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    399 Williams St New London, CT 06320

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    For Lease
    $1,500 /Mo ($9 SF/Yr)

    Spacious, renovated commercial space suitable for restaurant, salon, or retail.

    Property size:
    1,900 SF
    Lot size:
    1,900 SF

    Property Features for 399 Williams St

    General Information

    Standard status
    Active
    Size
    1,900 SF

    Building Details

    Year built
    1900
    Source: Corcoran

    Listing Agent: Lai Metzger

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newly Renovated Commercial Space Available

    This spacious commercial space, located in the busy Hodges Square area near I-95 and Route 32, offers a great business opportunity. The 1900-square-foot property has been newly renovated and is suitable for a variety of uses, including restaurants, salons, or retail businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hodges Square Shopping ... Shopping Mall Bike New London Bicycle Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    State
    Connecticut
    Longitude
    -72.102107
    Latitude
    41.365471

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    FAQs

    What type of property is this?
    Retail space - Spacious, renovated commercial space suitable for restaurant, salon, or retail.
    Where is this retail space located?
    The property is located at 399 Williams St New London, CT.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location at the intersection of I-95 and Rt 32 (Hodges Square).; - Newly renovated commercial space.; - Suitable for restaurant, salon, or retail businesses.
    (914) 730-6100
    Request Owner's contact information
    399 Williams 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
    399 Williams St New London, CT 06320
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