$495,000
( $53.39Per Sq Foot )
 $2,657 est/mo Sourced by Back At You

327 Laurel Hill Avenue , Norwich, CT 06360

Norwich, CT 06360

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Description

Two story 9,272 square foot masonry and brick building that was at one time a school, and most recently a restaurant. Handicap access, plenty of paved parking. There appears to be approximately 44 parking spaces. Located in an NC (Neighborhood Commercial) Zone there are a number of uses are possible including restaurant with bar, hotel, apartments, mixed use, offices, to name some. It is in an Enterprise Zone offering some good tax benefits. Property is being purchased in "as is" condition. Seller will make no additional repairs or upgrades. Buyer is to do their own due diligence regarding condition of this property. Subject to Probate Court Approval. Estate of Guibert Peralte.

Details

MLS#24043656
Listing TypeFor Sale
StatusActive
Year1900
Days On Site137
Listing Provided BySignature Properties of NewEng | Ron Bates

Features

SQ Feet9,272
BasementY
Units1
ZoningNC
Acreage0.70

Market Activity 06360

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Learn More About This Property

StateCT
CountyNew London
CityNorwich
Zip Code06360
AreaNew London
Listing VS Median (in 06360)
Price:
$495,000
low | high
Med:
$249,900
99.515151515152% of Average
SqFt:
9,272
low | high
Med:
3,776
100% of Average
$ / SqFt:
$53
low | high
Med:
$66
26.034026707756% of Average
On Site:
137
low | high
Med:
125.000000
100% of Average
Sourced by Back At You
Listing Updated: January 14, 2025 at 3:47:15 PM PST