Upper-Level Medical Office
For Lease
$125,000
268-268 Montauk Ave, New London, CT 06320
Configured suite includes reception, waiting, exam, office, and storage areas.
Space SizeContact for details
Days on Market25
Property Features for 268-268 Montauk Ave
General Information
Standard status
Active
Zoning
R-2
Space & Availability
Space Use
Medical Office
Condition
As-Is
Available From
Immediate
Taxes and HOA fees
Annual Taxes
$7,580
Listing Agency:
CENTURY 21 Shutters & Sails
(860) 331-1510
Listed By:
Becca Brody
(860) 705-4354
Source:
Exprealty
Added: Aug 31
Changed: Sep 18
Last Checked: Sep 22 at 10:18PM
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 CENTURY 21 Shutters & Sails
Investment Insights
Based on property information with market context.
This upper-level condominium is configured for professional or medical use, with direct street-level entry and a separate rear exit. The existing layout includes an enclosed reception area, dedicated waiting room, multiple exam rooms, private offices, and supply storage. Off-street parking is provided through a shared lot, and the space is available for lease as-is or for customization to suit a practice. R-2 zoning is in place, with the source information also identifying the possibility of exploring residential conversion into a two-family setup.
The property is located two blocks from Lawrence + Memorial Hospital and nine blocks from Downtown New London. Its proximity to the hospital and downtown places the suite within an established New London setting while retaining a configuration suited to office or medical operations.
The property is located two blocks from Lawrence + Memorial Hospital and nine blocks from Downtown New London. Its proximity to the hospital and downtown places the suite within an established New London setting while retaining a configuration suited to office or medical operations.
Key Highlights
- Two blocks from Lawrence + Memorial Hospital
- Nine blocks from Downtown New London
- Upper‑level condominium with direct street‑level entry
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,088
Businesses Nearby
Under-served
Demand for This Use
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
Lease Benchmarks for New London, CT
$14.63 /SF/Yr
Avg Asking Price
$11–$19.75 /SF/Yr
Price Range
2,114 SF
Avg Space Size
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured suite includes reception, waiting, exam, office, and storage areas.
Where is this medical office space located?
The property is located at 268-268 Montauk Ave New London, CT.
What is the lease rate?
The lease rate is $125,000.
What are key features of this property?
This property features: Two blocks from Lawrence + Memorial Hospital; Nine blocks from Downtown New London; Upper‑level condominium with direct street‑level entry
