327 Laurel Hill Avenue Norwich, CT $ 495,000
327 Laurel Hill Avenue
$ 495,000
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327 Laurel Hill Avenue

Norwich, CT, 06360
$ 495,000
Baths0.0 Sq 9,272

Monthly Estimate*

$ 3,290

327 Laurel Hill Avenue, Norwich, CT 06360 - Image 1
327 Laurel Hill Avenue, Norwich, CT 06360 - Image 2
327 Laurel Hill Avenue, Norwich, CT 06360 - Image 3
327 Laurel Hill Avenue, Norwich, CT 06360 - Image 4
Studio

Commercial Property for sale in Norwich, CT

for $495,000. This 9,272 square foot building was built in 1900 on a lot size of 0.7.

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.

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Commercial Active

Price

$ 495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

0.7

Year Built

1900

Town/City

Norwich

MLS | Web ID

170599471

Features
General
Zoning NC
Year Built 1900
Neighborhood Laurel Hill
Heater Type Hot Water
County New London
Tax Year July 2023-June 2024
Location Highway Access Other
Property Type Commercial For Sale
Status Active
Acres 0.7
Directions Route 12 corner of Crown Street
City Norwich
Street Name Laurel Hill
Sq Ft Total 9272
DOM 253
Video Tour Y/N 0
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Interior
Cooling System Central Air
Utilities Available Electric Gas Telephone Cable Available
Total Number of Units 1
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Exterior
Water Source Public Water Connected
Garage Parking Paved
Lot Description Level Lot
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Internal Only
Street Number 1 327
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* Excluded Features
List By
Ron Bates

Listing Agent

Signature Properties Of Neweng

Broker

RonBates4realestate@gmail.com

Email

Affordability Calculator

$3,290
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,290
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2024$495,000 -8.33% Price Down
9/21/2023$540,000 Listed Price

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327 Laurel Hill Avenue, Norwich, CT, 06360 is a Commercial Property for sale at $495,000 with 9,272 sqft and a lot size of 0.7. 327 Laurel Hill Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 06360 which is in Norwich, CT