Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$250,000

  • For Sale
  • Active
  • Commercial
See This Home
Save This Home
See This Home
Save This Home
Freestanding 996 SF commercial building with 2 drive throughs previously used as a restaurant/cafe and bank. 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 6 cars as well as on street. Zoned 'Neighborhood Business' for many retail and commercial uses.

Full Property Details for 458 Ocean Ave

General

  • Price: $250,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24151264
  • Updated: 2/5/2026
  • Added to Site: 69 day(s) ago

Interior

  • Flooring: Concrete

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Half Bathrooms: 1

Exterior

  • Exterior Features: Sidewalk

Parking

  • Total Spaces: 9
  • Parking: Paved, Off Street Parking

Location

  • County: New London
  • Driving Directions: Bank Street to Ocean Avenue south of L&M Hospital

Heating & Cooling

  • Cooling Type: Ductless
  • Heating Type: Hot Air, Natural Gas
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected
  • Utility Description: Electric, Gas, Telephone, Cable

Structural Information

  • Roof: Tar/Gravel
  • Square Feet: 899
  • Sq. Ft. Source: Public Records
  • Current Bldg. Use: Retail
  • Year Built: 1900

Unit Information

Unit 1

  • Unit Description: Retail
  • Total Bathrooms: 1
  • Partial Bathrooms: 1

Lot Features

  • Lot Size (Acres): 0.2
  • Frontage: Municipal Street
  • Present Use: Retail
  • Potential Use: Office, Bank, Restaurant
  • Zoning: NB
  • Lot Description: Corner Lot, Level Lot

Financial Considerations

  • Assessment Amount: $179,100
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Documents Avail.: None
  • Property ID: 1997855
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Meet the listing agents

Meet the listing agents
— 458 Ocean Ave —

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 458 Ocean Ave

School District:New London School District
NameGradesDistance
Harbor School
432 Montauk Avenue, New London, CT 06320
PK-50.2 mi
Nathan Hale Arts Magnet School
37 Beech Drive, New London, CT 06320
K-50.9 mi
C.B. Jennings International Elementary Magnet
50 Mercer Street, New London, CT 06320
PK-51.6 mi
New London Visual and Performing Arts Magnet School
36 Waller Street, New London, CT 06320
6-111.7 mi
Bennie Dover Jackson Middle School
36 Waller Street, New London, CT 06320
6-81.7 mi
New London High School
20 Chester Street, New London, CT 06320
9-122 mi
Science and Technology Magnet School of Southeastern Connecticut
20 Chester Street, New London, CT 06320
6-122 mi
Winthrop STEM Elementary Magnet School
74 Grove Street, New London, CT 06320
K-52.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 458 Ocean Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/26/2026
Listed
$250,000
—
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 458 Ocean Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,872
-1%
$179,100
—
2023
$4,925
-26%
$179,100
1%
2023
$6,619
-12%
$177,730
-12%
2022
$7,527
-2%
$201,740
—
2021
$7,656
-1%
$201,740
—
2020
$7,704
-4%
$201,740
—
2019
$8,049
6%
$201,740
16%
2018
$7,615
-1%
$174,090
—
2017
$7,705
9%
$174,090
—
2016
$7,044
2%
$174,090
—
2015
$6,875
15%
$174,090
—
2014
$5,966
-27%
$174,090
-41%
2011
$8,118
—
$295,190
—
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.

Estimate the Cost for 458 Ocean Ave

$
Down Payment
%
$
%

$
$

*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

Get Pre-Approved

Similar Properties near 458 Ocean Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

109 Blinman St, New London, CT 06320 - Photo 1
$249,900

109 Blinman St  New London, CT 06320

  • Commercial
  • Active
Listed by Mikasa Realty Group, Inc.

Just Listed near 458 Ocean Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

10 Amherst Ct, Groton, CT 06355 - Photo 1 Just Listed
$399,900

10 Amherst Ct  Groton, CT 06355

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,890
    Sq. Ft.
Listed by Ann McBride Real Estate
281 Fishtown Rd, Groton, CT 06355 - Photo 1 Just Listed
$489,900

281 Fishtown Rd  Groton, CT 06355

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,434
    Sq. Ft.
Listed by Real Broker CT, LLC
75 Heather Glen Ln, Groton, CT 06355 - Photo 1 Just Listed
$570,000
Open House

75 Heather Glen Ln  Groton, CT 06355

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,942
    Sq. Ft.
Listed by United Realty Plus
11 Vergennes Ct, Groton, CT 06340 - Photo 1 Just Listed
$359,000

11 Vergennes Ct  Groton, CT 06340

  • Single Family
  • Active
  • Updated 3 days ago
  • 5
    Beds
  • 2
    Total Baths
  • 1,450
    Sq. Ft.
Listed by Brokerbe Inc.

Price Reduced near 458 Ocean Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

77 Foster Rd, Waterford, CT 06385 - Photo 1 Price Reduced
-$20,000 (-3.33%)
$580,000

77 Foster Rd  Waterford, CT 06385

  • Industrial
  • Active
  • Updated 2 days ago
  • 34.66
    Acres
Listed by Keller Williams Coastal
3 E Wood St, Waterford, CT 06385 - Photo 1 Price Reduced
-$6,000 (-1.41%)
$419,000

3 E Wood St  Waterford, CT 06385

  • Single Family
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,256
    Sq. Ft.
Listed by Berkshire Hathaway NE Prop.
4 Arbor Crossing, East Lyme, CT 06333 - Photo 1 Price Reduced
-$50,112 (-5.27%)
$899,888
Open House

4 Arbor Crossing  East Lyme, CT 06333

  • Single Family
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,595
    Sq. Ft.
Listed by William Raveis Real Estate
7 Laurel Hill Dr S, East Lyme, CT 06357 - Photo 1 Price Reduced
-$25,000 (-4.17%)
$574,900

7 Laurel Hill Dr S  East Lyme, CT 06357

  • Single Family
  • Active
  • Updated 14 hours ago
  • 5
    Beds
  • 3
    Total Baths
  • 2,728
    Sq. Ft.
Listed by William Raveis Real Estate

Recent Sales near 458 Ocean Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

611 Ocean Ave, New London, CT 06320 - Photo 1 Sold
$275,000

611 Ocean Ave  #E5  New London, CT 06320

  • Townhouse
  • Closed
  • 2
    Beds
  • 3
    Total Baths
  • 1,440
    Sq. Ft.
Listed by Compass Connecticut, LLC
Sold by RE/MAX on the Bay
109 Montauk Ave, New London, CT 06320 - Photo 1 Sold
$282,000

109 Montauk Ave  New London, CT 06320

  • Multi-Family
  • Closed
  • Updated 2 days ago
  • 4
    Total Beds
Listed by Kazantzis Real Estate, LLC
Sold by RE/MAX One
41 Niles Hill Rd, New London, CT 06320 - Photo 1 Sold
$275,000

41 Niles Hill Rd  New London, CT 06320

  • Single Family
  • Closed
  • 3
    Beds
  • 1
    Total Bath
  • 1,132
    Sq. Ft.
Listed and Sold by eRealty Advisors, Inc.
55 Woodlawn Rd, New London, CT 06320 - Photo 1 Sold
$245,000

55 Woodlawn Rd  New London, CT 06320

  • Single Family
  • Closed
  • 2
    Beds
  • 1
    Total Bath
  • 1,175
    Sq. Ft.
Listed and Sold by RE/MAX on the Bay

458 Ocean Avenue, New London, CT 06320 (MLS# 24151264) is a Commercial property. 458 Ocean Avenue is currently listed for $250,000 and was received on January 26, 2026. This property is listed by Rick Loranger from our East Lyme/Mystic Office.Want to learn more about 458 Ocean Avenue? 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.

Tour this property