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Former School and Rectory Complex
For Sale
$2,769,000

15-23 Marshall St, Putnam, CT 06260

Three-story former school includes classroom and office space, complemented by a rectory dorm building with 20+ apartments.

Property Size27,500 SF
Price / SF$100.69
Days on Market29

Property Features for 15-23 Marshall St

General Information

Standard status Active
Size 27,500 SF
Property subtype Commercial

Additional Details

Utilities to Site Yes

Building Details

Year Built 1900
Stories 3
Listing Agency: Johnston & Associates Real Estate, LLC
Listed By: Ryan Lajoie · License #REB.0789987
Source: Elliman
Added: Jul 4 Changed: Jul 21 Last Checked: Aug 1 at 12:44PM

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 Johnston & Associates Real Estate, LLC

Investment Insights

Based on property information with market context.

This centrally located former school building features three floors with approximately 27,500 sq. ft. of office and classroom areas, along with kitchen, dining room, and bathrooms. The layout includes about 10 large, sunny classrooms per floor, supported by bathrooms and offices, with additional mechanical and utility systems serving the property.

The site includes a paved 2.26 AC parking lot, plus a detached garage/workshop/storage building with potential living quarters upstairs. A separate rectory building provides two floors of dorm space along with basement area totaling over 11,000 sq. ft., with dorm space configured as 20+ apartments featuring varying bathroom setups. Mechanically, both buildings are described as being in good shape, with newer boilers/heating systems and roofs, along with electrical updates, a large generator system, and city water and sewer. The property is listed for sale at 15-23 Marshall St, Putnam, CT 06260.

Key Highlights

  • Centrally located former school building with 3 floors and approx. 27,500 SF of office, classroom, kitchen, dining, and bathroom space
  • About 10 large, sunny classrooms per floor, plus bathrooms and offices
  • Paved 2.26‑acre parking lot, school yard, and a detached garage/workshop/storage building with potential living quarters upstairs

Property Analytics

Current Use

Schools

Suggested Use

Top Pick HVAC Service Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby

Demographics for 06260, CT

9,236
Population
4,289
Households
2.2
Avg Household Size
42
Median Age
21%
College-Educated
85%
High-School Grad
20.1 sq mi
ZIP Area
460
Density / Sq Mi
$67,353
Median Household Income
$41,491
Median Earnings
$1,124
Median Rent
$257,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
School - Three-story former school includes classroom and office space, complemented by a rectory dorm building with 20+ apartments.
Where is this school located?
The property is located at 15-23 Marshall St Putnam, CT.
What is the asking price?
The asking price for this property is $2,769,000.
What are key features of this property?
This property features: Centrally located former school building with 3 floors and approx. 27,500 SF of office, classroom, kitchen, dining, and bathroom space; About 10 large, sunny classrooms per floor, plus bathrooms and offices; Paved 2.26‑acre parking lot, school yard, and a detached garage/workshop/storage building with potential living quarters upstairs
More about this property
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