Listing courtesy of John Valdez (860) 970-9373, Valdez Realty (860) 970-9373
464 Ocean Avenue, New London, (Green's Harbor Beach), CT, 06320
0 beds
4 Full / 2 Half baths
1957
14,388 sqft
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.
Status:
Active
Town:
New London
Type:
Commercial
Units:
11
Zoning:
NB
Frontage:
Municipal Street
Garage:
Driveway, Paved, Parking Lot
Heating:
Hot Air
Cooling:
Central Air
Parking:
28-car
Acreage:
0.19
Est. Taxes:
$15,792
Assessment
$580,600
Current Use
Grocery Store/Deli and Office
Permitted Use
Retail, Restaurant, Salon, AirBnb, Residential Rentals
Utilities
Electric,Gas,Fire Suppression System
Lot Description:
Corner Lot,Level Lot
Days on Market:
192
MLS #:
24137859
Community Info
School Info
Walk Score
Mass Transit
Yelp
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