Greater Mansfield CT Real Estate $500k +

MLS Number 24207982

• Multi Family Multi-Family For Sale
• Square Feet 2,559
• Acreage 0.1
• Bedrooms 5
• Bathroom 5

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 value-add strategy through the conversion of upper floors into residential units while maintaining commercial storefronts at street level. The proposed redevelopment plan includes 10 residential units consisting of eight studio apartments and two townhouse-style two-bedroom units, complemented by five commercial spaces on the first floor, creating a vibrant mixed-use asset aligned with growing downtown housing demand.

Listed by Anthony Velez of VC Property Group,LLC

MLS Number 24207846

• Multi Family Multi-Family For Sale
• Square Feet 5,069
• Acreage 0.39
• Bedrooms 11
• Bathroom 7

Exceptional 7-unit multifamily investment opportunity located in one of New London County's most sought-after residential neighborhoods. Featuring a desirable mix of three 2-bedroom units, two 1-bedroom units, and two studio units, this property offers broad tenant appeal and strong in-place cash flow. Currently 100% occupied with two units recently leased at market rents, the asset benefits from tenant-paid utilities, off-street parking, public water and sewer, and a spacious 0.39-acre lot. With projected stabilized annual income of approximately $133,800 and a projected 14.78% stabilized ROI, investors have the opportunity to further increase cash flow through continued rent stabilization while maintaining strong occupancy. Conveniently located near downtown Norwich, healthcare facilities, shopping, restaurants, and major transportation routes, the property benefits from consistent rental demand and limited multifamily inventory. Property may also be purchased in combination with the nearby 7-unit multifamily property at 202 Broadway, creating a unique opportunity to acquire and operate a 14-unit portfolio within close proximity.

Listed by Anthony Velez of VC Property Group,LLC

MLS Number 24166282

• Land
• Acreage 0.71
• Co List Office Name Lyman Real Estate
• MLS Status Active
• Other Amenities Waterfront

Three Lots totaling .71 acres in Neighborhood Commercial Zone. Across from the Stop & Shop anchored shopping Center aka Norwichtown Commons. Previously approved for a 2,750 SF Burger King with drive-thru lanes. Public Water Sewer Gas

Listed by Maxwell Lyman and Ron Lyman of Lyman Real Estate

MLS Number 24138087

• Single Family
• Square Feet 2,600
• Bedrooms 4
• Bathroom 3
• Year Built 2026

Choose your finishes and avoid the heavy remodeling costs of an older home! Discover the perfect blend of rustic charm and modern luxury at Farm View Estates. This stunning 3.04-acre property isn't just a home; it's a lifestyle for those who value space, serenity, and modern comfort. Build your dream home with the added benefit of energy-efficient systems throughout, hardwood floors, an open concept, and your personal selection of solid wood cabinets. This spacious layout features 4 bedrooms, 2.5 baths, and a walk-out lower level that adds endless potential for a future studio, in-law suite, or recreation room.Conveniently located just 7 minutes to I-395, 8 minutes to Backus Hospital, 15 minutes to Mohegan Sun, and 30 minutes to shoreline beaches. An optional pool package is also available.

Listed by Ann Stewart of William Pitt Sotheby's Int'l

MLS Number 24156285

• Condo
• Bedrooms 3
• Bathroom 2
• Square Feet 1,743
• Year Built 2022

Penthouse Living in Niantic Village - Stunning 3-Bedroom, 2-Bath Corner Unit with Rooftop Deck! Experience the ultimate in penthouse living with this exquisite 3-bedroom, 2-bath corner unit with abundant natural light. Located just steps from charming shops and restaurants, this spacious home offers breathtaking views of Niantic Bay. Perfect for relaxing or entertaining. Enjoy the perfect blend of luxury and convenience in this one-of-a-kind property. Don't miss out on the chance to own a piece of Niantic's finest living.

Listed by Deb A. Fountain of William Pitt Sotheby's Int'l

MLS Number 24159451

• Commercial
• MLS Status Active
• Year Built 1929
• Square Feet 5,250
• Acreage 0.43

ICONIC GRANGE HALL - RENOVATED COMMERCIAL VENUE IN PRIME GLASTONBURY LOCATION! Beautifully revitalized & highly versatile building that seamlessly blends historic charm w/modern upgrades. A well-known local landmark, the property has undergone extensive interior renovations, elevating both its aesthetic appeal & functionality. Currently operating as the Glastonbury Theater, a vibrant mixed use entertainment & event destination. Wonderfully appointed w/welcome entry, wet bar, large auditorium w/14' coffered ceilings, & elevated stage enhanced w/a newly installed professional sound system. The fully finished lower level is equipped w/a catering kitchen, including warming drawers, refrigerator, wash sinks, & prep area, 2 bathrooms, a green room/dressing room, & another spacious meeting/event room. Other notable features include new central A/C system w/supplemental mini split-unit, upgraded 200amp electrical, new comprehensive security system, new town-integrated fire system, new concrete front walkway, & 23 on-site parking spaces. Perfectly positioned in a convenient & accessible area, the property benefits from proximity to local shops, dining, & major roadways, making it an attractive destination for patrons from Glastonbury & surrounding towns. Whether continuing its legacy as an entertainment venue or reimagining the space for a new purpose, the Glastonbury Theater presents a unique opportunity to own a distinctive property w/character, visibility, & community significance.

Listed by Kiara C. Rusconi of William Raveis Real Estate

MLS Number 24209026

• Single Family
• Square Feet 2,323
• Bedrooms 4
• Bathroom 2
• Year Built 2010

Set high above the road at approximately 900 feet in elevation, this beautifully maintained home combines privacy, natural light and a versatile floor plan in a picturesque setting. Southwestern exposure fills the home with sunlight, while the two-story entry and catwalk overlooking the dramatic living room create an impressive sense of space. The living room features a woodstove and direct access to the covered back deck, creating an inviting connection to the outdoors. A charming three-season sunroom at the front of the home provides another bright and comfortable space to enjoy the surrounding setting. The main level offers convenient one-floor living with two bedrooms, a full bath and a laundry room with both exterior and garage access. There is no carpet in the home-hardwood and tile run throughout. Upstairs, the private primary bedroom suite is joined by an additional bedroom and a flexible office/library/den. An unfinished walk-out basement provides excellent storage and plenty of potential for future finished space or possible in-law accommodations. Well insulated with 12-inch foundation walls, a dry basement, good drainage and excellent well water. Enjoy the privacy of the property while being just down the road from the approximately 8,000-acre Yale-Myers Forest with miles of trails and outdoor recreation. Conveniently located only 1 mile to I-84, with easy access to Hartford and approximately one hour to Boston and two hours to New York City.

Listed by Noah King of Home Selling Team