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    New London, CT
    Grocery Store

    New London, CT Grocery And Convenience Stores for Sale

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    Mixed-Use Property with Deli
    Updated: Nov 2
    Mixed-Use Property with Deli

    224-230 State Street, New London, CT 06320

    $1,500,000
    8,572 sqft 0.18 AC lot
    Convenience store and deli occupy approximately 3,000 square feet
    Renovation work completed in 2025, including new appliances and a cold brew bar
    Furnished upper level has approximately 2,000 square feet and a two‑bedroom, two‑bath layout
    New, inspected Ledge Light ancillary and fire‑suppression system
    Approximately 40 apartments under construction on the abutting parcel
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    Three-Story Mixed-Use Building
    Updated: Aug 5
    Three-Story Mixed-Use Building

    464 Ocean Avenue, New London, CT 06320

    $1,100,000
    10,500 sqft
    14,388 SF mixed‑use building constructed in 1957
    Three stories plus a full basement, with elevator service to every level
    First floor occupied by an international food market; upper floors contain private offices
    Potential fourth‑floor addition, subject to approval
    Rear parking lot provides 28 spaces, with additional on‑street parking
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    Renovated Mixed-Use Storefront
    Renovated Mixed-Use Storefront

    224-230 State St, New London, CT 06320

    $1,500,000
    8,572 sqft

    Convenience store and deli with furnished residential space above and updated operating infrastructure.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    3 active listings match your search: Grocery / Convenience for sale in New London, CT. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    Gas Station with Retail Store
    Gas Station with Retail Store

    809 & 813 Montauk Highway, Montauk, NY 11954

    $6,000,000
    0.09 AC lot

    CB-zoned property combines an operating gas station, retail space, and an apartment above the garage.

    View details
    Established Gas Station with Convenience
    Established Gas Station with Convenience

    226 Norwich Westerly Rd, North Stonington, CT 06359

    $1,699,000
    2,900 sqft 0.99 AC lot

    Gas station with convenience store on high-traffic road for sale.

    View details
    Mobil-Branded Gas Station
    Mobil-Branded Gas Station

    226 Norwich Westerly Road, North Stonington, CT 06359

    $1,699,000
    2,900 sqft 0.99 AC lot

    Operating fuel-and-convenience property with upgraded fueling equipment and an on-site store.

    View details
    Gas Station and Retail Property
    Gas Station and Retail Property

    809 & 813 Montauk Highway, Montauk, NY 11954

    $6,000,000

    For-sale CB-zoned site with an operating gas station, included retail store, and on-site apartment above the garage.

    View details

    New London, CT Grocery And Convenience Stores Market Trends and Statistics

    Explore 3 grocery and convenience stores for sale in New London, CT, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 27,644 square feet of properties for sale, with an estimated market value of $4,100,000.

    Sale prices for supermarkets in New London, CT start at $1,100,000, averaging $1,366,666, and reaching up to $1,500,000 — 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
    Grocery and convenience stores 3
    Banks 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 $1.4M

    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.

    How Realmo verifies these figures

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