Attention developers and investors! Rare opportunity to acquire a former school building and convert it into a multifamily complex or condominiums. 18,600sf plus just under 9,000sf of finished basement space with abundant natural light. Average classrooms range from 600-800 sq. ft. Otis elevator, extensive ADA-compliant bathrooms, and ramps. Equipped with a natural gas boiler, central heat, hot water baseboard, newer windows and central air conditioning. Approx. 100 parking spaces 2.5-acre level lot with room to add garages for additional storage Sprinkler system, fire alarm and burglar alarm systems in place. 20 minutes from Foxwoods and Mohegan Sun, two of the largest entertainment destinations in the region. Only 2 minutes from I-395 This property is poised for significant appreciation with its high potential for redevelopment. Whether you're looking to create modern apartments, luxury condominiums, or a combination of both, the possibilities are endless. The current infrastructure and accessibility features are already in place, reducing the need for extensive upgrades. This is a once-in-a-lifetime opportunity to invest in a property with incredible upside potential. Interested buyers are encouraged to conduct their own diligence to verify all details and ensure this investment aligns with their vision. See Related MLS #24063751
For sale
$1,910,000
651 Norwich Rd, Plainfield, CT 06374
5beds
27,156sqft
Est.:
Multi Family
Built in 1927
-- sqft lot
$1,824,700 Zestimate®
$70/sqft
$-- HOA
What's special
Central air conditioningCentral heatHot water baseboardOtis elevatorAbundant natural lightExtensive ada-compliant bathroomsNewer windows
- 131 days
- on Zillow |
- 495 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: February 28, 2025 at 09:01am
Listed by:
Anthony Chabot,
Chabot & Associates Real Estate
Source: Smart MLS,MLS#: 24064446

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Hot Water, Natural Gas
Cooling
- Central Air
Appliances
- Included: Water Heater
Features
- Basement: Full
- Attic: Access Via Hatch
- Has fireplace: No
Interior area
- Total structure area: 27,156
- Total interior livable area: 27,156 sqft
- Finished area above ground: 18,600
- Finished area below ground: 8,556
Property
Parking
- Total spaces: 99
- Parking features: None, Paved
Lot
- Size: 2.5 Acres
- Features: Level
Details
- Parcel number: 1701872
- Zoning: RA19
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Plainfield
Financial & listing details
- Price per square foot: $70/sqft
- Tax assessed value: $1,595,880
- Annual tax amount: $33,000
- Date on market: 12/15/2024
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