$1,910,000
( $70.33Per Sq Foot )
 $10,253 est/mo Sourced by Back At You

651 Norwich Road,Plainfield, CT 06374

Plainfield, CT 06374

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Description

Attention developers and investors! Rare opportunity to acquire a former school building and convert it into a multifamily complex or condominiums. 18,600sf plus just under 9,000sf of finished basement space with abundant natural light. Average classrooms range from 600-800 sq. ft. Otis elevator, extensive ADA-compliant bathrooms, and ramps. Equipped with a natural gas boiler, central heat, hot water baseboard, newer windows and central air conditioning. Approx. 100 parking spaces 2.5-acre level lot with room to add garages for additional storage Sprinkler system, fire alarm and burglar alarm systems in place. 20 minutes from Foxwoods and Mohegan Sun, two of the largest entertainment destinations in the region. Only 2 minutes from I-395 This property is poised for significant appreciation with its high potential for redevelopment. Whether you're looking to create modern apartments, luxury condominiums, or a combination of both, the possibilities are endless. The current infrastructure and accessibility features are already in place, reducing the need for extensive upgrades. This is a once-in-a-lifetime opportunity to invest in a property with incredible upside potential. Interested buyers are encouraged to conduct their own diligence to verify all details and ensure this investment aligns with their vision.

Details

MLS#24063751
Listing TypeFor Sale
StatusActive
Year1927
Days On Site136
Listing Provided ByChabot & Associates Real Estate | Anthony Chabot

Features

SQ Feet27,156
Units1
ZoningRA19
Acreage2.50

Market Activity 06374

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Learn More About This Property

StateCT
CountyWindham
CityPlainfield
Zip Code06374
AreaWindham
Listing VS Median (in 06374)
Price:
$1,910,000
low | high
Med:
$349,000
100% of Average
SqFt:
27,156
low | high
Med:
3,409
100% of Average
$ / SqFt:
$70
low | high
Med:
$102
4.44374991361% of Average
On site:
136
low | high
Med:
8.000000
100% of Average
Sourced by Back At You
Listing Updated: February 28, 2025 at 12:34:20 PM PST