Retail

New London, CT Retail Space for Sale

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Downtown Commercial Building Ready Buildout
Updated: Jul 12, 2023
Downtown Commercial Building Ready Buildout

27 Bank Street, New London, CT 06320

$750,000
11,676 sqft 0.08 AC lot
Approved for 9 apartments and 2 commercial spaces
Prime downtown location with high visibility
Large 11,656 SF building ready for buildout
Includes a 2,919 SF basement
Close proximity to Amtrak station and future USCG Museum
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Downtown Commercial Building Ready for Buildout
Updated: Jul 18, 2023
Downtown Commercial Building Ready for Buildout

27 Bank St, New London, CT 06320

$750,000
11,656 sqft
City approvals for 9 apartments and 2 commercial spaces.
11,656 SF commercial building in the heart of downtown ready for buildout.
Great visibility and development opportunity.
Close proximity to the Amtrak station and future USCG Museum.
2,919 SF basement.
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 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, plus 1 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.

Downtown Mystic Commercial Building
Downtown Mystic Commercial Building

48-50 West Main Street, Groton, CT 06355

$2,259,000
4,909 sqft 0.11 AC lot

Prime commercial property in the heart of Downtown Mystic.

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Mixed-Use Corner Retail Office Buildings
Mixed-Use Corner Retail Office Buildings

48 Fort Hill Road, Groton, CT 06340

$360,000
4,282 sqft 0.63 AC lot

Two-building retail/office property on a corner lot with driveways from Route 1 and North Road.

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Mixed-Use Building with Private Courtyard
Mixed-Use Building with Private Courtyard

145 Water Street, Stonington, CT 06378

$1,995,000
7,389 sqft

A 7,000+ sq ft mixed-use building with flexible ground-floor commercial space and two loft-style residential apartments.

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Mixed-Use Historic Building
Mixed-Use Historic Building

117 Water Street, Stonington, CT 06378

$4,250,000
12,145 sqft 0.12 AC lot

11-unit mixed-use building with renovated residential suites and four commercial spaces featuring off-the-sidewalk entry and glass storefronts.

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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.

PUD-Zoned Commercial Land with Frontage
PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000
2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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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.

369 Bank St
Individual retail properties

369 Bank St, New London, CT 06320

Value Estimation by Request
10,184 sqft
View details

New London, CT Retail Space Market Trends and Statistics

Explore 3 retail space for sale in New London, CT on our real estate platform. These investment opportunities span a total of 23,332 square feet of properties for sale, with an estimated market value of $1,500,000.

Sale prices for retail space in New London, CT average $750,000 — 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 17
Banks 3
Shopping centers 3
Showrooms 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 $1.6M

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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