Downtown New London Retail
For Lease
Contact for pricing
128-138 State St, New London, CT
Recently renovated retail space in downtown New London.
Space Size1,500 SF
Lot Size0.27 Acres
Days on Market373
Property Features for 128-138 State St
General Information
Standard status
Active
Size
1,500 SF
Lot size
0.27 Acres
Property subtype
RETAIL
Spaces For Lease
at 128-138 State St
128 State St
$2,500/Mo
Floor
1
Size
1,500 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
- One commercial unit for lease in the heart of downtown New London. 1,500 SF. Recently renovated with new hardwood floors, handicap bath and central AC.
- In close proximity to the Amtrak and Ferry stations as well as the Garde Theater. Adjacent to “Jake’s Diner”.
- Great opportunity for any business, retail or office wanting excellent visibility.
Contact us
Listing Agency:
U.S. Properties
(860) 437-0101
Listed By:
Connie Howard
Source:
Moodyscre
Added: Oct 9, 2025
Changed: Sep 15
Last Checked: Oct 16 at 10:37AM
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 U.S. Properties
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Investment Insights
Based on property information with market context.
This commercial unit, offering 1,500 square feet, is available for lease in downtown New London. The space has been recently renovated and features new hardwood floors, a handicap-accessible bathroom, and central air conditioning. The property is located in close proximity to the Amtrak and Ferry stations, as well as the Garde Theater. It is adjacent to Jake’s Diner, offering excellent visibility for businesses, retail ventures, or offices.
Key Highlights
- Excellent visibility in the heart of downtown New London.
- Recently renovated with new hardwood floors, handicap bath, and central AC.
- 1,500 SF commercial unit suitable for retail or office.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,607
Businesses Nearby
5k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 100%
Holiday Inn New London - Mystic Area
Hotels & Casinos
5,097 visits/mo
0.2 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for New London, CT
$15.69 /SF/Yr
Avg Asking Price
$4.04–$37.89 /SF/Yr
Price Range
16,767 SF
Avg Space Size
This space is priced 28% above the average of $15.69 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Recently renovated retail space in downtown New London.
Where is this retail space located?
The property is located at 128-138 State St New London, CT.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Excellent visibility in the heart of downtown New London.; Recently renovated with **new hardwood floors, handicap bath, and central AC.**; 1,500 SF commercial unit suitable for retail or office.
