7 Governor Winthrop Blvd New London, CT 06320-6428

This exceptional 8,200-square-foot retail/office building, situated on a 0.51-acre lot in New London, Connecticut's central business district, presents a compelling investment opportunity. The single-story, Class B building, constructed in 1975, features four units and is conveniently located at 7 Governor Winthrop Blvd, zip code 06320. The property boasts 13 parking spaces and is handicap accessible. Utilities include public gas, water, and sewer, along with central air conditioning. Currently zoned CBD-2 Commercial, the permitted uses are diverse, encompassing retail establishments such as barber shops, beauty salons, and art galleries, as well as business or professional offices, arts and crafts studios, and places of worship. Additional uses, including educational schools and arts & crafts studios, may be possible through special permits. The asking price is $695,000, translating to $84.76 per square foot. This property offers significant potential for a variety of uses and represents a strong investment in a vibrant urban setting. The building is easily accessible from I-95 via the downtown exit to Eugene O'Neill Drive, situated on the west side near the New London Building Department. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving Connecticut market.