48-58 Ocean Ave New London, CT 06320

Building Details

Year Built

1962

Listing agency Samuel Lyman, Broker S*@retradecre.com Show Phone

Listed by Sam Lyman · License #REB.0793484 Show Phone

Source Elliman

Added: Apr 24 Updated: Jul 10 at 1:20PM Checked: Jul 21 at 5:20AM

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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 Samuel Lyman, Broker

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Investment Insights

Based on property information with market context.

This 6,120 square foot retail or medical space features high ceilings with a 12-foot clear height. The space was previously occupied and outfitted by a dental practice. A full basement below offers approximately 15,250 square feet with an 8.5-foot clear height. The property includes one dock door and the possibility of a 7,000 square foot expansion area. There is ample parking available, with 8.69 spaces per 1,000 square feet. The property has 400 AMPs and is zoned B-4. The walk score is 91, indicating it is a walker's paradise. The bike score is 49, indicating it is somewhat bikeable, and the transit score is 36, indicating some transit options are available.

Key Highlights

• High walkScore (91, Walker's Paradise)
• 6,120 SF retail/medical space with high ceilings (12' clear height)
• Approximately 15,250 SF full basement below (8.5' clear height)

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FAQs

What type of property is this?

Retail space - 6,120 SF retail/medical space with expansion potential.

Where is this retail space located?

The property is located at 48-58 Ocean Ave New London, CT.

What is the lease rate?

The lease rate is $17 SF/Yr.

What are key features of this property?

This property features: High walkScore (91, Walker's Paradise); 6,120 SF retail/medical space with **high ceilings (12' clear height)**; Approximately 15,250 SF full basement below (8.5' clear height)