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82 Salem Turnpike

Norwich, CT 06360

$449,000 $1,893/Mo

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Overview

Bed

Bath

2,430

Sqft

0.63

Acre(Lot)

Description

Incredible opportunity to own a high visibility, income generating mixed use property close to major highways and shopping. With 2,430 sq ft of total space on 0.63 acres, this fully renovated building offers both commercial and residential rental income streams, ideal for investors or owner occupants. Some features include a fully renovated Commercial unit on the first floor with updated electrical in June 2024, and a new ADA compliant ramp installed August 2024. This is ideal for retail, office, or service use. The second Floor is a Residential Unit, with 2 bedrooms and 1 bathroom. Recently updated with new windows in April 2025, new flooring and carpet, and upgrades in the kitchen and bathroom. The third floor is also a residential unit - Fully renovated, 2 bedrooms, 1 bathroom. This pro perty has proven income resource from long and short term rentals, a detached garage and 15-space parking lot (with additional monthly rented parking spot) more land in rear, and ample basement storage for tenant or owner use. This property blends modern updates with solid income potential. Whether you're expanding your portfolio or seeking a flexible live/work investment, this one checks all the boxes! Property being sold AS IS. *Since the property is Mixed Use, this will not go government financing. Cash/conventional only*

Property Details

Property Type : Residential Income

Price : $449,000

AD Id : 87736134

MLS Id : 24189458

Beds : 4

Lot Size : 0.63 Acre

Living Area Size : 2,430

Tax Amount : 8039.00

Year Built : 1900

County : New London

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Rooms Total: 11 Has Basement: Yes Basement: Full
Roofing Information

Asphalt
Interior Features

Roof: Asphalt
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Ductless

Building Information

Year Built: 1900 Building Area Total: 2430 Construction Materials: Vinyl Siding, Frame Private Pool: No

Lot Information

Lot Size Acres: 0.63 Lot Description: Level

Listing Price Information

Listing Price: $449000

Tax Information

Parcel Number: 2024337 Annual Tax: $8039

Parking Information

Parking Total: 15 Off Street, Paved, Parking Lot

School Information

Elementary School: Per Board of Ed

Junior High School:

Senior High School: Per Board of Ed
Location Information

Direction: GPS friendly WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
313 Central Avenue, Norwich, CT, 06360	$319,000	5	3	2,560	0.13 Acre
287 Central Avenue, Norwich, CT, 06360	$995,000	6	5	4,130	0.08 Acre
617 E Main Street, Norwich, CT, 06360	$255,000	5	2	2,512	0.95 Acre
79 Prospect Street, Norwich, CT, 06360	$345,000	8	3	3,123	0.24 Acre
502 E Main Street, Norwich, CT, 06360	$725,000	12	4	3,724	0.11 Acre
463 E Main Street, Norwich, CT, 06360	$525,000	9	3	3,087	0.24 Acre
116 Taftville Occum Road, Norwich, CT, 06360	$410,000	6	3	2,641	0.20 Acre
155 Cliff Street, Norwich, CT, 06360	$370,000	8	3	2,035	0.17 Acre
158 Cliff Street, Norwich, CT, 06360	$350,000	6	2	1,685	0.30 Acre
371 Laurel Hill Avenue, Norwich, CT, 06360	$369,500	6	2	2,232	0.12 Acre

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

ByOwner last updated this listing 09/03/2026 @ 22:59

MLS: 24189458 LISTED BY: Natascia Klimas, William Pitt Sotheby's Int'l SOURCE: SmartMLS