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$799,000
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Property Description
It is exciting to bring this 9,870 sq. ft., Class B, Professional Office Building to the market. This two-story wood frame building is a fantastic opportunity for business owners or investors. Located on a corner lot, there is easy access from I-95. Situated on two heavily traveled municipal streets, it features 2 driveway cuts and plenty of parking. The paved lot includes 31 marked, off-street parking spaces. Inside, the building has 6 spacious office suites, 3 on each floor. Every suite has its own private half-bathroom, making it convenient for tenants and employees. With separate front and rear entrances, you will find carpeted staircases leading to each floor, ensuring a comfortable and professional atmosphere. Each suite operates independently with its own electric meter, giving tenants control over their utilities. The property also includes a seventh electric meter for house utilities. Additionally, there are 6 natural gas meters and 6 air conditioning compressors, ensuring every space is individually climate controlled. Every suite also comes with its own natural gas-fired furnace and hot water heater, providing efficient heating and hot water. This property also listed for LEASE (MLS#24136493) Whether you're looking for a property to occupy yourself, with additional income producing tenants or simply seeking an investment opportunity, this building is must-see. Schedule your private tour today before it's GONE!
Full Property Details
Full Property Details for 516 Vauxhall St
General
- Price: $799,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24136485
- Updated: 11/26/2025
- Added to Site: 82 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 1
- Half Bathrooms: 5
- Restrooms: 6
Exterior
- Exterior Features: Sidewalk, Lighting
Parking
- Uncovered Spaces: 31
- Total Spaces: 31
- Parking: Paved, Off Street Parking, Driveway
Location
- County: New London
- Driving Directions: GPS Friendly - 516 Vauxhall Street, New London, CT
Heating & Cooling
- Cooling Type: Central Air
- 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: Asphalt Shingle
- Amps: 440
- Disability Access: Exterior Curb Cuts, Hallways 36+ Inches Wide, Handicap Parking
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 9,870
- Sq. Ft. Source: Public Records
- Current Bldg. Use: OFFICE
- Office: 9,470 Sq. Ft.
- Year Built: 1986
Unit Information
- # Tenants: 3
Unit 1
- Unit Description: Office
- Total Bathrooms: 6
- Partial Bathrooms: 5
Lot Features
- Lot Size (Acres): 0.54
- Frontage: Municipal Street, Paved Road
- Frontage Feet: 442
- Present Use: OFFICE
- Potential Use: OFFICE
- Zoning: C-2
- Lot Description: Corner Lot, Treed, Dry, Level Lot, Cleared
Financial Considerations
- Assessment Amount: $759,500
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: None
- Exclusions: To be discussed with serious Buyer when NDA has been signed.
- Property ID: 2002635
Listed by IMT Realty, Mr. Z Zerbini and IMT Realty, Mary Nasi
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Schools
Schools serving 516 Vauxhall St
School District:New London School District
| Name | Grades | Distance |
|---|---|---|
Harbor School 432 Montauk Avenue, New London, CT 06320 | PK-5 | 2.6 mi |
Bennie Dover Jackson Middle School 36 Waller Street, New London, CT 06320 | 6-8 | 1.1 mi |
New London High School 20 Chester Street, New London, CT 06320 | 9-12 | 0.7 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 516 Vauxhall St
Date
Details
Price
Change
Source
10/28/2025
Listed
$799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 516 Vauxhall St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,658
-1%
$759,500
—
2023
$20,886
-24%
$759,500
4%
2023
$27,314
—
$733,460
—
2022
$27,365
-2%
$733,460
—
2021
$27,835
-1%
$733,460
—
2020
$28,011
-4%
$733,460
—
2019
$29,265
-4%
$733,460
5%
2018
$30,431
-1%
$695,730
—
2017
$30,793
9%
$695,730
—
2016
$28,149
2%
$695,730
—
2015
$27,474
15%
$695,730
—
2014
$23,843
28%
$695,730
2%
2011
$18,671
—
$678,930
—
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
Estimate the Cost for 516 Vauxhall St
516 Vauxhall Street, New London, CT 06320 (MLS# 24136485) is a Commercial property. 516 Vauxhall Street is currently listed for $799,000 and was received on October 28, 2025. Want to learn more about 516 Vauxhall 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.

