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Medical Office Suite with Parking
New
For Sale
$125,000

268 Montauk Avenue, New London, CT 06320

Commercial For Sale, New London, CT

Property Size2,009 SF
Price / SF$62.22
Days on Market4

Property Features for 268 Montauk Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R-2
Bathrooms 2
Half bathrooms 2
Rooms Bathroom 1, Bathroom 2
Parking 16
Exterior features Sidewalk,Pole Sign
Directions East side of Montauk, just south of Willetts Ave traffic light.
Standard status Active
Size 2,009 SF

Taxes and HOA fees

Tax Year 2027
Tax Annual Amount 7580

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 1972
Floors in Building 1
Flooring type Vinyl, Carpet - Full
Listing Agency: CENTURY 21 Shutters & Sails · Century 21 Real Estate
Listed By: Becca Brody
Added: Aug 31 Changed: Sep 3 Last Checked: Sep 3 at 7:06AM
MLS# 24203200

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 2,009-square-foot upper-level condominium is configured for professional or medical use. The layout includes an enclosed reception area, separate waiting room, multiple exam rooms, private offices, supply storage, and two bathrooms. Direct street-level access is complemented by a second rear exit, while central air, vinyl flooring, and full carpeting support the existing setup.

The property is located at 268 Montauk Avenue in New London, two blocks from Lawrence + Memorial Hospital and nine blocks from Downtown New London. A generous off-street parking lot, sidewalk access, and pole signage are included. Public water and public sewer serve the property, which was built in 1972 and carries R-2 zoning. The space is available for lease as-is, customization for professional use, or consideration of residential reconfiguration as described in the property information.

Key Highlights

  • 2,009‑square‑foot medical office condominium
  • Configured with reception, waiting room, exam rooms, private offices, and supply storage
  • Direct street‑level entry plus a second rear exit

Property Analytics

Current Use

Connecticut GI: New ... Physician Alan Greenwald, M.D. Physician

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Locksmith Garden Center

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,088
Businesses Nearby
Under-served
Demand for This Use

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Medical Office Space - Upper-level condominium with street entry, reception, exam rooms, private offices, and supply storage.
Where is this medical office space located?
The property is located at 268 Montauk Avenue New London, CT.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 2,009‑square‑foot medical office condominium; Configured with reception, waiting room, exam rooms, private offices, and supply storage; Direct street‑level entry plus a second rear exit
More about this property
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