464 Ocean Ave New London, CT 06320
Multi-story building near hospital with income and upside potential.
Property size:
14,388 SFLot size:
0.19 AcresProperty Features for 464 Ocean Ave
General Information
- Standard status
- Active
- Size
- 14,388 SF
- Lot size
- 0.19 Acres
Building Details
- Year built
- 1957
Source:
Corcoran
Listing Agency: Valdez Realty Listing Agent: John Valdez
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
New London Mixed-Use Opportunity
This commercial property is located in a strategic and high-demand corridor of New London, adjacent to Yale New Haven Lawrence + Memorial Hospital and minutes from Mitchell College, Ocean Beach Park, and Downtown New London. The multi-story structure features an operational elevator servicing all floors from the basement through the third level, and a full wet fire-suppression system throughout. The layout allows easy division or expansion of units, providing freedom to tailor spaces for office, medical, residential, or mixed-use conversions. An adjacent 28-space parking lot directly behind the building is included in the sale. The property is currently 60% occupied and 40% vacant. Major employers such as Electric Boat, Pfizer, and the U.S. Coast Guard drive steady activity and long-term stability in the area. The building has a size of 14388 square feet.
Location Intelligence
Current Use by Public Records
New England Cognitive ...
Physician
Saeed's International Market
Grocery & Convenience Store
Lucy Solari
Marriage Or Relationship Counselor
L & M Healthcare ...
Advocacy Group
Location Insight
- Map
- Local Demand
- City
- New London
- County
- State
- Connecticut
- Longitude
- -72.104299
- Latitude
- 41.3336
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Multi-story building near hospital with income and upside potential.
Where is this mixed-use property located?
The property is located at 464 Ocean Ave New London, CT.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: - Prime location adjacent to Yale New Haven Lawrence + Memorial Hospital.; - Multi-story building with operational elevator and full wet fire-suppression system.; - Flexible layout allows for easy division or expansion for office, medical, residential, or mixed-use.
