458 Ocean Avenue New London, CT ^$ 260,000

458 Ocean Avenue

^$ 260,000

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458 Ocean Avenue

New London, CT, 06320

^$ 260,000

Bedrooms-- Baths1.1 Sq 899

Monthly Estimate*

^$ 1,622

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Commercial Property for sale in New London, CT

for $260,000 with 1 full bath, 1 half bath. This 899 square foot building was built in 1900 on a lot size of 0.2.

Freestanding 996 SF commercial building with 2 drive throughs previously used as a restaurant/cafe and bank. Would make a great take out or drive though restaurant. Located in close proximity to Yale New Haven Hospital, colleges and Ocean Beach. On a highly visible corner with frontage on both Ocean Avenue and School Street. Parking lot for 6 cars as well as on street. Zoned 'Neighborhood Business' for many retail and commercial uses.

Commercial Active

Price

^$ 260,000

Full Bath

Half Bath

Property Type

Commercial

Taxes

^$ 4,872

Style

Lot Size

0.2

Year Built

1900

Town/City

New London

MLS | Web ID

24113355

Features

General

Zoning NB

Neighborhood N/A

County New London

Tax Year July 2025-June 2026

Location Retail Corridor

Property Type Commercial For Sale

Status Active

Acres 0.2

Directions Bank Street to Ocean Avenue south of L&M Hospital

City New London

Sq Ft Total 899

DOM 78

Year Built 1900

Present Use Retail

Interior

Utilities Available Electric Gas Telephone Cable

Cooling System Ductless

Total Number of Units 1

Flooring Concrete

Total Rooms 0

Exterior

Water Source Public Water Connected

Lot Description Corner Lot Level Lot

* Excluded Features

List By

Rick Loranger

Listing Agent

Coldwell Banker Realty

Broker

rick.loranger@cbmoves.com

Affordability Calculator

$2,028

Per Month

Monthly Principal & Interest: $1,622
Monthly Property Taxes: $406
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in New London, CT

Average List Price ^$1,455,050

Percent of Sale Price 460%

About New London, CT

26,654 Population

4% Since 2002

^$37,286 Median Income

33.25 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/21/2025	$260,000		Listed Price

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458 Ocean Avenue, New London, CT, 06320 is a Commercial Property for sale at $260,000 with 899 sqft and a lot size of 0.2. 458 Ocean Avenue has 1.1 baths and was built in 1900. The property's zip code is 06320 which is in New London, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to a buying decision should be independently verified.

Information on this this page is provided by the Smart Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site other than by consumers looking to purchase real estate is prohibited.

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458 Ocean Avenue

Commercial Property for sale in New London, CT

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