You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

281 State St New London, CT 06320

2,459 SF
Property ID
Property summary
AI-generated overview

This exceptional commercial property at 281 State Street in New London, Connecticut, offers a unique opportunity for businesses seeking versatile office or retail space. The building, totaling 2,459 square feet, is situated on a 0.54-acre lot and features multiple tenancy options. Three spaces are currently available, ranging from 800 square feet to the entire 2,459 square feet, providing flexibility for various business needs. The minimum divisible space is 2,200 square feet, with a maximum contiguous space of 2,459 square feet. The property's classification includes Traditional Office, Commercial, and Creative Office uses, catering to a wide range of potential tenants. Its prime location offers excellent visibility and foot traffic, boasting proximity to the Garde Arts Center, restaurants, the library, and the courthouse. The lease rate is $14.00 per square foot gross. This property presents a compelling investment opportunity in a vibrant and convenient location within New London, CT, zip code 06320. The building's versatile layout and desirable location make it an ideal choice for businesses seeking a high-profile presence in a thriving community. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,459 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bath Planet- New London Bathroom Remodeling, Bathtub & Shower Installation Renovation Specialist General Contractor
  • Mohican Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 281 State St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message