For Sale
Land for sale at 21 Pawcatuck Ave, Pawcatuck, CT 06379 | MLS# 24195924 | Listing updated on 2026-08-24
Photo 1 of Land for sale at 21 Pawcatuck Ave, Pawcatuck, CT 06379 | MLS# 24195924 | Listing updated on 2026-08-24
Photo 2 of Land for sale at 21 Pawcatuck Ave, Pawcatuck, CT 06379 | MLS# 24195924 | Listing updated on 2026-08-24
Photo 3 of Land for sale at 21 Pawcatuck Ave, Pawcatuck, CT 06379 | MLS# 24195924 | Listing updated on 2026-08-24
Photo 4 of Land for sale at 21 Pawcatuck Ave, Pawcatuck, CT 06379 | MLS# 24195924 | Listing updated on 2026-08-24
4+
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Street View

$3,800,000

Monthly Est:$18,914

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon5.24acres lot

21 Pawcatuck Ave, Pawcatuck, CT 06379

$18,914/moEst:

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  • Residential Lot

  • Built in -

  • $-- HOA

  • 5.24 acres lot

  • $725,191/acre

Description

The 5.24-acre property features the historic Clark Thread Mill building dating to 1899, just south of the first mill building converted in 2016 into 58 apartments known as The Threadmill. Current owners of the property have obtained approvals for another 58 units in the available building, with at least 58 more units indicated by the town as readily approvable on the vacant land. The property comes with State grant money of $4M to $6M to totally rehabilitate the building, State tax credits in the amount of $4.5M, and unlimited Federal tax credits of 20% of post-rehab construction costs, estimated to be another $6M. State tax credits can be available as cash upon completio...

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  • Houzeo last checked: 1 minute ago
  • Listing updated: August 24, 2026 at 7:00 am
  • Listing Provided by: Gregory Walwer | Academic Co-Realty Services
  • Source: SMART MLS-CT | MLS#: 24195924 SMART MLS-CT

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    New London County

  • City

    Pawcatuck

  • Neighborhood

    --

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    5.24 acres lot

  • Basement Area

    - sqft

  • MLS Name

    SMART MLS

  • MLS Number

    24195924

  • MLS Status

    Active

  • Days on Market

    54

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HOA Management

0

HOA Fees

$-/

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Sewer

    Public Sewer In Street

Utilities & Energy

  • Water Source

    Public Water In Street

  • Utilities

    Cable, Electric, Gas, Telephone

Other Features

  • Subdivision Name

    Pawcatuck

  • Lot Features

    Water View

Price History

DateEventPrice

07/31/2026

Source: mls_logoSMART MLS-CT #24195924

Listed for Sale

$3,800,000

$0/sqft

Based on information provided to and compiled by the SMART MLS, Inc. through Sep 24, 2026, 08:45AM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 SMART MLS, Inc. All Rights Reserved.

Advertising Broker: Derek Greene | The Greene Realty Group

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