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    New London, CT
    Grocery Store

    New London, CT Grocery And Convenience Stores for Sale

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    Renovated Mixed-Use Property
    Updated: Sep 16
    Renovated Mixed-Use Property

    224-230 State Street, New London, CT 06320

    $1,500,000
    8,572 sqft 0.18 AC lot
    Approximately 3,000‑square‑foot convenience store and deli renovated in 2025
    Approximately 2,000‑square‑foot furnished upper level configured as a two‑bedroom, two‑bath apartment
    New appliances and Cold Brew Bar in the commercial space
    New, inspected Ledge Light ancillary and fire‑suppression system
    Approximately 40 new apartments under construction on the abutting parcel
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    Renovated Mixed-Use Storefront
    Updated: Sep 18
    Renovated Mixed-Use Storefront

    224-230 State St, New London, CT 06320

    $1,500,000
    8,572 sqft
    Approximately 3,000 square feet of renovated convenience store and deli space
    Commercial area renovated in 2025 with new appliances and a Cold Brew Bar
    Approximately 2,000 square feet of renovated, furnished upper‑level space
    Upper level configured as a two‑bedroom, two‑bath apartment
    New, inspected Ledge Light ancillary and fire‑suppression system
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    Three-Story Mixed-Use Building
    Three-Story Mixed-Use Building

    464 Ocean Avenue, New London, CT 06320

    $1,100,000
    10,500 sqft

    Elevator-served property combines an active food market, private offices, and multiple short-term tenant leases.

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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 7 Potential Opportunities for your consideration. Besides 3 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.

    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.

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    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.

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    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.

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    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.

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    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 13
    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 $1.1M

    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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