New London, CT Retail Properties & Spaces for Sale

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Updated: Aug 5

Three-Story Mixed-Use Building

464 Ocean Avenue, New London, CT 06320

$1,100,000

10,500 sqft

14,388 SF mixed‑use building constructed in 1957
Three stories plus a full basement, with elevator service to every level
First floor occupied by an international food market; upper floors contain private offices
Potential fourth‑floor addition, subject to approval
Rear parking lot provides 28 spaces, with additional on‑street parking

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Updated: Jul 26

Mixed-Use Building with Passenger Elevator

12 Masonic St, New London, CT 06320

$2,175,000

20,948 sqft

+/-20,948 SF mixed‑use building with first‑floor retail/office, upper office suites, and four recently converted apartments
Passenger elevator and recently completed mechanical and cosmetic upgrades
Recently converted apartments with plans for additional units
Upper‑level views of the Thames River and surrounding downtown area
Steps from Amtrak and NY/RI ferries; close to library, post office, and dining/entertainment

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Mixed-Use Waterfront Building

90-94 Bank Street, New London, CT 06320

$1,888,000

12,311 sqft

Three-story mixed-use property offers apartments plus retail storefronts and an industrial/flex unit in a waterfront district.

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Mixed-Use Building with Retail and Apartments

153 Bank St, New London, CT 06320

$1,725,000

17,378 sqft

A 3-story mixed-use building combining ground-floor retail units with apartments above in downtown New London.

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Storefront Retail and Wellness Space

180 State Street, New London, CT 06320

Contact for pricing

1,447 sqft

Storefront space with high ceilings, exposed brick, central air, and a restroom with salon-ready plumbing fixtures.

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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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Renovated Mixed-Use Property

90 Bank Street, New London, CT 06320

Contact for pricing

12,311 sqft

Eight apartments are combined with two retail storefronts and an industrial/flex space in a waterfront setting.

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Retail Storefront and Office Units

224 STATE ST, New London, CT 06320

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8,572 sqft

For-sale commercial building offering retail storefront space alongside office units, totaling 8,572 square feet.

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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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Parking Lot Property

104 School Street, New London, CT 06320

$1,100,000

Parking lot offered in connection with the purchase of the associated building.

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8-Unit Mixed-Use Property

78 Broad St, New London, CT 06320

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Three apartments have been fully renovated, alongside four retail suites.

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Retail Space with Existing Equipment

29 Westwood Ave., New London, CT 06320

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Existing equipment remains in place and may be retained or removed by the owner.

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Renovated Mixed-Use Property

350 Colman St, New London, CT 06320

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Two-family residential space accompanies a rear-lot commercial building with additional unfinished second-story area.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 13 Active listings in New London, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads, 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.

Waterfront Commercial Land with Service Bay

53 Thames St, Groton, CT 06340

$1,500,000

1,595 sqft

Direct Thames River frontage with a single-story service bay, dockage, and on-site parking in GC zoning.

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First-Floor Retail Space

546 Thames Street, Groton, CT 06340

Contact for pricing

750 sqft

Ground-level commercial space positioned near Electric Boat and I-95.

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Niantic Commercial Building For Sale

43 Pennsylvania Avenue, East Lyme, CT 06357

Contact for pricing

3,065 sqft 0.79 AC lot

Versatile commercial asset in downtown Niantic, walkable corridor.

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Two-Level Storefront Property

25 Chesterfield Road, East Lyme, CT 06333

$419,000

1,785 sqft

Versatile commercial space with separate lower-level access, accessible entry, and multiple permitted use categories.

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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.

Industrial Land with Extensive Frontage

267 Waterford Parkway N, Waterford, CT 06385

$1,250,000

68.00 AC lot

I-G-zoned land with public water and sewer available for industrial and commercial uses.

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Norwich Land Parcel For Sale

687 North Main Street, Norwich, CT 06360

$99,100

3.00 AC lot

3-acre commercial land parcel in Norwich, GC zoning.

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Commercial Land with Development Plans

Middlesex Turnpike, Old Saybrook, CT 06475

$495,000

32.66 AC lot

B4-zoned acreage near I-95 with public water and preliminary plans for multiple-building layouts.

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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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Off-Market Properties in New London, CT

Consider similar Off-Market properties in New London, CT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

SHOW ROOM, WAREHOUSE

130 Bank St, New London, CT 06320-6002

$130,000

Estimated value

1,064 sqft 0.11 AC lot

View details

SHOW ROOM, WAREHOUSE

179 Colman St, New London, CT 06320-3534

Value Estimation by Request

10,856 sqft 1.75 AC lot

View details

SHOW ROOM, WAREHOUSE

139 Shaw St, New London, CT 06320-4960

$575,000

Estimated value

9,120 sqft 0.48 AC lot

View details

SHOW ROOM, WAREHOUSE

455 Williams St, New London, CT 06320-5829

$220,000

Estimated value

944 sqft 0.11 AC lot

View details

SHOW ROOM, WAREHOUSE

190 Broad St, New London, CT 06320-5367

$930,000

Estimated value

5,613 sqft 0.36 AC lot

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SHOW ROOM, WAREHOUSE

341 Montauk Ave, New London, CT 06320-4724

$430,000

Estimated value

2,784 sqft 0.16 AC lot

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SHOW ROOM, WAREHOUSE

212 Montauk Ave, New London, CT 06320-4826

$235,000

Estimated value

4,300 sqft 0.11 AC lot

View details

SHOW ROOM, WAREHOUSE

7 Governor Winthrop Blvd, New London, CT 06320-6428

$510,000

Estimated value

8,182 sqft 0.51 AC lot

View details

SHOW ROOM, WAREHOUSE

447 Montauk Ave, New London, CT 06320-4605

$375,000

Estimated value

2,541 sqft 0.26 AC lot

View details

SHOW ROOM, WAREHOUSE

204 Bank St, New London, CT 06320-6054

$390,000

Estimated value

3,945 sqft 0.08 AC lot

View details

SHOW ROOM, WAREHOUSE

25 Westwood Ave, New London, CT 06320-2726

$255,000

Estimated value

9,040 sqft 0.71 AC lot

View details

New London, CT Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in New London, CT, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 94,332 square feet of properties for sale, with an estimated market value of $8,238,000.

Sale prices for stores in New London, CT start at $250,000, averaging $1,373,000, and reaching up to $2,175,000 — 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

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	$1.2M

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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New London, CT Retail Properties & Spaces for Sale

464 Ocean Avenue, New London, CT 06320

12 Masonic St, New London, CT 06320

90-94 Bank Street, New London, CT 06320

153 Bank St, New London, CT 06320

180 State Street, New London, CT 06320

458 Ocean Avenue, New London, CT 06320

90 Bank Street, New London, CT 06320

224 STATE ST, New London, CT 06320

442 Colman St, New London, CT 06320

104 School Street, New London, CT 06320

78 Broad St, New London, CT 06320

29 Westwood Ave., New London, CT 06320

350 Colman St, New London, CT 06320

Opportunities in Nearby Cities

53 Thames St, Groton, CT 06340

546 Thames Street, Groton, CT 06340

43 Pennsylvania Avenue, East Lyme, CT 06357

25 Chesterfield Road, East Lyme, CT 06333

Potential Development Sites for Consideration

267 Waterford Parkway N, Waterford, CT 06385

687 North Main Street, Norwich, CT 06360

Middlesex Turnpike, Old Saybrook, CT 06475

261 Post Road, Westerly, RI 02891

Off-Market Properties in New London, CT

130 Bank St, New London, CT 06320-6002

179 Colman St, New London, CT 06320-3534

139 Shaw St, New London, CT 06320-4960

455 Williams St, New London, CT 06320-5829

190 Broad St, New London, CT 06320-5367

341 Montauk Ave, New London, CT 06320-4724

212 Montauk Ave, New London, CT 06320-4826

7 Governor Winthrop Blvd, New London, CT 06320-6428

447 Montauk Ave, New London, CT 06320-4605

204 Bank St, New London, CT 06320-6054

25 Westwood Ave, New London, CT 06320-2726

New London, CT Retail Properties & Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Property Size Breakdown

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