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    New London, CT
    Restaurants

    New London, CT Restaurants for Sale

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    Waterford, CT Groton, CT Quaker Hill, CT Ledyard, CT East Lyme, CT Mystic, CT Niantic, CT Uncasville, CT
    7 properties
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    Historic Mixed-Use Property with Patio
    Updated: Jul 24
    Historic Mixed-Use Property with Patio

    109-111 Bank St, New London, CT 06320

    $1,400,000
    15,511 sqft
    Approximately 7,023 SF mixed‑use property built in 1790
    Existing restaurant configuration with private dining and event areas
    Outdoor patio and pavilion space totaling over 4,500 SF
    City‑owned parking lot immediately behind the property
    CBD‑1 zoning in downtown New London’s Bank Street district
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    Waterfront Bar & Pub
    Updated: Jul 17
    Waterfront Bar & Pub

    52 Bank St, New London, CT 06320

    $1,200,000
    1,952 sqft
    3,632 SF interior with seating for 130
    1,321 SF outdoor deck with seating for 50
    Complete building renovation completed in 2022
    Two handicap‑accessible bathrooms plus two additional bathrooms and 1 shower
    New appliances, utilities, and roof installed during renovation
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    Equipped Restaurant with Private Entrance
    Equipped Restaurant with Private Entrance

    341-345 Bank Street, New London, CT 06320

    Contact for pricing
    4,330 sqft

    4,330 SF restaurant with a full kitchen, bar seating, and dining capacity for 180, plus a separate entrance for events.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Freestanding Commercial Building with Drive-Throughs
    Freestanding Commercial Building with Drive-Throughs

    458 Ocean Avenue, New London, CT 06320

    $250,000
    899 sqft 0.20 AC lot

    996 SF commercial building with two drive-throughs on corner lot.

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    Mixed-Use Portfolio with Car Wash
    Mixed-Use Portfolio with Car Wash

    442 Colman St, New London, CT 06320

    Contact for pricing
    9,966 sqft 1.59 AC lot

    Multi-tenant commercial portfolio with automotive, laundry, and café operations across three Colman Street addresses.

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    Outback Steakhouse Restaurant
    Outback Steakhouse Restaurant

    305 N Frontage Rd, New London, CT 06320

    Contact for pricing
    6,320 sqft 1.71 AC lot

    Single-occupant restaurant property offered with an Absolute NNN lease structure in New London, Connecticut.

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    Mixed-Use Building in Downtown
    Mixed-Use Building in Downtown

    53 Bank St, New London, CT 06320

    Contact for pricing
    10,636 sqft

    Mixed-use property with commercial space and apartments in downtown New London.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 7 Active listings in New London, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant Building with Outdoor Patio
    Restaurant Building with Outdoor Patio

    11 E Pattagansett Rd, Niantic, CT 06333

    $1,525,000
    2,200 sqft 0.27 AC lot

    Turnkey restaurant and bar property with a commercial kitchen, finished dining room, patio, and on-site parking.

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    Restaurant with Patio Dining
    Restaurant with Patio Dining

    33 Kings Hwy, Groton, CT 06340

    Contact for pricing
    2,900 sqft

    Updated facility includes multiple dining areas, a bar, and established outdoor seating options.

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    Quick Service Restaurant with Double Drive-Thru
    Quick Service Restaurant with Double Drive-Thru

    43 Pennsylvania Ave, Niantic, CT 06357

    Contact for pricing
    3,000 sqft

    For sale restaurant property featuring a double drive-thru and abundant on-site parking.

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    Conventional Restaurant Building
    Conventional Restaurant Building

    587 Long Hill Rd, Groton, CT 06340

    Contact for pricing

    Restaurant property for sale at 587 Long Hill Rd in Groton, Connecticut.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Shopping Center
    Commercial Land Near Shopping Center

    61-65 Town St, Norwich, CT 06360

    $795,000
    0.71 AC lot

    Three lots totaling 0.71 acres in a commercial zone.

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    Prime Land in Dunn's Corners
    Prime Land in Dunn's Corners

    261 Post Road, Westerly, RI 02891

    $849,000
    0.92 AC lot

    0.92 acres with 200+ feet of frontage on Route 1.

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    Waterfront Development Land
    Waterfront Development Land

    505 Old Whitfield Street, Guilford, CT 06437

    Contact for pricing
    6,358 sqft 1.90 AC lot

    C-2-zoned shoreline property with public water near marinas and boat launch facilities.

    View details

    New London, CT Restaurants Market Trends and Statistics

    Explore 7 restaurants for sale in New London, CT, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 49,614 square feet of properties for sale, with an estimated market value of $2,850,000.

    Sale prices for restaurant properties in New London, CT start at $250,000, averaging $950,000, and reaching up to $1,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 10
    Bars & Pubs 5
    Drive through restaurants 2
    Coffee shops 1
    Commercial kitchens 1

    Demographics Overview

    Population 27K
    Population Growth (5Y) +0.7%
    Median Household Income $60,224
    College Educated 41.7%

    High-Yield Neighborhoods for Investment

    Identify New London submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    06320 $895K

    Taxes & Financing

    Tax Rate (average for all types) 3.72%
    Property Tax per SF $25.71 per SF
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in New London fall within the Under 2,500 square foot range.

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