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Mixed-Use Building with Secure Parking

24 Montauk Ave New London, CT 06320

24 Montauk Ave, New London, CT, 06320
$599,000
For Sale
$599,000

Three-story property anchored by ServiceMaster with gated, secured parking for commercial vehicles and private entrances for upstairs units.

Property Size7,110 SF
Price / SF$84.25
Days on Market14

Property Features for 24 Montauk Ave

General Information

Standard status
Active
Size
7,110 SF
Property subtype
Commercial

Building Details

Year Built
1930
Listing agency Berkshire Hathaway NE Prop.
Listed by Kyle Schrader
Source Elliman
Added: Jul 8 Updated: Jul 21 at 4:23PM Checked: Jul 21 at 4:23PM

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 Berkshire Hathaway NE Prop.


Investment Insights

Based on property information with market context.

24 Montauk Ave is a three-story mixed-use building built in 1930, featuring a ground-floor office/warehouse and two separate residential units above with their own private entrances. The ground floor is anchored by ServiceMaster, with 2,415 SF of finished office and reception space and 3,072 SF of warehouse area across three bays, supporting flexible service, trade, or light industrial use within the commercial footprint. The second-floor unit is also occupied by ServiceMaster, while the third-floor unit is described as in good, rent-ready condition and is configured as a true 2BR/1BA residence.

The property includes a private parking lot with gated, secured parking for commercial vehicles. Located on Montauk Avenue in New London, CT, it is served by public water and sewer. The property is zoned C-1 General Commercial District, where mixed commercial and residential use is recognized as a permitted use for pre-1983 structures. The building has two residential entrances located separately from the commercial space.

Key Highlights

  • Three‑story mixed‑use building (built 1930) on Montauk Avenue in New London, anchored by ServiceMaster
  • ServiceMaster tenant on triple‑net lease: $5,500/month ($66,000/yr) covering the ground‑floor office/warehouse and the second‑floor unit (Unit 1)
  • Ground floor offers 2,415 SF finished office/reception plus 3,072 SF warehouse across three bays for service, trade, or light industrial use

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Garden Center Locksmith Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Florist

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • The Khaotic Kitchen — 111 Montauk Ave, New London, CT 06320
  • Fatboy's Kitchen and Bar — 194 bank st, new london, ct 06320

FAQs

What type of property is this?
Flex space - Three-story property anchored by ServiceMaster with gated, secured parking for commercial vehicles and private entrances for upstairs units.
Where is this flex space located?
The property is located at 24 Montauk Ave New London, CT.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Three‑story mixed‑use building (built 1930) on Montauk Avenue in New London, anchored by ServiceMaster; ServiceMaster tenant on triple‑net lease: $5,500/month ($66,000/yr) covering the ground‑floor office/warehouse and the second‑floor unit (Unit 1); Ground floor offers 2,415 SF finished office/reception plus 3,072 SF warehouse across three bays for service, trade, or light industrial use
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