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Commercial Space in New London
For Lease
$2,100/Mo

405 Williams St, New London, CT 06320

First-floor commercial space suitable for office or community use.

Space SizeContact for details
Days on Market202

Property Features for 405 Williams St

General Information

Standard status Active

Building Details

Year Built 1920
Listing Agency: Sound Real Estate Services, LLC
Listed By: Aidan Brennan
Source: Homesbyshoshana
Added: Mar 10 Changed: Sep 25 Last Checked: Sep 26 at 1:11PM

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 Sound Real Estate Services, LLC

Investment Insights

Based on property information with market context.

Available for rent is a commercial space encompassing approximately 1,650 square feet on the first floor. The unit features a flexible layout suitable for professional, office, studio, or community use, subject to zoning approval. The building is well-maintained and includes shared on-site parking. The location provides convenient access to major routes. The landlord is responsible for snow removal and landscaping. The tenant is responsible for utilities and a proportional share of property tax and property insurance.

Key Highlights

  • Flexible 1,650 SF commercial space suitable for office, studio, or community use.
  • Convenient access to major routes.
  • Shared on‑site parking.

Property Analytics

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Open Analytics

Current Use

D J's Campus ... Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Computer & Electronic Repair Acupuncture Pet Grooming Service Florist

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
$2.33 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

696
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New London, CT

$14.6 /SF/Yr
Avg Asking Price
$3.78–$27.44 /SF/Yr
Price Range
15,499 SF
Avg Space Size

This space is priced 7% above the average of $14.6 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - First-floor commercial space suitable for office or community use.
Where is this office units located?
The property is located at 405 Williams St New London, CT.
What is the lease rate?
The lease rate is $2,100/Mo.
What are key features of this property?
This property features: Flexible 1,650 SF commercial space suitable for office, studio, or community use.; Convenient access to major routes.; Shared on‑site parking.
More about this property
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