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Undisclosed Address, Norwich, CT 06360
   
Undisclosed Address, Norwich, CT 06360
INVEST,OFFICE,RESINC,OTHER | Convalescent Home | 32,963 Sqft

$1,050,000
260 Days on Market - Active


Investors and developers take notice. massive 32,963 usable square foot commercial space located in norwich, ct. this property is in need of renovation, with an exterior is in great condition, previously used as a convalescent/nursing home, yet has many possibilities per r-20 zoning regulations. newer: sprinkler system, generator system. the parcel consists of 10.06 acres in a private setting and dead end street - wetlands are present. ample parking surrounds the property with land for expansion. potential for adding of residential variance to current r-20 property-use regulations. currently r-20 zoning regulations: convalescent, nursing, rehabilitation facilities, nursing homes, government facilities, hospitals and sanitariums, philanthropic, educational, recreational, religious, etc by a non-profit, public or private educational institutions, public utility facilities. reach out with questions, buyer & buyer's agent to complete all due diligence necessary for their project.

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Details
  • 119 Units
  • 10.06 Acres
  • Built in 1969

Sqft
  • 32963 Total Sqft

Parking
  • 0 Total Spaces

Location
  • Some Wetlands, Level Lot
  • TOWN,PAVED

Business

    Financials
      - No Data -

    Utilities
    • Baseboard
    • Natural Gas
    • Central Air
    • Public Water
    • Public Sewers

    Taxes
    • $1,566,810 Assessment
    • 41.85 Mill Rate
    • $5,000 Taxes

    Source
    • CT Smart MLS
    • MLS ID 170590592

    Real Estate Agent


    Mortgage Calculator
    Loan Type: 30yr Fixed   |   Interest Rate: 7.17%   |   Purchase: $1,050,000   |   Downpayment @ 20.00%: $210,000

    Mortgage Payment Estimate
    for a 30yr Fixed Rate Loan

    Monthly
    $6,101


    Monthly Cost Estimate: $6,101
    • Mortgage: $5,685
    • Taxes: $417
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    Yearly Cost Estimate: $73,217
    • Mortgage: $68,217
    • Taxes: $5,000
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    30yr Cost Estimate: $2,406,518
    • Mortgage: $2,046,518
    • Taxes: $150,000
    • Insurance: $0
    • HOA: $0
    • Utilities: $0
    • Downpayment: $210,000

    Go To Mortgage Calculator

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    This real estate listing for sale at Undisclosed Address is presently used as with 32963 total sqft and was built in 1969. It is located in the Norwich, CT area with the 06360 zip code. For more info about the property at Undisclosed Address, Norwich, CT 06360 or if you would like to schedule a showing, please contact the listing agent above.

    Data sourced from CT SMART MLS and was last updated January 01, 1970. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.