Historic Mixed-Use
For Sale
$795,000
218 Main St, Norwich, CT 06360
Planned conversion combines upper-floor housing with street-level commercial suites.
Property Size2,559 SF
Price / SF$310.67
Days on Market9
Property Features for 218 Main St
General Information
Standard status
Active
Size
2,559 SF
Property subtype
Multi-Family
Building Details
Year Built
1900
Buildings
2
Listing Agency:
VC Property Group, LLC
Listed By:
Anthony Velez (860) 300-3102 (860) 300-3102 · License #REB.0795536
(860) 300-3102
Source:
Centralconnecticuthomefinder
Added: Sep 16
Changed: Sep 22
Last Checked: Sep 22 at 5:40PM
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 VC Property Group, LLC
Investment Insights
Based on property information with market context.
This offering comprises two adjacent historic buildings in Norwich’s downtown Main Street commercial corridor. The redevelopment concept calls for a mixed-use configuration with residential apartments above and commercial space at street level, creating a combination of housing and storefront uses within the existing structures.
The proposed program includes 10 residential units and five commercial units. Residential plans call for eight studio apartments and two townhouse-style two-bedroom units. Both buildings are identified as contributing structures within the historic district, supporting a rehabilitation approach that preserves their historic character. The properties are located at 218-224 Main Street and 2 Franklin Street, with the buildings dating to 1900.
The proposed program includes 10 residential units and five commercial units. Residential plans call for eight studio apartments and two townhouse-style two-bedroom units. Both buildings are identified as contributing structures within the historic district, supporting a rehabilitation approach that preserves their historic character. The properties are located at 218-224 Main Street and 2 Franklin Street, with the buildings dating to 1900.
Key Highlights
- Proposed mixed‑use redevelopment with 10 residential units and 5 commercial units
- Residential plan includes eight studios and two townhouse‑style two‑bedroom units
- Two adjacent historic buildings in Norwich’s downtown Main Street commercial corridor
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Planned conversion combines upper-floor housing with street-level commercial suites.
Where is this mixed-use property located?
The property is located at 218 Main St Norwich, CT.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Proposed mixed‑use redevelopment with 10 residential units and 5 commercial units; Residential plan includes eight studios and two townhouse‑style two‑bedroom units; Two adjacent historic buildings in Norwich’s downtown Main Street commercial corridor
