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Downtown Retail/Restaurant Space Available
For Lease
$3,000/Mo

4 State Street, New London, CT 06320

950 SF retail or restaurant space in downtown New London.

Space SizeContact for details
Property Size950 SF
Days on Market700

Property Features for 4 State Street

General Information

Standard status Active
Size 950 SF
Property subtype Commercial

Amenities

Central air
Hot Air Heating
Split System Cooling
Tar/Gravel Roof

Building Details

Year Built 1900
Listing Agency: U.S. Properties Real Estate Services, LLC
Listed By: CONSTANCE HOWARD · License #RES.0798067
Source: Corcoran
Added: Sep 10, 2024 Changed: Aug 9 Last Checked: Aug 9 at 7:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of U.S. Properties Real Estate Services, LLC

Investment Insights

Based on property information with market context.

This 950 square foot space, formerly a bar, presents a significant opportunity for a restaurant, bar, or retail establishment in downtown New London. The property is located across from the train and ferry station, and the future USCG Museum. Currently gutted, the space is ready for build out to suit a variety of uses. The CBD-1 zoning is intended to encourage a variety of retail businesses, business and professional offices, service businesses, entertainment, and cultural establishments.

Key Highlights

  • Prime downtown location directly across from the train/ferry station and future USCG Museum.
  • Suitable for restaurant, bar, or retail use.
  • CBD‑1 zoning allows for a variety of business types (retail, office, service, entertainment, cultural).

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tech Support Center Veterinary Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.68 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,727
Businesses Nearby
5k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 100%
Holiday Inn New London - Mystic Area Hotels & Casinos
5,097 visits/mo 0.3 miles

Demographics for 06320, CT

27,398
Population
12,528
Households
2.2
Avg Household Size
34
Median Age
29%
College-Educated
88%
High-School Grad
5.6 sq mi
ZIP Area
4,893
Density / Sq Mi
$60,224
Median Household Income
$34,932
Median Earnings
$1,304
Median Rent
$234,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Dutch Tavern 23 Green St, New London, CT 06320
  • Six String Cafe 639 Bank St, New London, CT 06320
  • Shalonda's 4th & Goal 345 Bank St, New London, CT 06320
  • The Social Bar + Kitchen 208 Bank St, New London, CT 06320
  • Hygienic Art 79 Bank St, New London, CT 06320

Frequently Asked Questions

What type of property is this?
Bar & Pub - 950 SF retail or restaurant space in downtown New London.
Where is this bar & pub located?
The property is located at 4 State Street New London, CT.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Prime downtown location directly across from the train/ferry station and future USCG Museum.; Suitable for restaurant, bar, or retail use.; CBD‑1 zoning allows for a variety of business types (retail, office, service, entertainment, cultural).
More about this property
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