464 Ocean Avenue New London, CT $ 1,100,000
464 Ocean Avenue
$ 1,100,000
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464 Ocean Avenue

New London, CT, 06320
$ 1,100,000
Bedrooms-- Baths-- Sq 10,500

Monthly Estimate*

$ 6,946

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Commercial Property for sale in New London, CT

for $1,100,000. This 10,500 square foot building was built in 1957 on a lot size of 0.19.

Rare opportunity to acquire a 14,388/SF highly adaptable commercial property in one of New London's strongest professional corridors. Three stories with the possibility of adding a fourth floor (subject to approval). Approximately 3500 SF per floor. Elevator services all floors including the full basement. Occupied with multiple tenants having short term leases for new owner's future plans. Parking lot behind building for 28 cars. There is also on street parking available in front of the building. First floor currently houses an International food market. Second and third floors have private offices. Price includes vacant lot located behind building, 104 School Street. Building is owned by a corporation. Buyer can buy the corporation if desired.

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Commercial Active

Price

$ 1,100,000

Property Type

Commercial

Taxes

$ 15,734

Style

Lot Size

0.19

Year Built

1957

Town/City

New London

MLS | Web ID

24197113

Features
General
Zoning NB
Neighborhood N/A
County New London
Tax Year July 2026-June 2027
Location Other
Property Type Commercial For Sale
Status Active
Acres 0.19
Directions Bank Street to Ocean Avenue
City New London
Sq Ft Total 10500
DOM 0
Year Built 1957
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Interior
Utilities Available Electric
Cooling System Central Air
Total Number of Units 11
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Exterior
Water Source Public Water Connected
Lot Description Corner Lot Level Lot
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* Excluded Features
List By
Susan Howard Cihocki

Listing Agent

U.S. Properties Real Estate Services, Llc

Broker

showard@uspropre.com

Email

Affordability Calculator

$8,257
Per Month
84%
16%
0%
Monthly Principal & Interest
$6,946
Monthly Property Taxes
$1,311
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/5/2026$1,100,000 Listed Price

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464 Ocean Avenue, New London, CT, 06320 is a Commercial Property for sale at $1,100,000 with 10,500 sqft and a lot size of 0.19. 464 Ocean Avenue was built in 1957. The property's zip code is 06320 which is in New London, CT