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    New London, CT
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    New London, CT Conventional Restaurants for Sale

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    Groton, CT Waterford, CT Ledyard, CT
    6 results
    Historic Building in Central Business
    $495,000

    Historic Building in Central Business

    105 Huntington St, New London, CT 6320

    Charming building near courthouse, restaurants, train, and ferry.

    • Walker's Paradise: Enjoy excellent walkability to courthouse, restaurants, entertainment, train, and ferry with a Walk Score of 91.
    • Prime Location: Situated on Whale Oil Row with easy access to I‑95 and the Central Business District.
    • Historic Charm: Architecturally historic building dating back to 1830.
    • Expansion Potential: Attic and basement offer room for expansion.
    • Off‑Street Parking: Includes an off‑street parking lot in the back.
    Updated: Apr 24
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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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    Historic Mixed-Use Waterfront Property
    $1,400,000
    7,023 SF

    Historic Mixed-Use Waterfront Property

    Historic mixed-use property in downtown New London's Bank Street district.

    109-111 Bank St, New London, CT 6320
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    Mixed-Use Building in Downtown
    $1,950,000
    10,636 SF

    Mixed-Use Building in Downtown

    Mixed-use property with commercial space and apartments in downtown.

    53-55 Bank Street, New London, CT 6320
    View details
    Restaurant Ready for Seated/Take-Out
    $175,000
    970 SF

    Restaurant Ready for Seated/Take-Out

    Restaurant space approved for seated or take-out service.

    111 Montauk Ave, New London, CT 6320
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    Mixed-Use Building in Downtown
    $1,950,000
    10,636 SF

    Mixed-Use Building in Downtown

    Mixed-use property with commercial space and apartments in downtown New London.

    53 Bank St, New London, CT 6320
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 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.

    Mixed-Use Restaurant and Apartment
    $650,000
    3,476 SF

    Mixed-Use Restaurant and Apartment

    Turnkey first-floor restaurant paired with a residential unit above, offering combined business and living income potential.

    20-22 Lafayette Street, Norwich, CT 06360
    View details
    Historic Stonington Restaurant Opportunity
    $1,500,000

    Historic Stonington Restaurant Opportunity

    Iconic restaurant property in Stonington Borough with modern enhancements.

    143 Water St, Stonington, CT 6378
    View details
    Iconic Stonington Borough Restaurant Property
    $1,500,000
    4,374 SF

    Iconic Stonington Borough Restaurant Property

    Rare investment opportunity: historic restaurant with modern enhancements.

    143 Water Street, Stonington, CT 6378
    View details
    Turnkey Restaurant Business Opportunity
    $60,000

    Turnkey Restaurant Business Opportunity

    Turnkey food service business for sale in Norwich, Connecticut.

    274 Central Avenue, Norwich, CT 6360
    View details

    New London, CT Conventional Restaurants Investment Opportunities Market Analysis

    Explore 6 conventional restaurants for sale in New London, CT, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 30,261 square feet of properties for sale, with an estimated market value of $5,725,000.

    Sale prices for conventional restaurants in New London, CT start at $175,000, averaging $1,145,000, and reaching up to $1,950,000 — 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

    Conventional restaurants 9
    Drive through restaurants 3
    Bars & Pubs 1
    Turn key restaurants 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    06320 $1M

    Taxes & Financing

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

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