464 Ocean Avenue New London, CT ^$ 750,000

464 Ocean Avenue

^$ 750,000

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464 Ocean Avenue

New London, CT, 06320

^$ 750,000

Studio Baths4.4 Sq 14,388

Monthly Estimate*

^$ 4,985

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Studio

Commercial Property for sale in New London, CT

for $750,000 with 4 full baths, 4 half baths. This 14,388 square foot building was built in 1957 on a lot size of 0.37.

NEW PRICE STEEL FRAME BUILDING ALLOWING FLEXABLE DESIGN.2 SEPARATE PARCELS 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. Parking approx 28 spaces. ORIGINAL HOME OF OCEAN MEDICAL AND 2 BLOCKS SOUTH OF LAWRENCE AND MEMORIAL HOSPITAL.. PRIME LOCATION.

Commercial Active

Price

^$ 750,000

Bedrooms

Studio

Full Bath

Half Bath

Property Type

Commercial

Taxes

^$ 0

Style

Commercial For Sale

Lot Size

0.37

Year Built

1957

Town/City

New London

MLS | Web ID

170318159

Features

General

Interior Features Elevator Fire Suppression System Handicap Design Security System

Zoning COMMERCIAL

Exclusions ALL OWNER AND TENANT OWNED ITEMS

Full Baths 0

Half Baths 4

Year Built 1957

Neighborhood Ocean Beach

Heater Type Gas on Gas

County New London

Present Use Grocery store and office space

Tax Year July 2023-June 2024

Location Highway Access Downtown

Property Type Commercial For Sale

Status Active

Acres 0.37

Directions I 95 to Colman St to Ocean Ave

City New London

Street Name Ocean

Sq Ft Total 14388

DOM 1388

Video Tour Y/N 1

Interior

Cooling System Central Air

Flooring Ceramic Tile Wall-to-Wall Carpet Wood

Total Rooms 6

Utilities Available Electric Gas Telephone Cable Fire Suppression System

Office Area 7000

Ceiling Height 8

Total Bathrooms 4

Total Bedrooms 0

Total Number of Units 10

Exterior

Water Source Public Water Connected

Garage Parking Off Street Parking On Street Parking Parking Lot

Lot Description Level Lot

Internal Only

Street Number 1 464

* Excluded Features

List By

Norm Krayem

Listing Agent

Berkshire Hathaway Ne Prop.

Broker

normkrayem@bhhsne.com

Affordability Calculator

$4,985

Per Month

Monthly Principal & Interest: $4,985
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in New London, CT

Average List Price ^$1,219,436

Percent of Sale Price 63%

About New London, CT

26,654 Population

4% Since 2002

^$37,286 Median Income

33.25 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

899581 Elementary School

895635 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/12/2023	$750,000	-11.76%	Price Down
7/19/2022	$850,000		Listed Price

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464 Ocean Avenue, New London, CT, 06320 is a Commercial Property for sale at $750,000 with 14,388 sqft and a lot size of 0.37. 464 Ocean Avenue is a studio with 4.4 baths and was built in 1957. The property's zip code is 06320 which is in New London, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to a buying decision should be independently verified.

Information on this this page is provided by the Smart Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site other than by consumers looking to purchase real estate is prohibited.

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464 Ocean Avenue

Commercial Property for sale in New London, CT

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