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Victorian Live-Work Building
New
For Sale
$225,000

54 Fremont Street, New London, CT 06320

Two-story property with office, residential, and flexible live-work potential under R-4 zoning.

Property Size1,844 SF
Price / SF$122.02
Days on Market5

Property Features for 54 Fremont Street

General Information

Standard status Active
Size 1,844 SF
Property subtype Commercial
Zoning R-4

Additional Details

Highway Access Yes

Building Details

Year Built 1846
Buildings 1
Stories 2
Construction Victorian
Listing Agency: Seaport Real Estate Services
Listed By: Gino Penasa
Source: Lockandkeyre
Added: Jul 31 Changed: Aug 3 Last Checked: Aug 4 at 5:30AM

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 Seaport Real Estate Services

Investment Insights

Based on property information with market context.

Constructed in 1846, this two-story live-work property combines period character with a flexible interior arrangement. The first level includes an entry foyer, several rooms, a bathroom, and a living room, while the upper floor provides two additional rooms. A full unfinished basement adds storage or future utility, and covered porch and deck areas extend the usable space. The building features a wraparound porch, gable roofline, and clapboard siding.

R-4 zoning, identified as a Multifamily Office High Density District, supports professional office and residential uses, with adaptations subject to applicable permits. The property is located at 54 Fremont Street in New London, Connecticut, minutes from I-95, downtown New London, and the Thames River waterfront. It is designated Zone X, unshaded, and is not located in a mapped flood zone.

Key Highlights

  • 1,844‑square‑foot two‑story live‑work property
  • Built in 1846 with wraparound porch, gable roofline, and clapboard siding
  • Full unfinished basement plus covered porch and deck areas

Property Analytics

Current Use

Richardson Staffing Employment Agency

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Catering Service Tech Support Center Veterinary Clinic Florist

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,425
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

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Two-story property with office, residential, and flexible live-work potential under R-4 zoning.
Where is this live-work space located?
The property is located at 54 Fremont Street New London, CT.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1,844‑square‑foot two‑story live‑work property; Built in 1846 with wraparound porch, gable roofline, and clapboard siding; Full unfinished basement plus covered porch and deck areas
More about this property
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