27 Broad Street New London, CT 06320
COMMERCIAL - New London, CT
Property Features for 27 Broad Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-1
- Bathrooms
- 5
- Rooms
- Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 5, Bathroom 4
- Parking
- 15
- Security features
- Security System
- Interior features
- Employee Lounge,Security System
- Exterior features
- Sidewalk,Gutters
- Standard status
- Active
- Size
- 5,510 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 11905
Utilities
- Sewer type
- Public Sewer
- Heating system
- Steam
- Cooling system
- Window Unit(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Flooring type
- Wood, Vinyl
Listing agent Jason Pollard (860) 887-1122
Listing office Compass Connecticut, LLC 22 Holmes Street, Charlestown, CT (860) 572-9099
Listing date Jul 15, 2026
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.
Located at 27 Broad Street in New London, Connecticut, the property is zoned C-1. Reported financials include $111,281 in gross annual income and a stabilized in-place NOI of $70,563, with a proforma NOI of $88,233 at market rents. Operating expenses total $37,808 annually, and the listing cites a 9.81% cap rate based on the $899,000 asking price. Owner financing is considered, and the full financial package is available in MLS documents for buyer due diligence.
Key Highlights
- Five‑unit Victorian brick mixed‑use building (c. 1900) generating $111,281 gross annual income with stabilized NOI of $70,563
- 9.81% cap rate at the $899,000 asking price; proforma NOI of $88,233 at market rents
- Ground‑floor dental practice tenant on a long‑term lease paying $4,423/month; four residential units above are fully occupied
