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$3,500
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Property Description
4,255 SF fully equipped restaurant for lease. Prime downtown location between Bank Street and State Street. Formerly the "Copperwood Grill". Restaurant equipment includes: pizza ovens, 3-bay sink, walk-in cooler and freezer, hood, and prep area. Space being offered "as is" for $3,500/month with electricity included for the first 6 months. Electricity costs will be low as there are solar panels on the building. On street parking and municipal lot across the street. Address of building is 24 Eugene O'Neill Drive.
Full Property Details
Full Property Details for 118 State St
General
- Price: $3,500
- Status: Active
- Type: Commercial Lease
- Source: SMARTMLS
- MLS ID: 24116217
- Updated: 11/26/2025
- Added to Site: 204 day(s) ago
Rental Information
- Lease/Rent Term: Three Years, Four Years, Five Years, Negotiable
- Lease Terms: Per Month
Location
- County: New London
- Driving Directions: GPS Friendly. Address of building is 24 Eugene O'Neill Drive, New London.
Heating & Cooling
- Cooling Type: Split System
- Heating Type: Hot Air, Natural Gas
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer In Street
- Water: Public Water Connected
- Utility Description: Electric Available, Phone Available, Cable Available
Structural Information
- Roof: Tar/Gravel
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 4,255
- Sq. Ft. Source: Approximate
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.27
- Frontage: Municipal Street
- Zoning: CBD-1
Financial Considerations
- Tenant Pays: All Utilities, Heat, Hot Water, Insurance, Liability Insurance, Mechanicals, Real Estate Taxes, Water
Disclosures and Reports
- Documents Avail.: Brochure
- Property ID: 1999815
Listed by U.S. Properties Real Estate Services, LLC, Constance Howard
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Schools
Schools serving 118 State St
School District:New London School District
| Name | Grades | Distance |
|---|---|---|
Harbor School 432 Montauk Avenue, New London, CT 06320 | PK-5 | 1.3 mi |
Bennie Dover Jackson Middle School 36 Waller Street, New London, CT 06320 | 6-8 | 0.6 mi |
New London High School 20 Chester Street, New London, CT 06320 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 State St
Date
Details
Price
Change
Source
8/01/2025
Listed
$3,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 118 State St
118 State Street, New London, CT 06320 (MLS# 24116217) is a Commercial Lease property. 118 State Street is currently listed for $3,500 and was received on August 01, 2025. Want to learn more about 118 State Street? Do you have questions about finding other Commercial Lease real estate for sale in New London? You can browse all New London real estate or contact a Coldwell Banker agent to request more information.

