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16 Town St Norwich, CT 06360

For Sale
$1,200,000

1.3-acre prime development site in Norwich, CT

Description

Added:
Dec 11, 2024
Days on Market:
363
This exceptional 1.3-acre commercial land parcel, located at 16 Town St in Norwich, Connecticut (zip code 06360), presents a unique investment opportunity. Zoned R-20, this site is ideally suited for mixed-use or retail development, with potential for a building up to approximately 10,000 square feet (subject to obtaining necessary permits). The property boasts a highly desirable suburban location, offering convenient access to a multitude of amenities. Its proximity to the Norwichtown Commons power center, featuring several national retailers, and its adjacency to Backus Hospital and other medical facilities, ensures high visibility and strong potential for attracting customers and tenants. The site benefits from the charming atmosphere of Norwichtown while enjoying the advantages of being near major healthcare and retail hubs. This prime location offers a blend of suburban tranquility and convenient access to essential services and commercial activity. The property's 1.3 acres provide ample space for a substantial development project, making it an attractive proposition for developers seeking a strategic location in a thriving Connecticut community. The asking price for this exceptional development opportunity is $1,200,000. This is a rare chance to acquire a well-positioned commercial land parcel in a high-demand area.

Property Features for 16 Town St

General Information

Property type
Land
Lot Size
56,628 SF

HighLights

  • 1.3‑Acre Development Site in Norwichtown, CT
  • Town Street location near Norwichtown Commons Power Center
  • Proximity to Backus Hospital and other medical facilities
  • Excellent mixed‑use or retail development opportunity
  • Potential for a 10,000 SF building (subject to permitting)
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Norwich
County
New London
State
Connecticut
Longitude
-72.0895667
Latitude
41.5455268

FAQs

What type of property is this?
Land - 1.3-acre prime development site in Norwich, CT
Where is this land located?
The property is located at 16 Town St Norwich, CT.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1.3-Acre Development Site in Norwichtown, CT; Town Street location near Norwichtown Commons Power Center; Proximity to Backus Hospital and other medical facilities
More about this property
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