83 Canal StPutnam, CT 06260

Property Details for 83 Canal St

Year built

1847

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.01 AC

Property size (Sq ft)

12,136 SF

Property type

Industrial properties

APN

PUTN M:015 L:140 U:000

APU

PUTNM015L140U000

Description

This exceptional 45,140 square foot brick mill building presents a unique redevelopment opportunity in the heart of Putnam, Connecticut. Situated on a 2.01-acre lot, this property boasts prime downtown location, offering easy access to the Putnam River Trail, Airline Trail, Cargill Falls, and Rotary Park. The surrounding area features a vibrant mix of local amenities including restaurants, boutiques, a mini-golf course, and an ice cream shop, creating a desirable environment for future residents or tenants. Currently zoned Industrial, this versatile property offers significant potential for adaptive reuse, particularly for residential conversion. The building's historic character provides a strong foundation for a project that blends modern design with historical preservation. Prospective developers will need to conduct thorough environmental site assessments (Phase I and Phase II) to determine the extent of any necessary remediation. This is a chance to contribute to the revitalization of downtown Putnam and create a thriving community hub. The property's size and location make it an ideal candidate for a large-scale residential or mixed-use development project. The substantial square footage allows for a variety of design options, catering to diverse needs and preferences. This is a rare opportunity to acquire a significant piece of Putnam's history and shape its future. The property's proximity to recreational areas and local businesses adds to its appeal and potential for success.

• Alternative Use

  Use

  Valuation

  Residential

  $2,296,606

  Hospitality

  $2,103,679

  Educational

  $1,750,236

  Medical

  $1,810,429

  Retail

  $2,722,589

Location Insight

City

Putnam

County

Windham

State

Connecticut

Latitude

41.9133

Longitude

-71.9102

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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