Regional Commercial Development
For Sale
Contact for pricing
129 Old Salem Road, Norwich, CT 06360
Assemblage of two parcels with regional commercial zoning and access to a major retail corridor.
Property SizeContact for details
Days on Market10
Property Features for 129 Old Salem Road
General Information
Standard status
Active
Property subtype
Land
Zoning
Regional Commercial
Investment Type
Redevelopment
Listing Agency:
SERHANT Connecticut
(203) 545-9966
Listed By:
Carmen Desiato · License #0829879
Source:
Crexi
Added: Aug 3
Changed: Aug 12
Last Checked: Aug 12 at 3:36AM
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 SERHANT Connecticut
Investment Insights
Based on property information with market context.
This commercial land offering combines two constrained parcels into an assemblage of approximately 4.0 acres. The property includes a 3.70-acre interior tract and a smaller lot with Route 82 frontage, creating a larger site along the Norwich retail corridor. Access planning includes a potential curb cut positioned away from the signalized intersection.
Regional Commercial zoning supports retail, restaurants, hotels, offices, and clinics. Self-storage and gas or fuel uses require a Special Permit. The property is located at Route 82 and Salem Turnpike near I-395 Exit 11, directly across from Walmart Supercenter. Stop & Shop, Planet Fitness, Hampton Inn, and Backus Hospital are also identified within minutes of the site.
Regional Commercial zoning supports retail, restaurants, hotels, offices, and clinics. Self-storage and gas or fuel uses require a Special Permit. The property is located at Route 82 and Salem Turnpike near I-395 Exit 11, directly across from Walmart Supercenter. Stop & Shop, Planet Fitness, Hampton Inn, and Backus Hospital are also identified within minutes of the site.
Key Highlights
- Approximately 4.0‑acre assemblage combining two parcels
- 3.70‑acre interior parcel paired with a Route 82 frontage lot
- Regional Commercial (RC) zoning
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
125k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 55%
Groceries 27%
Apparel 10%
Hotels & Casinos 7%
Walmart
Superstores
69,349 visits/mo
0.2 miles
Big Y World Class Market
Groceries
34,327 visits/mo
0.2 miles
Goodwill
Apparel
11,973 visits/mo
0.2 miles
Holiday Inn Norwich
Hotels & Casinos
5,828 visits/mo
0.3 miles
Hampton Inn Norwich
Hotels & Casinos
3,495 visits/mo
0.4 miles
Demographics for 06360, CT
37,104
Population
17,739
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
88%
High-School Grad
26.8 sq mi
ZIP Area
1,384
Density / Sq Mi
$65,848
Median Household Income
$42,287
Median Earnings
$1,207
Median Rent
$233,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Assemblage of two parcels with regional commercial zoning and access to a major retail corridor.
Where is this commercial land located?
The property is located at 129 Old Salem Road Norwich, CT.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Approximately 4.0‑acre assemblage combining two parcels; 3.70‑acre interior parcel paired with a Route 82 frontage lot; Regional Commercial (RC) zoning
