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    New London, CT Banks for Sale

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    Freestanding Commercial Building with Drive-Throughs
    Updated: Apr 24
    Freestanding Commercial Building with Drive-Throughs

    458 Ocean Ave, New London, CT 06320

    $250,000
    996 sqft
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Two-Asset Bank and Retail Redevelopment
    Two-Asset Bank and Retail Redevelopment

    10 North Main Street, Bristol, CT 06010

    Contact for pricing
    10,004 sqft

    Two commercial assets offered for redevelopment, with a nationally recognized bank tenant in place during the planning phase.

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    Freestanding Bank with Drive-Through
    Freestanding Bank with Drive-Through

    590 Metacom Ave, Bristol, RI 02809

    Contact for pricing
    2,642 sqft

    Freestanding bank with three drive-thru lanes at a signaled retail corner intersection.

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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.

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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.

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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.

    Richmond, KY Out Parcel Land
    Richmond, KY Out Parcel Land

    2072 Merchant Drive, Richmond, KY 40475

    $1,400,000
    1.71 AC lot

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

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    Corner Commercial Land with Triple Frontage
    Corner Commercial Land with Triple Frontage

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

    $1,692,300
    2.59 AC lot

    Corner commercial development site with 3 road frontages and completed environmental and wetland study reports.

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    Dev-Ready Commercial Corner Land
    Dev-Ready Commercial Corner Land

    -- Highway 412, E Kenwood, Siloam Springs, AR 72761

    $735,000
    8,252 sqft 1.47 AC lot

    Dev-ready corner parcel with city-approved engineered plans and frontage along Hwy 412, including multiple ingress and egress points.

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    Commercial Land in Terrytown
    Commercial Land in Terrytown

    121 Holmes Boulevard, Terrytown, LA 70056

    $65,000

    Vacant commercial land ready for development in Terrytown, Louisiana.

    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 996 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 18
    Shopping centers 5
    Banks 3
    Showrooms 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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