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    245 Shaw St New London, CT 06320

    New
    For Lease
    $1,700 /Mo ($13 SF/Yr)

    Commercial For Lease - New London, CT

    Property size:
    1,500 SF
    Lot size:
    0.56 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 245 Shaw St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-1
    APN
    1998627
    Size
    1,500 SF
    Lot size
    0.56 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1893
    Flooring type
    Concrete
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    RE/MAX One (860) 235-1642 [email protected]

    Listing agent Shannon Muscara (860) 235-1642

    Listing date Nov 29, 2025

    MLS# 24141076 Listing URL

    Copyright © 2025 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Firehouse Commercial Rental

    This commercial rental opportunity is located in New London at 245 Shaw Street. The property, a historic former firehouse, offers approximately 1,500 square feet of open, flexible space on the ground floor. The space includes high ceilings, a large garage door, and a half bathroom. The property is suited for a variety of commercial uses, such as storage space or a light workshop. The property has strong visibility and easy access. The lot size is 0.56 acres. There is also an option to rent an upstairs 800 square foot, 3-room office space separately. The zoning is C-1. Electric is included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    State
    Connecticut
    Longitude
    -72.099472
    Latitude
    41.342329

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    FAQs

    What type of property is this?
    Parking lot & garage - Prime commercial space in New London with flexible layout.
    Where is this parking lot & garage located?
    The property is located at 245 Shaw St New London, CT.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Prime commercial location in the heart of New London.; - Approximately 1,500 sq ft of flexible, open ground floor space.; - High ceilings and a large garage door.
    (860) 235-1642
    Request Owner's contact information
    245 Shaw St New London, CT 06320
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    New London, CT 06320
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    245 Shaw St New London, CT 06320
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