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- LoopNet Team
30 Benjamin St
Norwich, CT 06360
Land For Sale
·
2.81 AC
INVESTMENT HIGHLIGHTS
- Multi-family zoning
- Within half a mile of mass transit & I396
- Parcel is located in the area that is typically low density
- Opportunity Zone & Enterprose Zone
- Detailed subdivision plan available
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units - Condo |
| Property Subtype | Commercial | Total Lot Size | 2.81 AC |
| Zoning | MF - To establish a district in which the principal use of the land is for higher-density residential development, typically in multi-family buildings. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 2.81 AC |
| Zoning | MF - To establish a district in which the principal use of the land is for higher-density residential development, typically in multi-family buildings. |
DESCRIPTION
A great opportunity to build a subdivision of multi family dwellings (a combination of single, 2-family or multi-family units) on 2.81 acre parcel of land. Residential land in the area is typically low density. Detailed plan to build a 24 unit subdivision is available. Further, the parcel is in the Opportunity Zone and Enterprise Zone and may qualify for tax abatement or deferment. Buyer to do their own due diligence. Parcel is within half a mile of mass transit, close to I395. Close to Norwich Harbor, Museums, waterfall park & gardens, and Hiking Trails. Mohegan Sun & Three Rivers Community College are within easy driving distance. William Backus Hospital, Department of Education & The City of Norwich are the largest employers in the area. Detailed subdivision plans are available upon request.
PROPERTY TAXES
| Parcel Number | NORW-000109-000004-000014 | Improvements Assessment | $0 |
| Land Assessment | $55,900 | Total Assessment | $55,900 |
PROPERTY TAXES
