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$199,000 -$26,000 (-11.56%) Price Reduced
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Property Description
The building offers a flexible two-story layout with a full unfinished basement and covered porch and deck areas. The first floor includes an entry foyer, multiple rooms, a bathroom, and a living room; the second floor offers two additional well-proportioned rooms. The existing configuration readily supports continued commercial or office use, or adaptation to residential use, subject to applicable permits. Renovation ready - no lease-up risk or tenant transition for a purchasing owner-user. Rare small-format Victorian-era building (built 1846) with genuine period character: wraparound porch, gable roofline, and clapboard siding. R-4 zoning (Multifamily Office High Density District) supports a broad range of uses, including professional office and residential. Flexible two-story layout suited to professional office, small business, or live/work use. Minutes from I-95, downtown New London, and the Thames River waterfront, with strong car-friendly access. Not located in a mapped flood zone (Zone X, unshaded). Well-documented ownership history with chain of title traced to the property's original 1846 construction.
Full Property Details
Full Property Details for 54 Fremont St
General
- Price: $199,000
- Taxes: (July 2026-June 2027)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24195968
- Updated: 10/30/2026
- Added to Site: 92 day(s) ago
Exterior
- Exterior Features: Sidewalk, Awnings, Gutters
Parking
- Uncovered Spaces: 2
- Total Spaces: 2
- Parking: Paved, Off Street Parking, On Street Parking
Location
- County: New London
- Driving Directions: Turn onto Fremont from Williams St
Heating & Cooling
- Cooling Type: Window Unit
- Heating Type: Hot Water, Oil
- Heating Fuel: Oil
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Phone Available, Cable Available
Structural Information
- Roof: Asphalt Shingle
- Square Feet: 1,844
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Vacant
- Year Built: 1846
Lot Features
- Lot Size (Acres): 0.13
- Frontage: Municipal Street, Paved Road
- Present Use: Vacant
- Potential Use: Residential
- Zoning: R-4
- Lot Description: Dry, Level Lot
Financial Considerations
- Assessment Amount: $148,500
- Tax Year: July 2026-June 2027
Disclosures and Reports
- Documents Avail.: Brochure, Legal Description
- Property ID: 2001495
Listed by Seaport Real Estate Services, Gino Penasa
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Schools
Schools serving 54 Fremont St
School District:New London School District
| Name | Grades | Distance |
|---|---|---|
C.B. Jennings International Elementary Magnet 50 Mercer Street, New London, CT 06320 | PK-5 | 0.3 mi |
Winthrop STEM Elementary Magnet School 74 Grove Street, New London, CT 06320 | K-5 | 0.5 mi |
Harbor School 432 Montauk Avenue, New London, CT 06320 | PK-5 | 1.8 mi |
Bennie Dover Jackson Middle School 36 Waller Street, New London, CT 06320 | 6-8 | 0.3 mi |
New London Visual and Performing Arts Magnet School 36 Waller Street, New London, CT 06320 | 6-11 | 0.3 mi |
New London High School 20 Chester Street, New London, CT 06320 | 9-12 | 1 mi |
Science and Technology Magnet School of Southeastern Connecticut 20 Chester Street, New London, CT 06320 | 6-12 | 1 mi |
Nathan Hale Arts Magnet School 37 Beech Drive, New London, CT 06320 | K-5 | 2.7 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 54 Fremont St
Date
Details
Price
Change
Source
10/30/2026
Price Reduced
$199,000
-11.56%
MLS
7/31/2026
Listed
$225,000
287.93%
MLS
1/03/1994
Sold
$58,000
—
Public Record
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 54 Fremont St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$4,024
—
$148,500
—
2025
$4,039
-1%
$148,500
—
2023
$4,084
-15%
$148,500
15%
2023
$4,810
—
$129,150
—
2022
$4,819
-2%
$129,150
—
2021
$4,901
-1%
$129,150
—
2020
$4,932
-4%
$129,150
—
2019
$5,153
2%
$129,150
12%
2018
$5,046
-1%
$115,360
—
2017
$5,106
9%
$115,360
—
2016
$4,667
2%
$115,360
—
2015
$4,556
15%
$115,360
—
2014
$3,953
8%
$115,360
-13%
2011
$3,667
—
$133,350
—
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 54 Fremont St
54 Fremont Street, New London, CT 06320 (MLS# 24195968) is a Commercial property. 54 Fremont Street is currently listed for $199,000 and was received on July 31, 2026. Want to learn more about 54 Fremont 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.

