Norwich, CT
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    Norwich, CT Schools for Sale

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    North Stonington, CT Hopkinton, RI Lisbon, CT
    Norwich Two-Story Commercial Building
    $420,000
    9,272 SF
    Norwich Two-Story Commercial Building

    327 Laurel Hill Avenue, Norwich, CT 6360

    9,272 SF two-story building suitable for various commercial uses.
    • 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.
    Updated: Sep 1, 2024
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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.

    ADA-Compliant Office and Medical Building
    $2,450,000
    15,316 SF
    ADA-Compliant Office and Medical Building

    Efficient, sprinklered office and medical space with multiple offices, subdivision options, ADA compliance, and ample parking.

    192 Westbrook Road, Essex, CT 06409

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    ADA Compliant Office Building
    $2,450,000
    15,316 SF
    ADA Compliant Office Building

    Well-equipped office facility with ADA compliance, sprinklers, and efficient power for flexible professional or medical use.

    192 Westbrook Rd, Essex, CT 6409

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    Historic Schoolhouse Multifamily Conversion Potential
    $649,000
    13,475 SF
    Historic Schoolhouse Multifamily Conversion Potential

    Historic Talcott Brothers Schoolhouse with multifamily conversion potential.

    97 Main Street, Vernon, CT 06066

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    Historic Talcott Brothers Schoolhouse
    $649,000
    13,475 SF
    Historic Talcott Brothers Schoolhouse

    Historic schoolhouse with potential for residential or multifamily conversion.

    97 Main Street, Vernon, CT 6066

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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
    $700,000
    2.14 Acres
    Brewster, NY Commercial Land

    2.14 acre commercial land suitable for various development projects.

    1553 22 Route, Brewster, NY 10509

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    Agricultural Wooded Industrial Land
    Contact for pricing
    5.34 Acres
    Agricultural Wooded Industrial Land

    Vacant wooded land within a former paper mill campus with available soil testing resources and highway visibility.

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

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    7.12 Acre Development Site
    Contact for pricing
    11,651 SF
    7.12 Acre Development Site

    Development site in Westchester County near Scarsdale and White Plains.

    7 Saxon Wood Rd, White Plains, NY 10605

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    Harlem Development Opportunity
    $1,499,000
    20,780 SF
    Harlem Development Opportunity

    Vacant lot in Central Harlem, ideal for community facility.

    142 West 131st Street, New York, NY 10027

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    Norwich, CT Schools Investment Opportunities Market Analysis

    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 $420,000.

    Sale prices for school buildings & campuses in Norwich, CT start at $420,000, averaging $420,000, and reaching up to $420,000 — 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 2
    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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