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New London Office Space Available
For Lease
$2,200/Mo

464 Ocean Avenue, New London, CT 06320

Two office spaces for lease in New London, CT.

Space SizeContact for details
Lot Size0.19 Acres
Days on Market1335

Property Features for 464 Ocean Avenue

General Information

Standard status Active
Lot size 0.19 Acres
Property subtype Commercial

Amenities

Central air
Central Air Cooling
Hot Air Heating
Tar/Gravel Roof

Building Details

Year Built 1957
Listing Agency: US Properties
Listed By: CONSTANCE HOWARD · License #RES.0798067
Source: Corcoran
Added: Mar 13, 2023 Changed: Aug 8 Last Checked: Aug 17 at 9:23PM

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 US Properties

Rey
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Investment Insights

Based on property information with market context.

Two office spaces are available for lease. One space offers 1,700 square feet at a monthly rate of $2,100, while the other provides 1,000 square feet at $1,300 per month. The landlord covers the costs of heat, air conditioning, and water. Tenants are responsible for their electric usage. The property is a three-story building equipped with an elevator and includes a parking lot located at the back of the building.

Key Highlights

  • Two office spaces available: 1,700 SF and 1,000 SF.
  • Rent includes heat, AC, and water.
  • Elevator access in the 3‑story building.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

New England Cognitive ... Physician Saeed's International Market Grocery & Convenience Store Lucy Solari Marriage Or Relationship Counselor L & M Healthcare ... Advocacy Group

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Nail Salon Building Supply Parking Lot & Garage

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

NNN (Triple Net)
Lease Type
$2.33 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

748
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New London, CT

$13.59 /SF/Yr
Avg Asking Price
$3.78–$27.44 /SF/Yr
Price Range
16,922 SF
Avg Space Size

This space is priced 14% above the average of $13.59 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in New London, CT

$14.98 Jul
$13.32 Aug
$14.5 Sep
$13.39 Oct

Properties on Market for Office Units in New London

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Two office spaces for lease in New London, CT.
Where is this office unit located?
The property is located at 464 Ocean Avenue New London, CT.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: Two office spaces available: 1,700 SF and 1,000 SF.; Rent includes heat, AC, and water.; Elevator access in the 3‑story building.
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