Freestanding Commercial Building with
For Sale
$250,000
Pending
458 Ocean Avenue, New London, CT 06320
996 SF commercial building with two drive-throughs on corner lot.
Property Size899 SF
Lot Size0.20 Acres
Days on Market193
Property Features for 458 Ocean Avenue
General Information
Standard status
Pending
Size
899 SF
Lot size
0.20 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,872
Amenities
Central air
Corner Lot
Sidewalk
Concrete Flooring
Ductless Cooling
Hot Air Heating
Level Lot
Off Street Parking
Paved
Tar/Gravel Roof
Building Details
Year Built
1900
Listing Agency:
Coldwell Banker Realty
(860) 739-6277
Listed By:
RICK LORANGER
Source:
Corcoran
Added: Jan 27
Changed: Aug 8
Last Checked: Aug 8 at 5:56AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This is a freestanding 996 SF commercial building featuring two drive-throughs. The property was previously used as a restaurant/cafe and a bank. It is located on a highly visible corner with frontage on both Ocean Avenue and School Street. The property is zoned 'Neighborhood Business', allowing for many retail and commercial uses. The site includes a parking lot for 6 cars, as well as on-street parking. The property is located in close proximity to Yale New Haven Hospital, colleges, and Ocean Beach. It would make a great take-out or drive-through restaurant.
Key Highlights
- Freestanding 996 SF commercial building.
- Two drive‑throughs, ideal for restaurant/cafe use.
- Highly visible corner location with frontage on Ocean Avenue and School Street.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
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
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - 996 SF commercial building with two drive-throughs on corner lot.
Where is this drive through restaurant located?
The property is located at 458 Ocean Avenue New London, CT.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Freestanding 996 SF commercial building.; Two drive‑throughs, ideal for restaurant/cafe use.; Highly visible corner location with frontage on Ocean Avenue and School Street.
