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5-Unit Dental-Anchored Mixed-Use Property
For Lease
$899,000

27 Broad St, New London, CT 06320

Fully leased downtown property combines a dental practice with four upstairs apartments and included heat and hot water.

Space SizeContact for details
Days on Market29

Property Features for 27 Broad St

General Information

Standard status Active
Occupancy 100%

Taxes and HOA fees

Annual Taxes $11,862

Building Details

Tenancy Multi
Listing Agency: Compass Connecticut, LLC
Listed By: Jason Pollard
Source: Exprealty
Added: Jul 15 Changed: Aug 11 Last Checked: Aug 11 at 9:43AM

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 Compass Connecticut, LLC

Investment Insights

Based on property information with market context.

This five-unit mixed-use property combines a dental practice on the commercial level with four apartments above. The residential component includes two 2BR/1BA units and two 1BR/1BA units, with heat and hot water included. The property is currently 100% leased, providing an established mix of commercial and residential occupancy.

Located at 27 Broad St in downtown New London, the property is walkable to rail service, the waterfront, and downtown amenities. Its combination of an operating dental use and four residential units creates a compact mixed-use configuration within the downtown setting.

Key Highlights

  • Five‑unit mixed‑use property with a dental practice and four apartments
  • 100% leased occupancy
  • Apartment mix includes two 2BR/1BA units and two 1BR/1BA units

Property Analytics

Current Use

Dr. Marcus Capalbo Dental Office Elliot Kimmel Dental Office Dr. Brian Bottaro Dental Office Thames River Dental ... Dental Office

Suggested Use

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

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

100%
Occupancy
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,750
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased downtown property combines a dental practice with four upstairs apartments and included heat and hot water.
Where is this mixed-use property located?
The property is located at 27 Broad St New London, CT.
What is the lease rate?
The lease rate is $899,000.
What are key features of this property?
This property features: Five‑unit mixed‑use property with a dental practice and four apartments; 100% leased occupancy; Apartment mix includes two 2BR/1BA units and two 1BR/1BA units
More about this property
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