8-Unit Mixed-Use
For Sale
Contact for pricing
78 Broad St, New London, CT 06320
Three apartments have been fully renovated, alongside four retail suites.
Property SizeContact for details
Days on Market130
Property Features for 78 Broad St
General Information
Standard status
Active
Property subtype
Multifamily, Retail
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
3 x 3BR, 1 x 2BR
Multifamily Units
4
Building Details
Tenancy
Multi
Listing Agency:
NorthEast Private Client Group Shelton
(203) 727-3212
Listed By:
Rich Edwards · License #RES.0802816
Source:
Crexi
Added: Apr 24
Changed: Aug 31
Last Checked: Aug 31 at 1:05AM
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 NorthEast Private Client Group Shelton
Investment Insights
Based on property information with market context.
Located at 78 Broad Street in New London, this 8-unit mixed-use property combines three three-bedroom apartments, one two-bedroom apartment, and four retail suites. Three residential units have undergone full interior renovations, while commercial spaces have received customized improvements for tenant requirements. A former wine store also received a new subfloor during its commercial lease-up.
Major building upgrades include a new roof, new boilers, new hot water heaters, conversion of the heating and hot water systems to gas, and a complete plumbing-system upgrade. The property provides access to Interstates 95 and 395, New London Union Train Station, and the New London Ferry Terminal. Shopping, dining, nightlife, community parks, Connecticut College, the United States Coast Guard Academy, and Lawrence Memorial Hospital are also accessible from the property.
Major building upgrades include a new roof, new boilers, new hot water heaters, conversion of the heating and hot water systems to gas, and a complete plumbing-system upgrade. The property provides access to Interstates 95 and 395, New London Union Train Station, and the New London Ferry Terminal. Shopping, dining, nightlife, community parks, Connecticut College, the United States Coast Guard Academy, and Lawrence Memorial Hospital are also accessible from the property.
Key Highlights
- 8‑unit mixed‑use property with 3 three‑bedroom apartments, 1 two‑bedroom apartment, and 4 retail suites
- Three residential apartments fully renovated from top to bottom
- New roof, boilers, and hot water heaters
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,598
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 Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three apartments have been fully renovated, alongside four retail suites.
Where is this mixed-use property located?
The property is located at 78 Broad St New London, CT.
What are key features of this property?
This property features: 8‑unit mixed‑use property with 3 three‑bedroom apartments, 1 two‑bedroom apartment, and 4 retail suites; Three residential apartments fully renovated from top to bottom; New roof, boilers, and hot water heaters
