464 Ocean Avenue $850,000

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    464 Ocean Avenue New London, CT 06320

    • 14,388 sq. ft.
    • 0.37 Acres
    • Commercial
    • MLS# 170318159
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    Views: 58 Days On Site: 974

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    Property Details

    Description Tours

    2 SEPARATE LOTS 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. BUILDING IS STEEL FRAME OVER MASONARY WITH ELEVATOR AND SPRINKLER SYSTEM (in basement as well). Total land area is 0.37acres with approx. parking for 28 spaces. ORIGINAL HOME OF OCEAN MEDICAL AND APPROX 2 BLOCKS FROM LAWRENCE AND MEMORIAL HOSPITAL. SUITABLE FOR APARTMENTS AND RETAIL. EXCELLENT CONDITION AND PRIME LOCATION.

    • General Features
      • Zoning COMMERCIAL
      • Year Built 1957
      • Neighborhood Ocean Beach
      • Sq Ft Total 14,388
      • Acres 0.37
      • Bank Owned Property Y/N 0
      • Property Tax $19,329
      • County Or Parish New London
    • Building Features
      • Construction Description Steel
      • Cooling System Central Air
      • Ceiling Height 8.00
      • Interior Features Elevator, Fire Suppression System, Handicap Design, Security System
    • Property Features
      • Parking Spaces Uncovered 30
      • Water Source Public Water Connected
      • Utilities Available Electric,Gas,Telephone,Cable
      • Parking Total Spaces 30
      • Sewage System Public Sewer Connected
      • Flood Zone Y/N 0
      • Garage Parking Info Off Street Parking, Parking Lot
      • Lot Description LevelLot

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    Neighborhood

    06320 (New London) Demographics

    32 Median Age
    3,595 Population Density (per sq. mile)
    34% College Educated
    $47,482 Estimated Median Income
    4,373 Estimated Total Home Owners
    6,628 Estimated Total Renters
    40% / 60% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    27,040 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $237,500 Median Sales Price
    8 Homes Sold
    12 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: $850,000
        7/20/2020 12:05:00 PM New in Database Source: Multiple Listing Service New Value: $850,000

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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.