35
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$1,500,000
Est. payment /mo
8,572 SqFt
New
224-230 State Street New London, CT 06320
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,572 sqft
Price per Sqft $174
MLS Listing ID 24207695
Year Built 1930
Annual Tax Amount $10,362
Lot Size 7,840 Sqft
Property Description
Convenience Store, Deli & Mixed-Use Investment Opportunity Prime Downtown Location | Recently Renovated | Additional Residential/Commercial Upside. Exceptional mixed-use investment opportunity featuring an approximately 3,000-square-foot, fully renovated Convenience Store and Deli, strategically positioned to serve the surrounding downtown community. The property underwent a substantial renovation in 2025, including new appliances and a Cold Brew Bar. The space is clean, bright, well-maintained, and easily accessible. The property is also positioned to benefit from significant nearby residential growth, with approximately 40 new apartments currently under construction on the abutting parcel, creating an expanding customer base for the Convenience Store and Deli. The Deli is equipped with a new, inspected Ledge Light ancillary and fire-suppression system, providing an updated infrastructure package for the operation. Adding further value is approximately 2,000 square feet of newly renovated, furnished upper-level space, currently configured as a two-bedroom, two-bath apartment. The space provides an owner-user opportunity, additional rental income, or potential for future repositioning. Additional Development Potential. The approximately 2,000-square-foot upper level offers additional value-add potential, subject to applicable zoning, building, fire, and permitting requirements.
Location
State CT
County New London
Zoning CBD-1
Interior
Heating Hot Air
Cooling Split System
Exterior
Utilities Available Gas
Roof Type Flat,Tar/Gravel
Building
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Rebecca Missios • RE/MAX Coast and Country
NEARBY SCHOOL & BUSINESS
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