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$474,925 Just Listed
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Property Description
Position your next investment or business venture at 287 Central Avenue in Norwich, CT with this well-located mixed-use property with both commercial and residential income potential. The main level features a highly visible storefront with consistent traffic exposure, making it well-suited for retail, office, or service-based use. The upper level includes residential units with separate access, providing additional rental income and flexible occupancy options. Conveniently located near downtown, public transportation, and major roadways, the property ensures accessibility for both customers and tenants. Additional highlights include separate utilities, off-street parking, and strong income potential, making this a smart addition to any portfolio or an ideal space to operate your business while generating supplemental income.
Full Property Details
Full Property Details for 287 Central Ave
General
- Price: $474,925
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24162415
- Updated: Today (3/28/2026)
- Added to Site: Today
Interior
- Interior Features: Window Display
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 5
- Half Bathrooms: 1
- Restrooms: 6
Parking
- Uncovered Spaces: 4
Location
- County: New London
- Driving Directions: gps
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Natural Gas
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas, Cable
Structural Information
- Roof: Asphalt Shingle
- Stories/Levels: 3
- Stories in Building: 3
- Square Feet: 4,130
- Sq. Ft. Source: Public Records
- Current Bldg. Use: store front/ residential
- Year Built: 1860
Unit Information
- # Tenants: 5
Unit 1
- Total Bathrooms: 6
- Partial Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.08
- Frontage: State Road, Paved Road
- Present Use: store front/ residential
- Zoning: NC
- Lot Description: Corner Lot
Financial Considerations
- Assessment Amount: $127,100
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Lead Disclosure
- Property ID: 2412985
Listed by Five Stars Realty, Jayson Kemp and Five Stars Realty, Maria Pirulli
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Schools
Schools serving 287 Central Ave
School District:Norwich School District
| Name | Grades | Distance |
|---|---|---|
John M. Moriarty School 20 Lawler Lane, Norwich, CT 06360 | K-5 | 2.6 mi |
Kelly Middle School 25 Mahan Drive, Norwich, CT 06360 | 6-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 287 Central Ave
Date
Details
Price
Change
Source
3/28/2026
Listed
$474,925
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 287 Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,144
6%
$127,100
—
2023
$4,855
-14%
$127,100
10%
2023
$5,642
—
$116,000
—
2022
$5,624
—
$116,000
—
2021
$5,642
—
$116,000
—
2020
$5,623
1%
$116,000
—
2019
$5,567
6%
$116,000
7%
2018
$5,231
-1%
$108,100
—
2017
$5,269
-1%
$108,100
—
2016
$5,303
2%
$108,100
—
2015
$5,195
5%
$108,100
—
2014
$4,965
11%
$108,100
-22%
2011
$4,486
—
$139,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 287 Central Ave
287 Central Avenue, Norwich, CT 06360 (MLS# 24162415) is a Commercial property. 287 Central Avenue is currently listed for $474,925 and was received on March 28, 2026. Want to learn more about 287 Central Avenue? Do you have questions about finding other Commercial real estate for sale in Norwich? You can browse all Norwich real estate or contact a Coldwell Banker agent to request more information.

