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346 Salem, Norwich, CT 06360
   
346 Salem, Norwich, CT 06360
8.90 Acres

$450,000
205 Days on Market - Active


A large parcel of commercially zoned raw land, 8.90 acres on heavily trafficked salem turnpike (route 82) connecting montville, salem, bozrah to norwich. 360 ft of road frontage, with 25 ft in the town of bozrah and the rest in norwich. excellent location with prime exposure. area is showing signs of vitality with new sewer and water lines and the construction of a 120 unit assisted living facility 1/4 mile to the west. i-395, big y & walmart, are about a mile to the east. goldmine brook splits the parcel with conceptual site plans showing a 5,400 sf restaurant in front, a required wetlands crossing, and then a 15,040 sf office building in the rear of the lot. lot is 8.9 acres with approx. 4.8 acres usable. the lot can be subdivided. planned commercial zone allows retail, offices, vet hospitals, clinics, fitness, hotels/motels, mixed use, restaurants, etc. detail plans available upon request. an excellent opportunity!

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Details
  • 8.90 Acres
  • 1 Lot(s)

Additional Details
  • 360ft of Frontage
  • STRD
  • HWYA,SHOPMALL
  • Subdividable

Location
  • Some Wetlands

Utilities
  • Public Water Avail
  • Public Sewer Avail

Taxes
  • $103,400 Assessment
  • 41.85 Mill Rate
  • $4,327 Taxes

Schools
  • Per Board of Ed Elementary
  • Per Board of Ed High

Source
  • CT Smart MLS
  • MLS ID 170596846

Real Estate Agent


Map of 346 Salem, Norwich, CT 06360

Directions to 346 Salem, Norwich, CT 06360
GPS Friendly. Exit 11 off I395. Head west about a mile on Rt 82. (1/2 Mile past Walmart on same side of street).

Go To Google Maps for Directions


Mortgage Calculator
Loan Type: 30yr Fixed   |   Interest Rate: 7.22%   |   Purchase: $450,000   |   Downpayment @ 3.50%: $15,750

Mortgage Payment Estimate
for a 30yr Fixed Rate Loan

Monthly
$3,314


Monthly Cost Estimate: $3,314
  • Mortgage: $2,954
  • Taxes: $361
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

Yearly Cost Estimate: $39,769
  • Mortgage: $35,442
  • Taxes: $4,327
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

30yr Cost Estimate: $1,208,827
  • Mortgage: $1,063,267
  • Taxes: $129,810
  • Insurance: $0
  • HOA: $0
  • Utilities: $0
  • Downpayment: $15,750

Go To Mortgage Calculator


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This real estate listing for sale at 346 Salem has 8.90 acres. It is located in the Norwich, CT area with the 06360 zip code. For more info about the property at 346 Salem, 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.