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231 Salem Tpke , Norwich, CT 06360

$995,000

1
baths
2,324
sqft
1850
year built

Rare 4.0-acre commercial development assemblage on one of Norwich's primary retail corridors - two adjoining parcels combined into a single contiguous, corridor-fronting site zoned Regional Commercial (RC), the City's district for moderate-to-large-scale business serving city-wide and regional needs. Set at a signalized Route 82 interchange with direct highway access (est. ~20,000 vehicles/day) and positioned across from a Walmart Supercenter. Minutes from national grocery, fitness, lodging and hospital anchors, a proven big-box and daily-needs node. Combined frontage supports a new curb cut set well back from the traffic signal, and the site offers manageable topography suited to a single-tenant pad or multi-tenant layout. RC zoning permits a broad range of uses: retail, restaurants, hotels, offices, clinics and entertainment, with self-storage and fuel/convenience by Special Permit. Full merger of the parcels is contingent on the City's discontinuance of a short dead-end road segment, viewed favorably by municipal economic-development staff as sound planning. Trade-area demographics: ZIP median household income $65,539 / average $86,411; Southeastern CT regional median $86,586 / average $111,769. More information available on request. Buyer to verify zoning, permitted uses, utilities, traffic counts and all approvals.

Highlights

  • Commercial Sale
  • Built in 1850
  • 4.04 Acre Lot
  • 105 days on Market

  • Bathrooms
    1
  • Year Built
    1850
  • Construction Materials
    Frame
  • Cooling
    None

  • Acres
    4.04
  • Lot Features
    Sloped, Corner Lot
  • Utilities
    Electricity Available, Natural Gas Available


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Frequently Asked Questions

How do I schedule a tour of 231 Salem Tpke?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 231 Salem Tpke.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 231 Salem Tpke?

Click Ask a Question to talk with our team. You already know it is a N/A bed, 1 bath, listed for $995,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Norwich, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 231 Salem Tpke?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 231 Salem Tpke at around $838,996. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 231 Salem Tpke?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in New London County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 231 Salem Tpke?

In most cases, yes. Whether 231 Salem Tpke is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Norwich's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 231 Salem Tpke?

We can handle that for you. Our preferred local agent specializes in commercial sales in Norwich and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $995,000 with 2,324 sqft of space—that comes out to approximately $428 per square foot.

How long has this property been on the market?

231 Salem Tpke was listed on July 28, 2026, which means it's been on the market for 105 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1850, making it approximately 176 years old.

What is the lot size of this property?

231 Salem Tpke sits on a 4.04-acre lot, which is 175,982 square feet.

What are the property taxes for 231 Salem Tpke?

The most recent public record shows annual property taxes for 231 Salem Tpke were approximately $9,999,999. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 231 Salem Tpke still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' 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 deemed reliable but not guaranteed by the MLS. Copyright 2026, SmartMLS. All rights reserved.

Last Updated: November 10, 2026 at 08:31PM | Source: SmartMLS | MLS#: 24194921