25 Montville Rd, Norwich, CT 06360

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,900,000
Status
ACTIVE
MLS#
24165196
Price Change
▼ $1,000,000 1788987683
Year Built
1963
Acres
9

Property Description

Former sand & gravel operation offering exceptional potential for redevelopment as a mixed-use project. Strategically located adjacent to the Big Y / Walmart Plaza, this 14.72-acre parcel includes approximately 6.5+ usable acres. Positioned within a Planned Commercial (PC) Zone, the property supports a wide range of development possibilities. With 625 feet of road frontage, visibility and access are strong, making it ideal for commercial or mixed-use applications. An existing 1,488 SF abandoned structure is located on-site. The property currently has well and septic, with public water and sewer available in the street. Natural gas access is nearby on Route 82 (Salem Turnpike). Convenient access to I-395 via Route 82 enhances regional connectivity. Additional Income / Opportunity: Approximately 3,600 SF of the property is under lease for the construction of a communication facility, offering potential future income. Lease details are available upon request. Permitted Uses Include: Office, Retail, Hotel, Fitness/Gym, Financial Institutions, Mixed-Use (Commercial/Residential), Assembly Hall, Boat Sales, Cafe/Restaurant, Club, Cultural Facilities, Customer Service, Entertainment, Government, Solar, Utility, and more. By Special Permit: Laboratory, Mixed-Use Parking Facilities (Accessory), Parking Garage, Technology Uses, and additional commercial applications. This is a rare opportunity for investors and developers to capitalize on a highly visible location with flexible zoning,

Additional Information

Taxes
$13,749
Lot Size
392,040
Heating
None
Cooling System Type
None
Sewer
Cesspool
Water Source
Private Well

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Patricia Williams from William Raveis Real Estate. (603) 369-1069 (860) 739-4455