The median home value in New London, CT is $205,000.
This is
lower than
the county median home value of $270,000.
The national median home value is $308,980.
The average price of homes sold in New London, CT is $205,000.
Approximately 34% of New London homes are owned,
compared to 54% rented, while
12% are vacant.
New London real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact New London real estate agent to arrange a tour today!
Learn more about New London.
One Story Retail/Office Building in the heart of New London's Business District. Ample parking and easy access. Retail, office...
"Unlock the potential of 405 Williams Street - a treasure in New London, CT, offering a unique blend of residential comfort and commercial opportunity! This versatile property seamlessly integrates residential with commercial space, opening up the possibilities for entrepreneurs and investors alike. Nestled in Hodges Square Park, explore the opportunities of 405 Williams Street - where residential comfort meets commercial potential.
This 1873 Victorian Guesthouse known as "The Port New London" includes 9 guest rooms and one furnished apartment. There are two shared bathrooms and one half bathroom for guests. The apartment has its own private bathroom and kitchen. Rooms are rented for a 30 day minimum stay. All guests have use of a fully equipped spacious kitchen, dining room, parlor and sitting room. The back yard has a picnic table and gas grill for guest's to use. Room rates vary during the season from $800 to $2,000 per month. Gross annual income is approximately $120,000, NOI is $74,000 (8 CAP). Booking is done through Airbnb.New London and does not require a license. Located in walking distance to New London waterfront, galleries, parks, restaurants, ferry and train station. All furniture to convey. Please also see MLS #170622291.
Welcome to your opportunity to kickstart your entrepreneurial dreams in this thoughtfully updated building. Nestled in an ideal location, this commercial property presents a myriad of possibilities for your business venture. Whether you're an established professional or just starting out, this property offers the perfect foundation for success. This property is designed to be budget-friendly, with low taxes, minimal insurance costs, and inexpensive utilities, allowing you to invest in your business without breaking the bank. Currently being used as a Nailbar and Beauty Salon. Situated in a thriving area with a mix of businesses and educational institutions, ensuring a steady flow of potential customers and clients. Don't miss out on this fantastic opportunity to establish your business in a prime location with all the essential amenities already in place. It's time to turn your dreams into reality!
Introducing a remarkable opportunity to own a commercial property that combines the convenience of a thriving liquor store with the comfort of a spacious apartment in the back. Whether you're an established business owner looking to expand or an investor seeking a lucrative income stream, this property offers the perfect blend of commercial success and residential convenience. The front of the property is home to a well-established and prosperous liquor store. It's not currently in operation but provided a steady and reliable source of income. The liquor store boasts a loyal customer base and an excellent reputation within the community. Behind the liquor store, you'll find a charming apartment, which offers the perfect balance between work and living. This apartment provides comfortable accommodations, making it ideal for an owner-operator or an additional source of rental income. The apartment is down to the studs but ready for an investor to fix it up and make it yours. Newer roof installed over the apartment. Situated in a high-traffic area with excellent visibility, your liquor store will continue to draw in patrons from the surrounding community. Convenient access ensures a steady flow of customers, and the apartment offers an attractive residential option for tenants. This sale includes the liquor permit!
Four story, 11,656 SF commercial building in the heart of downtown gutted and ready for buildout. City approvals for 9 apartments and 2 commercial spaces. 2,919 SF basement. 2021 appraisal available as well as architectural renderings. Great visibility and development opportunity in close proximity to the Amtrak station and future USCG Museum.
Two story multi-use building in downtown New London. Priced to sell! First floor and second floor are 5,092 SF each; 10,184 SF total. Fully leased first floor. One tenant paying $1,000/month. Second tenant paying $1,150/month. Second floor tenant; a gym, pays $1,350/month. Drive-thru door in back of building for second floor if needed. Access also from stairs in front of building. Owner financing available.
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.
NEW PRICE STEEL FRAME BUILDING ALLOWING FLEXABLE DESIGN.2 SEPARATE PARCELS at 464 OCEAN AVE AND ADJOINING 104 SCHOOL St . 464 OCEAN CONSISTS OF MEDITERRANEAN GROCERY ON 1ST FLOOR. 2ND AND 3RD FLOORS ARE SET UP FOR OFFICE SPACE WITH CARPETS AND WIDE HALLS. Parking approx 28 spaces. ORIGINAL HOME OF OCEAN MEDICAL AND 2 BLOCKS SOUTH OF LAWRENCE AND MEMORIAL HOSPITAL.. PRIME LOCATION.
