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Colonial Office Building
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368 Broad Street, New London, CT 06320

Wood-framed commercial property with a usable basement, detached shed, and C-1 General Commercial zoning.

Property SizeContact for details
Lot Size0.23 Acres
Days on Market144

Property Features for 368 Broad Street

General Information

Standard status Active
Lot size 0.23 Acres
Property subtype Office
Zoning C-1

Additional Details

Highway Access Yes

Building Details

Construction wood framed
Listing Agency: Bondi COMMERCIAL
Listed By: Kenneth Bondi · License #CT REB.0752067
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 2:18PM

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 Bondi COMMERCIAL

Investment Insights

Based on property information with market context.

This wood-framed, vinyl-clad colonial property contains 1900 sq ft plus a usable basement and a detached shed/garage. Previously operated as office space, the building is located within the C-1 General Commercial zone, which supports business and professional offices, retail, service businesses, and other listed uses. Residential use, including 1-family, 2-family, or multifamily occupancy, may be allowed by special permit.

The property includes .23 Acres and is positioned several hundred feet from the intersection with Coleman St. The surrounding area includes new and used car dealerships and franchised eateries, with average daily traffic of 5,700. The site offers easy access to Interstate 95 and parking options that include on-site and street parking, along with potential additional space through cooperation with a neighboring property.

Key Highlights

  • 1900 sq ft plus a usable basement
  • .23 Acres with a wood‑framed, vinyl‑clad colonial building
  • Detached shed/garage included

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Skin Care Clinic Computer & Electronic Repair HVAC 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

745
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

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Wood-framed commercial property with a usable basement, detached shed, and C-1 General Commercial zoning.
Where is this office building located?
The property is located at 368 Broad Street New London, CT.
What are key features of this property?
This property features: 1900 sq ft plus a usable basement; .23 Acres with a wood‑framed, vinyl‑clad colonial building; Detached shed/garage included
(860) 887-3400 Call to check price and availability
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