Renovated Mixed-Use
For Sale
$1,500,000
224-230 State Street, New London, CT 06320
Commercial For Sale, New London, CT
Property Size8,572 SF
Lot Size0.18 Acres
Price / SF$174.99
Days on Market25
Property Features for 224-230 State Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CBD-1
Directions
GPS
Standard status
Active
Size
8,572 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
10362
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1930
Listing Agency:
RE/MAX Coast and Country · RE/MAX International
(860) 536-7600
Listed By:
Rebecca Missios · License #res.0826089
(860) 460-3651
Added: Sep 16
Changed: Oct 9
Last Checked: Oct 10 at 12:06AM
MLS# 24207695
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 8,572-square-foot mixed-use property includes a convenience store and deli, plus approximately 2,000 square feet of furnished upper-level space configured as a two-bedroom, two-bath apartment. Renovation work completed in 2025 included new appliances and a Cold Brew Bar. The deli has a new, inspected Ledge Light ancillary and fire-suppression system.
The property is at 224-230 State Street in New London and is zoned CBD-1. Approximately 40 apartments are under construction on the abutting parcel. Public water and sewer serve the property.
The property is at 224-230 State Street in New London and is zoned CBD-1. Approximately 40 apartments are under construction on the abutting parcel. Public water and sewer serve the property.
Key Highlights
- 8,572‑square‑foot mixed‑use property on a 0.18‑acre lot
- Approximately 3,000‑square‑foot convenience store and deli
- Approximately 2,000 square feet of renovated, furnished upper‑level space configured as a two‑bedroom, two‑bath apartment
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines a convenience store and deli with a furnished upper-level apartment.
Where is this mixed-use property located?
The property is located at 224-230 State Street 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: 8,572‑square‑foot mixed‑use property on a 0.18‑acre lot; Approximately 3,000‑square‑foot convenience store and deli; Approximately 2,000 square feet of renovated, furnished upper‑level space configured as a two‑bedroom, two‑bath apartment
