60-70 Connecticut Ave - Industrial LAND FOR SALE


Norwich, CT 06360- Northeast New London/Norwich746,618 SF
$2,990,000 USD
860-887-5000
60-70 Connecticut Ave, Norwich, CT for Sale
$2,990,000 USD
Industrial LAND - FOR SALE
1/5
746,618 SF

60-70 Connecticut Ave
Norwich, CT 06360
Northeast New London/Norwich


HIGHLIGHTS

  • Right to generate power on-site, 600 P.S.I. natural gas line
  • Can build up to 7 stories with a 200,000 SF footprint
  • Additional 25 MW available at less than $0.1512 /kWh from Norwich Public Utilities

OVERVIEW

Overview: Prime development opportunity on 17.16+ acres in Norwich Industrial Park, ideally suited for an AI data center, grow facility, or other large-scale power user. This site offers robust infrastructure, significant tax incentives, and a strategic location for high-demand industries. Electricity & Power: On-Site Power Generation: Permitted by right. Additional Utility Power: 25 MW available from Norwich Public Utilities (NPU) post-substation upgrade. Competitive NPU rate: less than $0.1519/kWh, lower than the lowest existing commercial rates. Tax & Business Incentives: Payment in Lieu of Taxes (PILOT): Available for discussion. Electric Economic Development Rate Reduction: Year 1: $0.027/kWh Year 2: $0.018/kWh Year 3: $0.009/kWh Site & Infrastructure: Land: 17.16+ acres in Norwich Business Park. Build Potential: Up to 400,000 SF across two floors (200,000 SF footprint, 30+ ft per floor, 60+ ft total height). Natural Gas: 600 PSI Algonquin gas line on-site. Connectivity: 1+ TB dark fiber from Crown Castle, Lumen, and Lightpath. Water: 12-inch waterline for cooling or on-site hydrogen generation. Sewer: 8'' Municipal sewer available in the road. For more information on site infrastructure refer to the A-2 survey in the attached brochure. Location: 98 miles from Boston, MA 130 miles from New York City, NY 48 miles from Providence, RI 35 miles from Hartford, CT

FOR SALE DETAILS

PRICE

$2,990,000 USD

PRICE/ACRE

$174,446/AC

PRICE/SF

$4 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

New Price!! $2,990,000

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Industrial

LAND PROPOSED USE

Industrial, Distribution, Refrigeration/Cold Storage, Retail Warehouse, Warehouse, undefined

LAND ACRES

17.14 AC

LAND SF

746,618 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Cable, Telephone

ZONING

BP

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ron LymanLyman Real Estate Brokerage & DevelopmentMore Info
860-887-5000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Ron LymanLyman Real Estate Brokerage & DevelopmentMore Info
860-887-5000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.