Search
Retail Storefront and Office Units
For Sale
Contact for pricing

224 STATE ST, New London, CT 06320

For-sale commercial building offering retail storefront space alongside office units, totaling 8,572 square feet.

Property Size8,572 SF
Price / SF$233.20
Days on Market59

Property Features for 224 STATE ST

General Information

Standard status Active
Size 8,572 SF
Class A
Property subtype Multifamily, Office, Business for Sale
Zoning CBD-1
Lease Type Absolute Net
Investment Type Owner/User

Building Details

Year Built 1930
Year Renovated 2025
Buildings 1
Stories 2
Units 6
Tenancy Multi
Listing Agency: Londregan Commercial Real Estate Group
Listed By: William Bill Kane · License #CT RES.0770182
Source: Crexi
Added: Jun 14 Changed: Aug 8 Last Checked: Aug 10 at 10:12AM

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 Londregan Commercial Real Estate Group

Investment Insights

Based on property information with market context.

This for-sale commercial property combines retail storefront presence with office unit space, designed to support multiple types of day-to-day business needs. The building totals 8,572 square feet, providing an adaptable layout for tenants seeking both customer-facing and office-oriented operations under one ownership.

Located at 224 State St in New London, Connecticut, the property benefits from street-level frontage on State Street. As a storefront and office mixed-use configuration, it can accommodate businesses that value direct commercial access and the convenience of having office space on-site.

For buyers and brokers evaluating tenants, this structure can be a practical fit for service users who need both showroom or retail-style presence and dedicated office areas. The combination of storefront and office units may also appeal to owner-operators or investors looking for a building that supports more than one space type, within a single asset. Please contact for further details on current configuration and available unit(s).

Key Highlights

  • Commercial building built in 1930
  • Total 8,572 SF of retail storefront space and office units

Property Analytics

Current Use

Honey Plus Grocery & Convenience Store Honeybee Foodmart Grocery & Convenience Store

Suggested Use

Top Pick Computer & Electronic Repair Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tech Support Center Cafe & Coffee Shop Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,665
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • New London Florist New London, CT 06320

Frequently Asked Questions

What type of property is this?
Storefront property - For-sale commercial building offering retail storefront space alongside office units, totaling 8,572 square feet.
Where is this storefront property located?
The property is located at 224 STATE ST New London, CT.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Commercial building built in 1930; Total 8,572 SF of retail storefront space and office units
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message