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$230,000
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Property Description
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
Full Property Details for 458 Ocean Ave
General
- Sold For: $230,000
- Taxes: (July 2026-June 2027)
- Status: Closed
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24151264
- Added to Site: 185 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 2026-June 2027
Disclosures and Reports
- Documents Avail.: None
- Property ID: 1997855
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Schools
Schools serving 458 Ocean Ave
School District:New London School District
| Name | Grades | Distance |
|---|---|---|
Harbor School 432 Montauk Avenue, New London, CT 06320 | PK-5 | 0.2 mi |
Nathan Hale Arts Magnet School 37 Beech Drive, New London, CT 06320 | K-5 | 0.9 mi |
C.B. Jennings International Elementary Magnet 50 Mercer Street, New London, CT 06320 | PK-5 | 1.6 mi |
New London Visual and Performing Arts Magnet School 36 Waller Street, New London, CT 06320 | 6-11 | 1.7 mi |
Bennie Dover Jackson Middle School 36 Waller Street, New London, CT 06320 | 6-8 | 1.7 mi |
New London High School 20 Chester Street, New London, CT 06320 | 9-12 | 2 mi |
Science and Technology Magnet School of Southeastern Connecticut 20 Chester Street, New London, CT 06320 | 6-12 | 2 mi |
Winthrop STEM Elementary Magnet School 74 Grove Street, New London, CT 06320 | K-5 | 2.4 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
Date
Details
Price
Change
Source
7/27/2026
Sold
$230,000
-8%
MLS
1/26/2026
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
458 Ocean Avenue, New London, CT 06320 (MLS# 24151264) is a Commercial property that was sold at $230,000 on July 27, 2026. This property was 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.


