60 Crouch Ave Norwich, CT 06360-7329

Property Details for 60 Crouch Ave

Year built

1969

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

10.06 lot acres

Property size

32,963 SF

Zone code

R20

Property type

Showrooms

APN

NORW M:125 B:2 L:13

APU

NORWM125B2L13

Description

This exceptional 10.06-acre property at 60 Crouch Avenue in Norwich, CT, presents a unique investment opportunity. The substantial 51,414-square-foot building, previously used as a convalescent/nursing home, offers immense potential for redevelopment. A recently passed municipal ordinance (effective October 1, 2024) facilitates the conversion of non-functioning convalescent facilities into multifamily housing, making this site particularly attractive. The building's exterior is in good condition, though interior renovation is required. The property boasts 40 existing parking spaces with ample land for expansion. Key features include a newer sprinkler system and generator, ensuring safety and functionality. The site's private setting offers a tranquil atmosphere, although some wetlands are present on the property. The R-20 zoning regulations should be reviewed for permitted uses. This substantial property provides a rare chance to capitalize on a burgeoning market and create a significant return on investment. All necessary due diligence is recommended before purchase. Detailed documentation is available upon request. This is an exceptional opportunity for developers and investors seeking a large-scale project with significant upside.

Location Insight

City

Norwich

County

New London

State

Connecticut

Longitude

-72.0711

Latitude

41.5054

CBSA code

35980

CBSA name

NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments