A rare opportunity to acquire a legendary New London institution: Studio 33 Art & Frame Gallery. This is a business-only sale. This provides a unique window for an entrepreneur to step into a turn-key, 45-year legacy and either negotiate a lease with the future building owner or relocate this thriving business to a new storefront. The sale includes everything needed for immediate operation: a complete suite of professional, archival-grade framing equipment (including Fletcher-Terry tools, saws, and assembly tables) and high-end gallery fixtures. Most importantly, the purchase includes the Studio 33 brand, an invaluable and extensive loyal client database, and a strong digital presence. Located in the heart of the New London Cultural District and on the Waterfront Heritage Trail, the business is perfectly positioned just steps away from the Amtrak/Shoreline East Train Station and the cross-sound ferries, ensuring easy access for regional clients and heavy foot traffic. This business is a perfect fit for an individual handy with woodwork or a creative professional looking for a fulfilling, high-craft second career. Known for excellence that spans decades, Studio 33 offers an ideal foundation for someone who enjoys precision work and community engagement. Don't let 45 years of goodwill disappear!
Longstanding bar/restaurant with one of the largest waterfront decks in CT. 3,632 SF. Inside restaurant seating for 130. 1,321 SF outdoor deck with seating for 50. Business only for sale for $300,000; both property and business for sale for $1,200,000. Buildings were completely renovated in 2022. All new appliances, utilities and roof. 2 Handicap accessible bathrooms. Additional 2 bathrooms including 1 shower. Natural gas and propane heat. Split Unit A/C. In close proximity to train station and ferries. Beautiful water views. Located in City of New London's Enterprise Zone and Federal Opportunity Zone.
Available for sale is a professional office building. The property is situated next to New London Mall which is home for Marshalls, Home Goods, Verizon, Pet Smart, and other well-recognized retail brands. Convenient access to I-95 interstate highway, minutes away from major employees: General Dynamics ( EB ), Pfizer, Foxwood Casino. The property offers ample parking and an elevator. Most of the units in the building come with a private kitchenette and bathroom. offers ADA accessibility, abundant natural light, and clear span construction for easy floor plan modifications. Heating & cooling are controlled by the tenant. Added expansion available for high-volume tenants.
Discover this exceptional commercial property offering unmatched potential in one of New London's most strategic and high-demand corridors! Perfectly positioned adjacent to Yale New Haven Lawrence + Memorial Hospital and minutes from Mitchell College, Ocean Beach Park, and Downtown New London, this building captures the best of both worlds-a suburban setting with immediate access to city amenities. Major employers such as Electric Boat, Pfizer, and the U.S. Coast Guard drive steady activity and long-term stability in the area. Built with strength, flexibility, and adaptability in mind, this multi-story structure features an operational elevator servicing all floors from the basement through the third level and a full wet fire-suppression system throughout. The layout allows easy division or expansion of units, giving freedom to tailor spaces for office, medical, residential, or mixed-use conversions. An adjacent 28-space parking lot directly behind the building is included in the sale, offering exceptional convenience and added value. Currently 60% occupied and 40% vacant, it provides both income and upside potential. Owner-occupied and meticulously maintained for two decades, 464 Ocean Avenue is a rare, high-opportunity asset ideal for investors or owner-operators looking to scale in New London's growing corridor.
It is exciting to bring this 9,870 sq. ft., Class B, Professional Office Building to the market. This two-story wood frame building is a fantastic opportunity for business owners or investors. Located on a corner lot, there is easy access from I-95. Situated on two heavily traveled municipal streets, it features 2 driveway cuts and plenty of parking. The paved lot includes 31 marked, off-street parking spaces. Inside, the building has 6 spacious office suites, 3 on each floor. Every suite has its own private half-bathroom, making it convenient for tenants and employees. With separate front and rear entrances, you will find carpeted staircases leading to each floor, ensuring a comfortable and professional atmosphere. Each suite operates independently with its own electric meter, giving tenants control over their utilities. The property also includes a seventh electric meter for house utilities. Additionally, there are 6 natural gas meters and 6 air conditioning compressors, ensuring every space is individually climate controlled. Every suite also comes with its own natural gas-fired furnace and hot water heater, providing efficient heating and hot water. This property also listed for LEASE (MLS#24136493) Whether you're looking for a property to occupy yourself, with additional income producing tenants or simply seeking an investment opportunity, this building is must-see. Schedule your private tour today before it's GONE!
New lower price! Versatile office/warehouse space offering endless possibilities. Perfect for a real estate office, contractor, landscaper, home builder, or any business needing additional equipment or storage space. The property features two garage doors for easy loading and unloading, a kitchen and full bath, and updated finishes throughout. A security system with cameras is in place (activation required). Conveniently located with quick access to I-95 and ample on-site parking. Office partitions, warehouse shelving, and forklift are negotiable, making this a turnkey solution for your business needs. *Lease option available-seller open to strong rental proposals*
PRIME WATERFRONT DEVELOPMENT OPPORTUNITY - 130 Bank Street, New London Positioned in the heart of historic downtown New London, this landmark building offers unmatched potential for transformation. Gutted and ready for redevelopment, it's perfectly suited for a vibrant mixed-use project, retail or restaurant space on the first floor and lower level, with apartments above. Zoned CBD-1 and located within an Opportunity Zone, this property comes with valuable tax incentives for investors. The location is unbeatable - across from popular destinations like Tox Brewing Company, Waffle Company, Muddy Waters Cafe, and a variety of shops and restaurants that fuel the area's thriving energy. The property includes 9 dedicated parking spots, a side lot ideal for expansion, and waterside views that add to its appeal. Retail possibilities are endless - wine bar, coffee shop, national tenant (Starbucks, Subway, Chipotle etc), or boutique concept - while upper floors offer lucrative residential potential. This is a rare chance to restore and expand a historic treasure and create a premier destination the community will embrace!
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.
26,727 SF commercial building on 2.13 acres in close proximity to Yale New Haven Hospital, Ocean Beach and downtown New London. Previously used as a drug rehab facility, there are 40 individual rooms with bathrooms and mini-split HVAC units, 2 large conference rooms, a full kitchen and numerous storage units. Multiple bathrooms and showers in the hall. 4,241 SF finished basement includes bathrooms and meeting rooms, shop space and a laundry room. New roof in 2021 as well as new LED lighting, window treatments and flooring. A 350 KW Deisel Generator on site. Zoned R-3, this property would make an excellent conversion to residential apartments. Previous use was a drug treatment facility. Handicap accessible with parking for 30 cars and potential to add more on acreage. Situated on a cul-de-sac in a beautiful park like setting.
This large commercial space provides an opportunity for potential ideas such as: dance studio, fitness location, community center, church, offices, training & development, educational programs, etc. The building is located west of New London's main business district, on the north side of Blinman Street between Truman and Bank Streets. It is a two-story masonry building, built out of red brick mostly laid in Flemish bond. Its entry has double doors separated by an engaged column, set in round-arch openings. A large circular window stands above the doors, within a large brick archway that encompasses it and the doors. Four small windows flank this arch, two on each side. The facade is crowned by a stepped segmental arch with short flanking posts. The interior has a vestibule area, with stairs leading up to a former gallery (now offices), with the main sanctuary including what appears to be an original chandelier.
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.
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 London is located in Connecticut. New London, Connecticut has a population of 27,585. New London is less family-centric than the surrounding county with 24.13% of the households containing married families with children. The county average for households married with children is 27.48%.
The median household income in New London, Connecticut is $50,819. The median household income for the surrounding county is $79,040 compared to the national median of $69,021. The median age of people living in New London is 32.8 years.
The average high temperature in July is 80.7 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 50.1 inches per year, with 25.7 inches of snow per year.
