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$6,500,000

  • For Sale
  • Active
  • Commercial
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OPPORTUNITY ZONE! 5 Story brick office building consisting of 81,312 SF. Originally department store in downtown New London. It now consists of retail space on the first floor and numerous offices on the upper floors. It would be an ideal apartment building and the owner has already completed some apartments. The first floor has a magnificent atrium with entrances from State Street and Masonic Street.

Full Property Details for 153 State St

General

  • Price: $6,500,000
  • Taxes: (July 2024-June 2025)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 170364551
  • Updated: 12/10/2024
  • Added to Site: 1, 589 day(s) ago

Parking

  • Parking: On Street Parking

Location

  • County: New London
  • Driving Directions: Downtown New London to 153 State Street.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Hot Water, Natural Gas
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected
  • Utility Description: Electric Available, Gas Available, Phone Available

Structural Information

  • Construction Status: No/Resale
  • Roof: Tar/Gravel
  • Square Feet: 81,312
  • Sq. Ft. Source: Public Records
  • Year Built: 1885

Lot Features

  • Lot Size (Acres): 0.42
  • Frontage: Municipal Street
  • Zoning: CBD1 + Opportunity Zone
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $1,274,100
  • Tax Year: July 2024-June 2025

Disclosures and Reports

  • Documents Avail.: Brochure
  • Property ID: 2436910

Listed by US Properties, Constance Howard and US Properties, Susan Howard Cihocki

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Listing agents

— 153 State St —

  • Constance Howard

    US Properties

  • Susan Howard Cihocki

    US Properties

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 153 State St

School District:New London School District
RatingNameGradesDistance
1
New London High School
490 Jefferson Ave, New London, CT 06320
9-121.4 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 153 State St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/18/2022
Price Increased
$6,500,000
14.04%
MLS
1/08/2021
Listed
$5,700,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 153 State St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$36,312
-24%
$1,274,100
3%
2023
$47,521
—
$1,236,550
—
2022
$47,558
-2%
$1,236,550
—
2021
$48,411
-1%
$1,236,550
—
2020
$48,708
-4%
$1,236,550
—
2019
$50,822
-12%
$1,236,550
-3%
2018
$57,673
2%
$1,277,640
—
2017
$56,548
6%
$1,277,640
—
2016
$53,444
6%
$1,277,640
—
2015
$50,454
15%
$1,277,640
—
2014
$43,785
-1%
$1,277,640
-21%
2011
$44,275
—
$1,610,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by US Properties, Constance Howard and US Properties, Susan Howard Cihocki

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153 State Street, New London, CT 06320 (MLS# 170364551) is a Commercial property. 153 State Street is currently listed for $6,500,000 and was received on January 08, 2021. Want to learn more about 153 State Street? Do you have questions about finding other Commercial 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.

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