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    Griswold Multifamily Conversion Opportunity Title is generated by Realmo AI

    54 North Main St, Griswold, CT 06351

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    For Sale
    $650,000

    24,099 SF building with approved plans for 43 apartments.

    Type:Commercial
    Property size:
    24,099 SF
    Price / SF:
    $26/SF
    Added:
    Mar 10, 2026
    Days on Market:
    120
    Last Refresh:
    Jul 2 at 8:36 am

    Property Features for 54 North Main St

    General Information

    Standard status
    Active
    Size
    24,099 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1928

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    Constance Howard

    Listing office U.S. Properties Real Estate Services, LLC

    Listing date Mar 10, 2026

    Source Elliman

    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 U.S. Properties Real Estate Services, LLC

    HighLights

    • Town approved plans for conversion to 43 apartments (37 one‑bedroom, 6 two‑bedroom).
    • Great re‑development opportunity in an area with high demand for apartments.
    • 24,099 SF commercial building with 2 stories and full basement.
    • 13 handicap accessible units on the first floor.
    • Financing available through Jewett City Bank.
    • Conveniently located near Mohegan Sun Casino, Foxwood Casino, Norwich, and Electric Boat headquarters.

    Overview

    This is a 24,099 square foot commercial building, formerly St. Mary's School, featuring two stories and a full basement. The town has approved plans to convert the building into 43 apartments, consisting of 37 one-bedroom units and 6 two-bedroom units. The first floor will accommodate 13 units and will be handicap accessible. This property presents a redevelopment opportunity in an area with high demand for apartments. The location is 20 miles north of Mohegan Sun Casino, Foxwood Casino, and Norwich, and 30 miles from Electric Boat headquarters.
    Property Profile Location Intelligence

    Current Use by Public Records

    Post Office Post Office United States Postal ... Post Office Mobile Pantry Church Pyro Audio Recording Studio Ashley Krzywicki, LMFT Crisis Center

    Suggested Use

    Law Firm Grocery & Convenience Store Auto Repair Shop Hair Salon Electronics & Wireless Store Cosmetic Store Tech Support Center (Bike/Boat/Book/etc) Store Furniture & Home Goods Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Griswold
    County
    New London
    State
    Connecticut
    Longitude
    -71.9827
    Latitude
    41.6057

    FAQs

    What type of property is this?
    Apartment building - 24,099 SF building with approved plans for 43 apartments.
    Where is this apartment building located?
    The property is located at 54 North Main St Griswold, CT.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Town approved plans for conversion to **43 apartments (37 one‑bedroom, 6 two‑bedroom)**.; Great re‑development opportunity in an area with high demand for apartments.; 24,099 SF commercial building with 2 stories and full basement.
    More about this property
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