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    New London, CT
    Retail

    New London, CT Retail Space for Sale

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    Mixed-Use Building with Passenger Elevator
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in New London, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    First-Floor Retail Space
    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.

    View details
    Proposed Grocery Store
    Proposed Grocery Store

    425 W Main St, Norwich, CT 06360

    Contact for pricing
    34,736 sqft

    Planned food retail concept with substantial parking and street frontage.

    View details
    4-Unit Retail Strip
    4-Unit Retail Strip

    112 North Street, Groton, CT 06340

    Contact for pricing
    600 sqft

    Compact commercial space within a multi-business retail property in Groton, Connecticut.

    View details
    Mixed-Use Property with Retail Space
    Mixed-Use Property with Retail Space

    93 Franklin Street, Norwich, CT 06360

    $175,000
    0.09 AC lot

    Commercial frontage pairs an open shop area with an upstairs townhouse-style residence and flexible additional living space.

    View details

    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.

    369 Bank St
    Individual retail properties

    369 Bank St, New London, CT 06320

    Estimated value:
    by Request
    10,184 sqft
    View details

    New London, CT Retail Space Market Trends and Statistics

    Explore 2 retail space for sale in New London, CT on our real estate platform. These investment opportunities span a total of 20,948 square feet of properties for sale, with an estimated market value of $2,175,000.

    Sale prices for retail space in New London, CT average $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

    Storefront properties 12
    Shopping centers 7
    Banks 2
    Grocery and convenience stores 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 $2.2M

    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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