commercial

224-230 State Street

New London, Connecticut 6320

Price

$1,500,000

Price/SF

$174.99/SF

Building Size

8,572 SF

Lot Size

0.18 acres

Year Built

1930

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.

Interested?

Get details or book a tour — we respond within one business day.

Photo Gallery

224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street
224-230 State Street

Additional Details

Zoning

CBD-1

MLS Number

24207695

Property ID

2305633b-d9c0-4388-bd4f-b4aea0a84b2d

Share This Listing

MLS Information

MLS#: 24207695

Listed by: RE/MAX Coast and Country

Agent: Rebecca Missios • (860) 460-3651 • beckmissios@gmail.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.