Dental-anchored 5-unit mixed-use in downtown New London, 100% leased. Established dental practice pays $53K+/yr - plus four apartments above (two 2BR/1BA, two 1BR/1BA) with heat & hot water included. Residential rents below market; proforma NOI ~$74K on ~$135 gross. Walkable to rail, waterfront & downtown. Full financial summary attached; figures are estimates subject to buyer's independent due diligence. Turnkey income with real upside.
| Listing Id: | 24191402 |
|---|---|
| List Price: | $849,000 |
| Property Type: | Commercial Sale |
| Status: | Active |
| Bank Owned Property: | No |
| Baths Full: | 4 |
| Baths Half: | 1 |
| Living Area Sqft Per Public Record: | 5,510 |
| Property Tax: | $13,048 |
| Acres: | 0.31 |
| Direct Waterfront Yn: | No |
| City: | New London |
| County: | New London |
| Postal Code: | 06320 |
| Year Built: | 1900 |
| Total Number Of Units: | 5 |
| Agent Owner Yn: | No |
| Assessed Value: | $437,700 |
| Basement Description: | No |
| Baths Total: | 5 |
| Comp Only Manual Yn: | No |
| Cooling System: | Central Air, Window Unit |
| Current Price: | $849,000.00 |
| Directions: | per GPS |
| Display Fair Market Value Yn: | Yes |
| Documents Available: | Brochure, Lead Disclosure |
| Exterior Features: | Sidewalk, Gutters |
| Flood Zone Yn: | No |
| Flooring: | Vinyl, Wood |
| Foundation Type: | Stone |
| Garage & Parking: | Paved, Parking Lot, Off Street Parking |
| Heat Fuel Type: | Natural Gas |
| Heat Type: | Steam |
| Interior Features: | Employee Lounge, Security System |
| Listing Contract Date: | 2026-07-15 |
| Location: | Highway Access, Downtown, Historic Area |
| Lot Description: | Dry, Level Lot |
| Mil Rate Total: | $27.10 |
| Status: | Active |
| Number Of Restrooms: | 5 |
| Number Of Stories: | 3 |
| Occupied By: | Tenant |
| Original List Price: | $899,000 |
| Parcel Number: | 2001232 |
| Parking Spaces Uncovered: | 15 |
| Parking Total Spaces: | 15 |
| Possession Availability: | upon closing |
| Potential Short Sale: | No |
| Present Use: | Dental office + residential apartments above |
| Price: | $849,000 |
| Road Frontage Description: | Municipal Street, Paved Road |
| Roof Information: | Slate |
| Sewage System: | Public Sewer Connected |
| Sign Yn: | No |
| Sq Ft Office: | 2,016 |
| Sq Ft Residential: | 3,494 |
| Sq Ft Source: | Public Records |
| Sq Ft Total: | 5,510 |
| Tax Year: | July 2026-June 2027 |
| Under Agreement Yn: | No |
| Utilities Available: | Electric, Gas, Telephone, Cable |
| Water Source: | Public Water Connected |
| Zoning: | C-1 |
Listing Courtesy of: Compass Connecticut, LLC
Listing Agent: Jason Pollard
(860) 287-1976
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Smart MLS Inc. data last updated on October 08, 2026 06:51 PM - ET
Property Last Updated: October 08, 2026 06:51 PM - ET
