06360

View Details

For sale
Schools
CT
Norwich
06360
327 Laurel Hill Avenue

What type of property is this?

School - 9,272 SF two-story building suitable for various commercial uses.

Where is this school located?

The property is located at 327 Laurel Hill Avenue Norwich, CT.

What is the asking price?

The asking price for this property is $420,000.

What are key features of this property?

This property features: 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.).

327 Laurel Hill Avenue, Norwich, CT 06360

9,272 SF two-story building suitable for various commercial uses.

Property Features for 327 Laurel Hill Avenue

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Three-Story Office Building with ADA Access

Two-Story Office Building

Mixed-Use Restaurant and Residence

Mixed-Use Restaurant and Apartment

Updated Duplex in Norwich, CT

Norwich Multifamily Investment Opportunity

Well-Maintained Duplex: Investment Opportunity

7-Unit Multifamily Property

Mixed-Use Property in Norwich, CT

Commercial Building with Loading Platform

Norwich Church Multifamily Conversion Opportunity

Norwich Farm Land For Sale

FAQs

Create New Password