218 Main Street, Norwich, CT 06360

Norwich
Local realty services provided by:Better Homes and Gardens Real Estate Executive Real Estate
218 Main Street,Norwich, CT 06360
$795,000
  • 5 Beds
  • 5 Baths
  • 2,559 sq. ft.
  • Multi-family
  • Active
Listed by: anthony velez(860) 300-3102
Office: vc property group, llc(860) 300-3102
MLS#:24207982
Source:CT

Price summary

  • Price:$795,000
  • Price per sq. ft.:$310.67

About this home

VC Property Group is pleased to present 218-224 Main Street and 2 Franklin Street, a compelling adaptive re-use redevelopment opportunity located in the heart of downtown Norwich. The offering consists of two adjacent historic buildings totaling approximately 14,500 square feet, positioned within Norwich's established Main Street commercial corridor. This mixed use asset would include 10 residential and 5 commercial units upon completion. Projected $2.7M post construction VALUE - more photos to come, current photo is an artistic rendering. Both buildings are classified as contributing structures within the historic district, creating potential eligibility under the Federal Historic Tax Credit (20%) and Connecticut Historic Tax Credit (25%) programs for qualified rehabilitation expenditures. When properly structured, these incentives can offset a substantial portion of redevelopment costs and play a meaningful role in the project's capital stack. The project presents an attractive...

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Home facts

  • Year built:1900
  • Listing ID #:24207982
  • Added:10 day(s) ago
  • Updated:September 28, 2026 at 12:58 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:5
  • Basement Description:Full Basement
  • Living area:2,559 sq. ft.

Heating and cooling

  • Heating:Radiant

Structure and exterior

  • Roof:Flat
  • Year built:1900
  • Building area:2,559 sq. ft.
  • Lot area:0.1 Acres
  • Construction Materials:Brick

Schools

  • High school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected
  • Sewer:Public Sewer Connected

Finances and disclosures

  • Price:$795,000
  • Price per sq. ft.:$310.67
  • Tax amount:$4,470 (July 2026-June 2027)
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