153 State Street New London, CT ^$ 5,900,000

153 State Street

^$ 5,900,000

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153 State Street

New London, CT, 06320

^$ 5,900,000

Bedrooms-- Baths-- Sq 81,312

Monthly Estimate*

^$ 36,808

Commercial Property for sale in New London, CT

for $5,900,000. This 81,312 square foot building was built in 1885 on a lot size of 0.42.

OPPORTUNITY ZONE! 5 Story brick office building consisting of 81,312 SF. Originally department store in downtown New London. It now consists of retail space on the first floor and numerous offices on the upper floors. It would be an ideal apartment building and the owner has already completed some apartments. The first floor has a magnificent atrium with entrances from State Street and Masonic Street.

Commercial Active

Price

^$ 5,900,000

Property Type

Commercial

Taxes

^$ 39,438

Style

Lot Size

0.42

Year Built

1885

Town/City

New London

MLS | Web ID

170364551

Features

General

Zoning CBD1 + Opportunity Zone

Neighborhood N/A

County New London

Tax Year July 2025-June 2026

Location Downtown

Property Type Commercial For Sale

Status Active

Acres 0.42

Directions Downtown New London to 153 State Street.

City New London

Sq Ft Total 81312

DOM 1787

Year Built 1885

Interior

Utilities Available Electric Available Gas Available Phone Available

Cooling System Central Air

Total Number of Units 29

Exterior

Water Source Public Water Connected

Lot Description Level Lot

* Excluded Features

List By

Constance Howard

Listing Agent

Us Properties

Broker

chowardusp@gmail.com

Affordability Calculator

$40,095

Per Month

Monthly Principal & Interest: $36,808
Monthly Property Taxes: $3,287
Monthly Home Insurance: --

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Yearly Home Insurance

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 75%

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
12/1/2025	$5,900,000	-9.23%	Price Down
6/25/2025	$6,500,000		Listed Price

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153 State Street, New London, CT, 06320 is a Commercial Property for sale at $5,900,000 with 81,312 sqft and a lot size of 0.42. 153 State Street was built in 1885. 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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153 State Street

Commercial Property for sale in New London, CT

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