Mixed-Use Building with
For Sale
Contact for pricing
78 State St, New London, CT 06320
Brick downtown property combines ground-floor retail with three residential levels and requires complete interior reconstruction.
Property Size38,000 SF
Days on Market143
Property Features for 78 State St
General Information
Standard status
Active
Size
38,000 SF
Property subtype
Mixed Use, Multifamily, Office
Property Condition
Severity
Major Repairs Needed
Evidence
complete interior reconstruction is necessary
Additional Details
Sprinkler System
Yes
Building Details
Buildings
1
Stories
4
Construction
brick
Listing Agency:
Londregan Commercial Real Estate Group
Listed By:
William Bill Kane · License #CT RES.0770182
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 5:33AM
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 Londregan Commercial Real Estate Group
Investment Insights
Based on property information with market context.
The 38,000-square-foot property is a brick mixed-use building with retail space on the first floor and three upper floors planned for residential apartments. The structure requires complete interior reconstruction, while the building includes a flat tar-and-gravel roof and wet sprinklers throughout.
Located at 78 State Street in downtown New London, the property has a municipal parking lot directly behind the building. Its existing commercial and residential configuration provides a clear framework for redevelopment, subject to applicable approvals and construction requirements.
Located at 78 State Street in downtown New London, the property has a municipal parking lot directly behind the building. Its existing commercial and residential configuration provides a clear framework for redevelopment, subject to applicable approvals and construction requirements.
Key Highlights
- 38,000 SF brick mixed‑use building
- First floor configured for retail use
- Three upper floors designated for residential apartments
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,727
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 - Brick downtown property combines ground-floor retail with three residential levels and requires complete interior reconstruction.
Where is this mixed-use property located?
The property is located at 78 State St New London, CT.
What are key features of this property?
This property features: 38,000 SF brick mixed‑use building; First floor configured for retail use; Three upper floors designated for residential apartments
