153 State Street $5,700,000

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    153 State Street New London, CT 06320

    • 81,312 sq. ft.
    • 0.42 Acres
    • Commercial
    • MLS# 170364551
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    Views: 27 Days On Site: 334

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    Property Details

    Description Tours

    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.

    • General Features
      • Zoning CBD1 + Opportunity Zone
      • Year Built 1885
      • Neighborhood N/A
      • Sq Ft Total 81,312
      • Acres 0.42
      • Bank Owned Property Y/N 0
      • Property Tax $48,411
      • County Or Parish New London
    • Building Features
      • Construction Description Brick,Concrete
      • Cooling System Central Air
      • Heat Fuel Type Natural Gas
      • Heat Type Hot Water
    • Property Features
      • Water Source Public Water Connected
      • Utilities Available Electric Available,Gas Available,Phone Available
      • Parking Total Spaces 0
      • Sewage System Public Sewer Connected
      • Garage Parking Info On Street Parking
      • Lot Description LevelLot

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    Neighborhood

    06320 (New London) Demographics

    32 Median Age
    3,589 Population Density (per sq. mile)
    33% College Educated
    $46,341 Estimated Median Income
    3,961 Estimated Total Home Owners
    6,779 Estimated Total Renters
    37% / 63% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    26,999 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $184,650 Median Sales Price
    18 Homes Sold
    17 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $5,700,000
        1/8/2021 11:04:00 AM New in Database Source: Multiple Listing Service New Value: $5,700,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.