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Map
$249,000
●
Commercial -
In Contract
458 Ocean Avenue
New London, Connecticut 06320
Studio
0 Bath
996 Sqft
$1,775
Estimated Monthly
$0
HOA / Fees
3.61%
Cap Rate
About This Property
Freestanding 996 SF commercial building with 2 drive throughs
previously used as a restaurant/cafe. Would make a great take out
or drive though restaurant. Located in close proximity to Yale New
Haven Hospital, colleges and Ocean Beach. On a highly visible
corner with frontage on both Ocean Avenue and School Street.
Parking lot for 4 cars as well as on street. Zoned 'Neighborhood
Business' for many retail and commercial uses.
Unit Size
996Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$250
Property Type
Commercial
Property Taxes
$552
HOA Dues
-
Year Built
1900
Listed By
Last updated: 2 months ago (Smart MLS #170597533)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2024 | In contract | - | |
| In contract | |||
| Feb 7, 2024 | Price Decreased |
$249,000
↓ $20K
(7.4%)
|
|
| Price Decreased | |||
| Sep 15, 2023 | Listed by US Properties | $269,000 | |
| Listed by US Properties | |||
Property Highlights
Air Conditioning
Parking Details
Garage Features: None
Interior Details
Interior Information
Square Feet Source: Public Records
Exterior Details
Property Information
Road Frontage: Municipal Street
Year Built: 1900
Building Information
Foundation Type: Concrete
Roof: Tar/Gravel
Financial Details
Property Tax: $6,619
Assessed Value: $201,740
Utilities Details
Cooling Type: Central Air
Heating Type: Hot Air
Heating Fuel: Electric
Sewage System: Public Sewer Connected
Water Source: Public Water Connected
458 Ocean Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
3
Beds
2
Baths
1,320 ft²
$206/ft²
$271,883
May 12, 2022
$271,883
Jul 26, 2022
$312/mo
Sold
Condo
2
Beds
3
Baths
1,440 ft²
$175/ft²
$252,000
Nov 22, 2023
$252,000
Jan 26, 2024
$657/mo
Sold
House
3
Beds
3
Baths
1,490 ft²
$141/ft²
$210,000
May 4, 2023
$210,000
Nov 15, 2023
$397/mo
Sold
House
4
Beds
2
Baths
2,161 ft²
$134/ft²
$290,000
Oct 12, 2023
$290,000
Nov 21, 2023
$400/mo
In Contract
House
2
Beds
1
Bath
1,641 ft²
$152/ft²
$249,999
Jan 24, 2024
-
$277/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About New London
Similar Homes for Sale
Nearby Rentals
$1,500 /mo
- 1 Bed
- 1 Bath
- 700 ft²
$1,495 /mo
- 1 Bed
- 1 Bath
- 600 ft²
Listed by: Constance Howard
US Properties
Last Updated: 2 months ago
Data Source: Smart MLS, MLS# 170597533
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
US Properties
Last Updated: 2 months ago
Data Source: Smart MLS, MLS# 170597533
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
