Rare 4.0-acre commercial development assemblage on one of Norwich's primary retail corridors - two adjoining parcels combined into a single contiguous, corridor-fronting site zoned Regional Commercial (RC), the City's district for moderate-to-large-scale business serving city-wide and regional needs. Set at a signalized Route 82 interchange with direct highway access (est. ~20,000 vehicles/day) and positioned across from a Walmart Supercenter. Minutes from national grocery, fitness, lodging and hospital anchors, a proven big-box and daily-needs node. Combined frontage supports a new curb cut set well back from the traffic signal, and the site offers manageable topography suited to a single-tenant pad or multi-tenant layout. RC zoning permits a broad range of uses: retail, restaurants, hotels, offices, clinics and entertainment, with self-storage and fuel/convenience by Special Permit. Full merger of the parcels is contingent on the City's discontinuance of a short dead-end road segment, viewed favorably by municipal economic-development staff as sound planning. Trade-area demographics: ZIP median household income $65,539 / average $86,411; Southeastern CT regional median $86,586 / average $111,769. More information available on request. Buyer to verify zoning, permitted uses, utilities, traffic counts and all approvals.
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Location
231 Salem Turnpike, Norwich, CT 06360
Status
For Sale
Features & Amenities
Interior
Total bathroom1
full bathroom1
Area & Lot
StatusFor Sale
Living Area2,324 Sq.Ft.
Total Area2,324 Sq.Ft.
Lot Area4.04 Acres
MLS® ID24194921
TypeCommercial
YEAR BUILT1850
Exterior
water SourcePublic Water In Street
utilitiesElectric, Gas
roofOther
lot featuresCorner Lot, Dry, Sloping Lot
HEAT TYPEOther
AIR CONDITIONINGNone
sewerPublic Sewer In Street
Financial
Sales Price$1,250,000
Real Estate Tax$9,999,999/yr
ZoningPC, Planned Commercial
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