Mixed-Use Building in Downtown New
For Lease
$2,175,000
12 Masonic St, New London, CT 06320
Mixed-use commercial and residential building in downtown New London.
Space SizeContact for details
Days on Market150
Property Features for 12 Masonic St
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$39,298
Listing Agency:
Pioneer CRE
(413) 459-0570
Listed By:
Paul Bongiorni · License #REB.0793882
(413) 459-0570
Source:
Exprealty
Added: Apr 2
Changed: Aug 25
Last Checked: Aug 26 at 10:33AM
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 Pioneer CRE
Investment Insights
Based on property information with market context.
Located in downtown New London, 12 Masonic Street is a mixed-use commercial and residential building featuring first-floor retail/office space, upper-level office suites, and four recently converted apartments. The property has undergone numerous mechanical and cosmetic upgrades. Its central location is near City Hall and across from The Eastern CT Chamber of Commerce. The Amtrak/CTrail Shore Line East train station, as well as the Block Island, Fishers Island, and Cross Sound ferries are nearby. The Garde Arts Center and the historic New London Public Library are two blocks away. The upper floors offer views of the Thames River and surrounding areas. Connecticut College and the U.S. Coast Guard Academy are approximately a five-minute drive away, while UConn's Avery Point campus is about 12 minutes away. The property is located in the heart of a rapidly growing city, with access to New York, Long Island, Hartford, Providence, and major Eastern Connecticut employers and institutions. 12 Masonic Street is currently being divided from 153-165 State Street, known as Harris Place. Both building sections are available for sale individually but could be sold together. All measurements are approximate. Listed tax/assessment information may change after legal parcel division. Buyer to do due diligence and verify all information, including zoning/use.
Key Highlights
- Mixed‑use building with retail/office space and four recently converted apartments.
- Prime downtown location near City Hall, the Eastern CT Chamber of Commerce, and transportation hubs (Amtrak/CTrail, ferries).
- Recently completed mechanical and cosmetic upgrades.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,607
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use commercial and residential building in downtown New London.
Where is this mixed-use property located?
The property is located at 12 Masonic St New London, CT.
What is the lease rate?
The lease rate is $2,175,000.
What are key features of this property?
This property features: Mixed‑use building with retail/office space and four recently converted apartments.; Prime downtown location near City Hall, the Eastern CT Chamber of Commerce, and transportation hubs (Amtrak/CTrail, ferries).; Recently completed mechanical and cosmetic upgrades.
