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Functional Studio Space in Downtown
For Lease
$2,900/Mo

38 Green St, New London, CT 06320

3,000 SF studio space in vibrant downtown New London.

Space SizeContact for details
Days on Market144

Property Features for 38 Green St

General Information

Standard status Active

Building Details

Year Built 1920
Listing Agency: Parker Benjamin Real Estate Se
Listed By: Shannon Healy
Source: Homesbyshoshana
Added: Apr 24 Changed: Sep 8 Last Checked: Sep 13 at 12:33PM

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 Parker Benjamin Real Estate Se

Investment Insights

Based on property information with market context.

This functional studio space, located in downtown New London, is designed for photography businesses and creative sessions. The studio offers approximately 3,000 square feet of flexible space with an open layout. It features high ceilings, expansive walls, and a specialized cyclorama. Recently updated with modern finishes, the studio includes hardwood floors and large windows for natural light. A dedicated dark room space is also available. Amenities include a shooting area, a client consultation area, ample storage for equipment and props, a kitchenette, and a lounge area. The studio is equipped with track lighting and additional electrical outlets to accommodate professional lighting setups. The location has a walk score of 65, indicating it is somewhat walkable, a bike score of 43, indicating it is somewhat bikeable, and a transit score of 29, indicating some transit options are available.

Key Highlights

  • 3,000 sq ft of flexible studio space in downtown New London.
  • Recently updated with modern finishes, including sleek hardwood floors.
  • High ceilings and expansive walls with a specialized cyclorama for photoshoots.

Property Analytics

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Current Use

GREENWAY Construction Company

Suggested Use

Top Pick Computer & Electronic Repair Carpet & Flooring Store (Bike/Boat/Book/etc) 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
$1.74 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,727
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
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Market

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
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Frequently Asked Questions

What type of property is this?
Creative space - 3,000 SF studio space in vibrant downtown New London.
Where is this creative space located?
The property is located at 38 Green St New London, CT.
What is the lease rate?
The lease rate is $2,900/Mo.
What are key features of this property?
This property features: 3,000 sq ft of flexible studio space in downtown New London.; Recently updated with modern finishes, including sleek hardwood floors.; High ceilings and expansive walls with a specialized cyclorama for photoshoots.
More about this property
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