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$420,000

  • For Sale
  • Active
  • Commercial
See This Home
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Two story 9,272 square foot masonry and brick building that was at one time a school, and most recently a restaurant. Handicap access, plenty of paved parking. There appears to be approximately 44 parking spaces. Located in an NC (Neighborhood Commercial) Zone there are a number of uses are possible including restaurant with bar, hotel, apartments, mixed use, offices, to name some. It is in an Enterprise Zone offering some good tax benefits as well as an Opportunity Zone. Property is being purchased in "as is" condition. Seller will make no additional repairs or upgrades. Buyer is to do their own due diligence regarding condition of this property. Subject to Probate Court Approval. Estate of Guibert Peralte.

Full Property Details for 327 Laurel Hill Ave

General

  • Price: $420,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24043656
  • Updated: 3/26/2026
  • Added to Site: 584 day(s) ago

Location

  • County: New London
  • Neighborhood: Laurel Hill
  • Driving Directions: Route 12 corner of Crown Street

Community

  • Community Name: Laurel Hill

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Hot Water, Natural Gas
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected
  • Utility Description: Electric, Gas, Telephone, Cable Available

Structural Information

  • Roof: Slate
  • Square Feet: 9,272
  • Sq. Ft. Source: Public Records
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.7
  • Frontage: State Road
  • Zoning: NC
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $193,800
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Documents Avail.: Other
  • Property ID: 2028964

Listed by Signature Properties of N.E., Ron Bates

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Listing agent

— 327 Laurel Hill Ave —

  • Ron Bates

    Signature Properties of N.E.

Agent Contact: (860) 447-8839 Office Contact: (860) 447-8839

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 327 Laurel Hill Ave

School District:Norwich School District
NameGradesDistance
Veterans' Memorial School
80 Crouch Avenue, Norwich, CT 06360
K-50.6 mi
Kelly Middle School
25 Mahan Drive, Norwich, CT 06360
6-82.4 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 327 Laurel Hill Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/24/2025
Price Reduced
$420,000
-15.15%
MLS
9/01/2024
Listed
$495,000
135.71%
MLS
5/27/2020
Sold
$210,000
—
Public Record
Get Price Alerts and Save Property
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 for 327 Laurel Hill Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,843
6%
$193,800
—
2023
$7,403
-18%
$193,800
4%
2023
$9,032
—
$185,700
—
2022
$9,003
—
$185,700
—
2021
$9,032
—
$185,700
—
2020
$9,001
1%
$185,700
—
2019
$8,912
—
$185,700
1%
2018
$8,889
-1%
$183,700
—
2017
$8,954
-1%
$183,700
—
2016
$9,012
2%
$183,700
—
2015
$8,829
5%
$183,700
—
2014
$8,437
9%
$183,700
-23%
2011
$7,745
—
$240,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Signature Properties of N.E., Ron Bates

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327 Laurel Hill Avenue, Norwich, CT 06360 (MLS# 24043656) is a Commercial property. 327 Laurel Hill Avenue is currently listed for $420,000 and was received on September 01, 2024. Want to learn more about 327 Laurel Hill 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.

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