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Property Description

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.

Overview

Property Status
For Sale
Lot Size
4.04 Acres
MLS ID
24194921
Property Type
Commercial
Year Built
1850

Features & Amenities

Total Area
2,324 Sq.Ft.
Water Source
Public Water In Street
Utilities
Electric, Gas
Roof
Other
Lot Features
Corner Lot, Dry, Sloping Lot
Heat Type
Other
Air Conditioning
None
Sewer
Public Sewer In Street
Sales Price
$1,250,000
Real Estate Tax
$9,999,999/yr
Zoning
PC, Planned Commercial

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231 Salem Turnpike

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for your interest in 231 Salem Turnpike, Norwich, Connecticut 06360

231 Salem Turnpike
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231 Salem Turnpike

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