Updated Office Units Near
For Lease
$1,850/Mo
425 Montauk Avenue, New London, CT 06320
Commercial For Lease, New London, CT
Space SizeContact for details
Lot Size0.28 Acres
Days on Market138
Property Features for 425 Montauk Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
R-1
Directions
gps
Subdivision
Ocean Beach
Standard status
Active
Size
1,600 SF
Lot size
0.28 Acres
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1970
Listing Agency:
CENTURY 21 Shutters & Sails · Century 21 Real Estate
(860) 331-1510
Listed By:
Richard Bates
(860) 917-9111
Added: Jun 8
Changed: Oct 18
Last Checked: Oct 23 at 11:06AM
MLS# 24182149
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Investment Insights
Based on property information with market context.
This 1,600-square-foot office property at 425 Montauk Avenue has been completely updated and includes six offices, a reception area, and a separate waiting room. The layout provides multiple enclosed rooms within a compact commercial setting, with off-street parking available on the 0.28-acre parcel. Central air and hot-water heating serve the building, which was constructed in 1970.
The property is located approximately one block from L&M Hospital on Montauk Avenue, with the surrounding corridor reported to see thousands of vehicles daily. Public water and public sewer serve the site. The property carries R-1 zoning and is offered for lease in New London, Connecticut.
The property is located approximately one block from L&M Hospital on Montauk Avenue, with the surrounding corridor reported to see thousands of vehicles daily. Public water and public sewer serve the site. The property carries R-1 zoning and is offered for lease in New London, Connecticut.
Key Highlights
- 1,600 SF updated office property on a 0.28‑acre parcel
- Six offices plus a reception area and waiting room
- Approximately one block from L&M Hospital
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.08 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
762
Businesses Nearby
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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
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Market
Lease Benchmarks for New London, CT
$14.23 /SF/Yr
Avg Asking Price
$3.78–$27.44 /SF/Yr
Price Range
16,149 SF
Avg Space Size
This space is priced 2% below the average of $14.23 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Six private offices include reception space, a waiting room, and off-street parking for a multi-room business setup.
Where is this office unit located?
The property is located at 425 Montauk Avenue New London, CT.
What is the lease rate?
The lease rate is $1,850/Mo.
What are key features of this property?
This property features: 1,600 SF updated office property on a 0.28‑acre parcel; Six offices plus a reception area and waiting room; Approximately one block from L&M Hospital
