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651 Norwich Road, Plainfield CT 06374

Current Price: $1,910,000

5 beds 1 baths 27156 sq. ft

Last Update: 5/18/2025

Property Type: Multi-Family For Sale

Public Remarks

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 youre 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.

See Related MLS #24063751

Map to Property at 651 Norwich Road, Plainfield CT 06374


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Residential Property Information for 651 Norwich Road, Plainfield CT 06374

MLS #: 24064446

Style: Units on different Floors

Color:

Total Rooms:

Bedrooms: 5

Bathrooms: 1

Acres: 2.5

Year Built: 1927 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $33,000

Zoning: RA19

Mil Rate:

Assessed Value: $1,595,880 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 18600; below grade sq feet total is 8556; total sq ft is 27156

Features
Fireplaces: 0
Basement Desc.: Full
Exterior Siding: Brick
Foundation: Concrete
Roof: Asphalt Shingle
Garage/Parking Type: None,Paved
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Level Lot
Occupied: Vacant
Utility Information

Hot Water System

Heat Type:

Fueled By: Hot Water.

Cooling: Central Air

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle:

High School: Per Board of Ed

Marketing History

Current List Price: $1,910,000

Original List Price: $1,910,000

DOM: 154

Listing Date: 12/15/2024

Last Updated: 12/15/2024 8:25:57 PM

Listing Agent and Broker

List Agent Name: Anthony Chabot

List Office Name: Chabot & Associates Real Estate