Downtown New London Office/Retail
For Sale
$2,800,000
153 State St, New London, CT 06320
Five-story office/retail building in downtown New London with renovation.
Property Size49,572 SF
Days on Market134
Property Features for 153 State St
General Information
Standard status
Active
Size
49,572 SF
Property subtype
Commercial
Building Details
Building Size
49,572 SF
Year Built
1885
Listing Agency:
Pioneer CRE
Listed By:
Paul Bongiorni · License #9575704
(413) 459-0570
Source:
Elliman
Added: Apr 24
Changed: Aug 28
Last Checked: Sep 2 at 6:51PM
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 Pioneer CRE
Investment Insights
Based on property information with market context.
This prominent five-story office and retail building is situated in downtown New London. Known as Harris Place, it houses a diverse mix of commercial tenants, including professional offices, art galleries, and a private library. The building has been upgraded and renovated under its current ownership. Its central location is next to City Hall and near the Amtrak/CTrail Shore Line East train station, as well as the Block Island, Fishers Island, and Cross Sound ferries. The Garde Arts Center and the New London Public Library are two blocks away. The main level features a large, skylit atrium. Elevator service provides access to the upper floors, which offer views of the Thames River. Connecticut College and the U.S. Coast Guard Academy are approximately a five-minute drive away, while UConn's Avery Point campus is about 12 minutes away. This property represents an investment opportunity in a growing region and has potential for conversion or redevelopment. The adjacent property at 12 Masonic Street is also available for sale. The location has a walk score of 91, indicating it is a Walker's Paradise, a bike score of 49, indicating it is Somewhat Bikeable, and a transit score of 36, indicating Some Transit.
Key Highlights
- Prime downtown location next to City Hall and near transportation hubs (Amtrak/CTrail, ferries).
- Upgraded and renovated 5‑story building with diverse commercial tenants.
- Potential investment opportunity in a growing region with conversion/redevelopment possibilities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,607
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Office building - Five-story office/retail building in downtown New London with renovation.
Where is this office building located?
The property is located at 153 State St New London, CT.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Prime downtown location next to City Hall and near transportation hubs (Amtrak/CTrail, ferries).; Upgraded and renovated 5‑story building with diverse commercial tenants.; Potential investment opportunity in a growing region with conversion/redevelopment possibilities.
