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    New London, CT Banks for Sale

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    Freestanding Commercial Building with Drive-Throughs
    Updated: Jan 27
    Freestanding Commercial Building with Drive-Throughs

    458 Ocean Avenue, New London, CT 06320

    $250,000
    899 sqft 0.20 AC lot
    Freestanding 996 SF commercial building.
    Two drive‑throughs, ideal for restaurant/cafe use.
    Highly visible corner location with frontage on Ocean Avenue and School Street.
    Close proximity to Yale New Haven Hospital, colleges, and Ocean Beach.
    Zoned 'Neighborhood Business' allowing for many retail and commercial uses.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in New London, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Springfield Retail Property For Sale
    Springfield Retail Property For Sale

    1930 Wilbraham Rd, Springfield, MA 01129

    Contact for pricing
    2,304 sqft 0.50 AC lot

    2,304 SF retail property in Springfield, MA for sale.

    View details
    Historic Downtown Office Building
    Historic Downtown Office Building

    1351 Main St, Springfield, MA 01103

    Contact for pricing
    13,500 sqft

    Multi-level office property with open workspace, upper-floor offices, and conference rooms in a prominent downtown setting.

    View details
    Retail Property Near UConn Tech
    Retail Property Near UConn Tech

    Storrs Mansfield, CT 06268

    Contact for pricing
    1,953 sqft

    Retail property in opportunity zone near UConn Technology Park.

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    Retail Property Near UConn Tech
    Retail Property Near UConn Tech

    Storrs Mansfield, CT 06268

    Contact for pricing
    1,953 sqft

    Retail property in opportunity zone near UConn Technology Park.

    View details

    New London, CT Banks Market Trends and Statistics

    Explore 1 banks for sale in New London, CT on our real estate platform. These investment opportunities span a total of 899 square feet of properties for sale, with an estimated market value of $250,000.

    Sale prices for bank buildings in New London, CT average $250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 12
    Shopping centers 6
    Banks 2
    Grocery and convenience stores 1

    Demographics Overview

    Population 27K
    Population Growth (5Y) +0.7%
    Median Household Income $60,224
    College Educated 41.7%

    High-Yield Neighborhoods for Investment

    Identify New London submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    06320 $250K

    Taxes & Financing

    Tax Rate (average for all types) 3.72%
    Property Tax per SF $25.71 per SF
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in New London fall within the Under 2,500 square foot range.

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