Renovated Mixed-Use
New
For Sale
$1,500,000
224-230 State St, New London, CT 06320
Convenience store and deli with furnished residential space above and updated operating infrastructure.
Property Size8,572 SF
Price / SF$174.99
Days on Market7
Property Features for 224-230 State St
General Information
Standard status
Active
Size
8,572 SF
Property subtype
Commercial
Additional Details
Furnished
Yes
Sprinkler System
Yes
Commercial Hood
Yes
Building Details
Year Built
1930
Year Renovated
2025
Listing Agency:
Coldwell Banker Realty
(203) 577-7308
Listed By:
Linda Edelwich Team
(860) 818-3610
Source:
Agentsonmain
Added: Sep 18
Changed: Sep 23
Last Checked: Sep 22 at 4:53PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This mixed-use property at 224-230 State St in New London combines a convenience store and deli with renovated residential space. The approximately 3,000-square-foot commercial area was renovated in 2025 and includes new appliances, a Cold Brew Bar, and a new, inspected Ledge Light ancillary and fire-suppression system. The commercial space is described as clean, bright, well-maintained, and accessible.
The approximately 2,000-square-foot upper level was also renovated and furnished. It is currently arranged as a two-bedroom, two-bath apartment, providing an additional residential component within the property. The upper level may support owner occupancy, rental use, or future repositioning, subject to applicable zoning, building, fire, and permitting requirements.
The property was built in 1930. Approximately 40 new apartments are under construction on the abutting parcel, while the surrounding area records a walk score of 70, a bike score of 45, and a transit score of 26.
The approximately 2,000-square-foot upper level was also renovated and furnished. It is currently arranged as a two-bedroom, two-bath apartment, providing an additional residential component within the property. The upper level may support owner occupancy, rental use, or future repositioning, subject to applicable zoning, building, fire, and permitting requirements.
The property was built in 1930. Approximately 40 new apartments are under construction on the abutting parcel, while the surrounding area records a walk score of 70, a bike score of 45, and a transit score of 26.
Key Highlights
- Approximately 3,000 square feet of renovated convenience store and deli space
- Commercial area renovated in 2025 with new appliances and a Cold Brew Bar
- Approximately 2,000 square feet of renovated, furnished upper‑level space
Property Analytics
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Current Use
Lease Details
Yes
Sprinkler system
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
1,665
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
0.1 miles
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
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Convenience store and deli with furnished residential space above and updated operating infrastructure.
Where is this mixed-use property located?
The property is located at 224-230 State St New London, CT.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Approximately 3,000 square feet of renovated convenience store and deli space; Commercial area renovated in 2025 with new appliances and a Cold Brew Bar; Approximately 2,000 square feet of renovated, furnished upper‑level space
