New London, CT
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    New London, CT Banks for Sale

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    Waterford, CT Groton, CT Ledyard, CT
    Freestanding Commercial Building with Drive-Throughs
    $250,000
    899 SF
    Freestanding Commercial Building with Drive-Throughs

    458 Ocean Avenue, New London, CT 6320

    996 SF commercial building with two drive-throughs on corner 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.
    Updated: Jan 27
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    Freestanding Commercial Building with Drive-Throughs
    $250,000
    996 SF
    Freestanding Commercial Building with Drive-Throughs

    458 Ocean Ave, New London, CT 6320

    Commercial building with two drive-throughs, suitable for restaurant or retail.
    • Freestanding 996 SF commercial building with 2 drive‑throughs.
    • 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' for many retail and commercial uses.
    • Parking lot for 6 cars plus on‑street parking.
    Updated: Apr 24
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in New London, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Fully Leased Retail and Office
    $2,400,000
    Fully Leased Retail and Office

    Well-maintained retail and office property with long-term tenants.

    250-252 E Main St, Clinton, CT 6413

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    Fully Leased Retail and Office
    $2,400,000
    12,050 SF
    Fully Leased Retail and Office

    Well-maintained retail and office property with long-term tenants.

    250-252 East Main Street, Clinton, CT 6413

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    Key Bank Investment Opportunity
    $1,895,000
    10,208 SF
    Key Bank Investment Opportunity

    NNN property near hospitals and universities on Route 195.

    6 Storrs Road, Mansfield, CT 6250

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    Mansfield Investment Opportunity on Route 195
    $1,895,000
    15,300 SF
    Mansfield Investment Opportunity on Route 195

    Prime investment property near East Brook Mall with diverse tenants.

    6 Storrs Rd, Mansfield, CT 6226

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Pad Site Opportunity
    Contact for pricing
    4,356 SF
    Prime Pad Site Opportunity

    Pad site available for ground lease in Toms River.

    1922 Hooper Avenue, Toms River, NJ 8753

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    Commercial Land on Robinson Road
    $149,000
    2.60 Acres
    Commercial Land on Robinson Road

    2.6-acre commercial development site in Lockport, NY.

    6071 Robinson Rd, South, Lockport, NY 14094

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    Richmond, KY Out Parcel Land
    $1,400,000
    1.71 Acres
    Richmond, KY Out Parcel Land

    1.71 acre outparcel ideal for retail, restaurant, or office.

    2072 Merchant Drive, Richmond, KY 40475

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    Cape Coral Commercial Land Opportunity
    $1,692,300
    2.59 Acres
    Cape Coral Commercial Land Opportunity

    Corner property near US 41, approved for development.

    Del Prado Blvd N & De Navarra Pkwy, Cape Coral, FL 33909

    View details

    New London, CT Banks Investment Opportunities Market Analysis

    Explore 2 banks for sale in New London, CT on our real estate platform. These investment opportunities span a total of 1,895 square feet of properties for sale, with an estimated market value of $500,000.

    Sale prices for bank buildings in New London, CT start at $250,000, averaging $250,000, and reaching up to $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 14
    Banks 3
    Shopping centers 3
    Showrooms 2

    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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