464 Ocean Avenue, New London, CT 06320 - Photo 1

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$1,100,000 Just Listed

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Commercial

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Property Description

Rare opportunity to acquire a 14,388/SF highly adaptable commercial property in one of New London's strongest professional corridors. Three stories with the possibility of adding a fourth floor (subject to approval). Approximately 3500 SF per floor. Elevator services all floors including the full basement. Occupied with multiple tenants having short term leases for new owner's future plans. Parking lot behind building for 28 cars. There is also on street parking available in front of the building. First floor currently houses an International food market. Second and third floors have private offices. Price includes vacant lot located behind building, 104 School Street. Building is owned by a corporation. Buyer can buy the corporation if desired.

Full Property Details

Full Property Details for 464 Ocean Ave

General

Price: $1,100,000
Taxes: (July 2026-June 2027)
Status: Active
Type: Commercial
Source: SMARTMLS
MLS ID: 24197113
Updated: 8/5/2026
Added to Site: 2 day(s) ago

Interior

Interior Features: Elevator

Parking

Uncovered Spaces: 28

Location

County: New London
Driving Directions: Bank Street to Ocean Avenue

Heating & Cooling

Cooling Type: Central Air
Heating Type: Hot Air, Gas In Street
Heating Fuel: Gas In Street

Utilities

Sewer: Public Sewer Connected
Water: Public Water Connected
Utility Description: Electric

Structural Information

Roof: EPDM Synthetic Rubber, Flat
Square Feet: 10,500
Sq. Ft. Source: Public Records
Office: 7,000 Sq. Ft.
Retail: 3,500 Sq. Ft.
Year Built: 1957

Lot Features

Lot Size (Acres): 0.19
Frontage: Municipal Street
Zoning: NB
Lot Description: Corner Lot, Level Lot

Financial Considerations

Assessment Amount: $580,600
Tax Year: July 2026-June 2027

Disclosures and Reports

Documents Avail.: Brochure
Property ID: 1997854

Listed by U.S. Properties Real Estate Services, LLC, Susan Howard Cihocki and U.S. Properties Real Estate Services, LLC, Constance Howard

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Listing agents

— 464 Ocean Ave —

Susan Howard Cihocki

U.S. Properties Real Estate Services, LLC
Constance Howard

U.S. Properties Real Estate Services, LLC

Agent Contact: (860) 941-0694 Office Contact: (860) 437-0101

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Schools

Schools serving 464 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 464 Ocean Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/05/2026

Listed

$1,100,000

—

MLS

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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

Tax History for 464 Ocean Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$15,792

-1%

$580,600

—

2023

$15,967

-17%

$580,600

12%

2023

$19,293

—

$518,070

—

2022

$19,329

-2%

$518,070

—

2021

$19,661

-1%

$518,070

—

2020

$19,785

-4%

$518,070

—

2019

$20,671

-3%

$518,070

2018

$21,310

-1%

$487,200

—

2017

$21,563

$487,200

—

2016

$19,712

$487,200

—

2015

$19,240

15%

$487,200

—

2014

$16,696

-20%

$487,200

-35%

2011

$20,753

—

$754,670

—

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

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464 Ocean Avenue, New London, CT 06320 (MLS# 24197113) is a Commercial property. 464 Ocean Avenue is currently listed for $1,100,000 and was received on August 05, 2026. Want to learn more about 464 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.

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464 Ocean Ave New London, CT 06320