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Norwich, CT Schools for Sale

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Norwich Two-Story Commercial Building
Updated: Sep 2, 2024
Norwich Two-Story Commercial Building

327 Laurel Hill Avenue, Norwich, CT 06360

$350,000
9,272 sqft 0.70 AC lot
Large 9,272 square foot masonry and brick building.
Located in an Enterprise Zone and Opportunity Zone offering tax benefits.
NC (Neighborhood Commercial) zoning allows for multiple uses (restaurant, hotel, apartments, offices, etc.).
Plenty of paved parking with approximately 44 spaces.
Handicap access.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Norwich, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Brick School Building with Parking
Brick School Building with Parking

18 Maple Street, Putnam, CT 06260

$4,699,000
72,281 sqft 2.84 AC lot

72,000-sf school property includes classrooms, cafeteria, kitchen, and gym with extensive parking options.

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Former School and Rectory Complex
Former School and Rectory Complex

15-23 Marshall St, Putnam, CT 06260

$2,769,000
27,500 sqft

Three-story former school includes classroom and office space, complemented by a rectory dorm building with 20+ apartments.

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Former Scout Camp with Multiple Buildings
Former Scout Camp with Multiple Buildings

613 Town St, East Haddam, CT 06469

$799,900
2,000 sqft 4.46 AC lot

Former scout camp with updated buildings, pool, and recreational facilities.

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613 Town Street, East Haddam, CT 06469
613 Town Street, East Haddam, CT 06469

613 Town St, East Haddam, CT 06469

$1,250,000
2,000 sqft

Former scout camp with updated buildings, pool, and recreational facilities.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Brewster, NY Commercial Land
Brewster, NY Commercial Land

1553 22 Route, Brewster, NY 10509

$700,000
2.14 AC lot

2.14 acre commercial land suitable for various development projects.

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Agricultural Wooded Land Parcel
Agricultural Wooded Land Parcel

Ashuelot Main Street lot: 0 Block 66, Winchester, NH 03470

Contact for pricing
5.34 AC lot

Vacant wooded lot in agricultural zoning, located off Route 119 with available NH DOT traffic count.

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7.12 Acre Development Site
7.12 Acre Development Site

7 Saxon Wood Rd, White Plains, NY 10605

Contact for pricing
11,651 sqft 7.12 AC lot

Development site in Westchester County near Scarsdale and White Plains.

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Harlem Development Opportunity
Harlem Development Opportunity

New York City, NY 10027

Contact for pricing
20,780 sqft 0.07 AC lot

Vacant lot in Central Harlem, ideal for community facility.

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Norwich, CT Schools Market Trends and Statistics

Explore 1 schools for sale in Norwich, CT on our real estate platform. These investment opportunities span a total of 9,272 square feet of properties for sale, with an estimated market value of $350,000.

Sale prices for school buildings & campuses in Norwich, CT average $350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Churches & religious facilities 5
Wedding venues 3
NNN properties 1
Nursery and garden centers 1
Schools 1

Demographics Overview

Population 42K
Population Growth (5Y) +2.5%
Median Household Income $70,774
College Educated 36.4%

High-Yield Neighborhoods for Investment

Identify Norwich submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
06360 $420K

Taxes & Financing

Tax Rate (average for all types) 4.31%
Property Tax per SF $54.28 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in New London County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Norwich fall within the 100,000+ square foot range.

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