Building Details

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Listing Agency: i***@caldwellconsultingfirm.com Show Phone

Listed By: Eli Show Phone

Added: Mar 27 Changed: Apr 8

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Investment Insights

Based on property information with market context.

This property, located in Norwich, Connecticut, presents a development opportunity. It is suited for a 2–3 unit multifamily conversion. Projected rents in the area support $3,500 – $4,200+ monthly gross depending on configuration. The building features 30 ft ceilings in the main sanctuary and 1,700 sq ft of refinished hardwood floors. The basement has been renovated with new subflooring. Updated men’s and women’s restrooms are present. The property has 200 amp electrical service. The roof is less than 10 years old. Oil heat is installed and serviced annually. The property size is 2,232 sq ft.

Key Highlights

• DEVELOPMENT POTENTIAL
• Can continue to be a Church
• Property is well suited for a 2–3 unit multifamily conversion.

Property Analytics

Property Profile

Current Use

Refuge House of Prayer Church

Suggested Use

Top Pick Auto Parts Store Pharmacy Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Restaurant Real Estate Agency

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

Location Intelligence

Trade Area within ½ mile

392

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this churches & religious facilities located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Church & religious facility - Church - MULTIFAMILY CONVERSION OPPORTUNITY

Where is this church & religious facility located?

The property is located at 175 Hickory St Norwich, CT.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: DEVELOPMENT POTENTIAL; Can continue to be a Church; Property is well suited for a 2–3 unit multifamily conversion.