Restaurants

New London, CT Restaurants for Sale

Notify Me
List
Map
Waterford, CT Groton, CT Ledyard, CT East Lyme, CT Niantic, CT Montville, CT Stonington, CT Mystic, CT
6 properties
Downtown Restaurant Building with Patio
Updated: Feb 23
Downtown Restaurant Building with Patio

200 Bank Street, New London, CT 06320

$475,000
4,728 sqft 0.08 AC lot
Downtown New London commercial building with 4,700+ SF of versatile interior space plus a 586 SF patio
Building is configured as two separate units; currently leased to a single tenant restaurant operating the entire building
Sale includes the building only; the restaurant business is not included
Year built 1939; central air cooling
Public utilities: public water and public sewer
View details
Historic Mixed-Use Waterfront Property
Updated: May 11
Historic Mixed-Use Waterfront Property

109-111 Bank St, New London, CT 06320

$1,400,000
7,023 sqft
Historic waterfront Bulkeley House, built in 1790, located in downtown New London's Bank Street district.
Large existing restaurant layout with private dining/event areas and an expansive outdoor patio and pavilion space (over 4,500 SF).
Located between Tox Brewing Company and Hygienic Art.
Redevelopment potential with prepared permit set drawings for mixed‑use conversion.
Immediate access to a city‑owned parking lot.
View details
Downtown New London Commercial Building
Downtown New London Commercial Building

200 Bank Street, New London, CT 06320

$475,000
4,728 sqft 0.08 AC lot

Prime commercial building with income and development potential.

View details
Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Mixed-Use Building in Downtown
Mixed-Use Building in Downtown

53 Bank St, New London, CT 06320

$1,625,000
10,636 sqft

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

View details
Freestanding Commercial Building with Drive-Throughs
Freestanding Commercial Building with Drive-Throughs

458 Ocean Ave, New London, CT 06320

$250,000
996 sqft

Commercial building with two drive-throughs, suitable for restaurant or retail.

View details
Restaurant Bar with Apartments
Restaurant Bar with Apartments

9 Tilley St, New London, CT 06320

Contact for pricing
4,173 sqft

Turnkey restaurant and bar with a second-floor apartment unit and an outdoor patio.

View details
Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 Active listings in New London, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

13 Fort Hill Road, Groton, CT
13 Fort Hill Road, Groton, CT

13 Fort Hill Rd, Groton, CT 06340

$1,800,000
5,740 sqft 0.56 AC lot

Unique Specialty Building Now Available for Sale

View details
Mixed-Use Restaurant and Residence
Mixed-Use Restaurant and Residence

20-22 Lafayette Street, Norwich, CT 06360

$650,000
3,476 sqft 0.40 AC lot

Turnkey first-floor restaurant paired with an upstairs 3-bedroom apartment plus additional finished attic and basement storage.

View details
Sushi Restaurant and Residence
Sushi Restaurant and Residence

1043 Poquonnock Road, Groton, CT 06340

$1,200,000
2,849 sqft 0.39 AC lot

Front building operates as a sushi restaurant, paired with a separate 5-bedroom, 2-bath residence on one lot.

View details
Norwich Two-Story Commercial Building
Norwich Two-Story Commercial Building

327 Laurel Hill Avenue, Norwich, CT 06360

$350,000
9,272 sqft 0.70 AC lot

9,272 SF two-story building suitable for various commercial uses.

View details

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.

View details
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.

View details
Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

5717 Post Road, Charlestown, RI 02813

$150,000
19,602 sqft 0.45 AC lot

Two C3-zoned lots on Post Rd, Charlestown, RI.

View details
B-2 Zoned Commercial Lot
B-2 Zoned Commercial Lot

64 W Main Street, Clinton, CT 06413

$225,000
0.33 AC lot

B-2 zoned commercial lot with 116 feet of road frontage and approximate daily traffic over 9,000 vehicles.

View details

New London, CT Restaurants Market Trends and Statistics

Explore 6 restaurants for sale in New London, CT, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 28,111 square feet of properties for sale, with an estimated market value of $4,225,000.

Sale prices for restaurant properties in New London, CT start at $250,000, averaging $845,000, and reaching up to $1,625,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 5
Drive through restaurants 3
Bars & Pubs 2

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 $909.5K

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.

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings