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$1,500,000 224-230 State, New London, CT

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$1,500,000

224-230 State, New London, CT

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Overview

Convenience Store, Deli & Mixed-Use Investment Opportunity Prime Downtown Location | Recently Renovated | Additional Residential/Commercial Upside. Exceptional mixed-use investment opportunity featuring an approximately 3,000-square-foot, fully renovated Convenience Store and Deli, strategically positioned to serve the surrounding downtown community. The property underwent a substantial renovation in 2025, including new appliances and a Cold Brew Bar. The space is clean, bright, well-maintained, and easily accessible. The property is also positioned to benefit from significant nearby residential growth, with approximately 40 new apartments currently under construction on the abutting parcel, creating an expanding customer base for the Convenience Store and Deli. The Deli is equipped with a new, inspected Ledge Light ancillary and fire-suppression system, providing an updated infrastructure package for the operation. Adding further value is approximately 2,000 square feet of newly renovated, furnished upper-level space, currently configured as a two-bedroom, two-bath apartment. The space provides an owner-user opportunity, additional rental income, or potential for future repositioning. Additional Development Potential. The approximately 2,000-square-foot upper level offers additional value-add potential, subject to applicable zoning, building, fire, and permitting requirements.

Property Details

Property Details

MLS Number 24207695
List Price 1500000
Status Active
Property Type Commercial For Sale
Acres 0.18
Year Built 1930
Heat Type Hot Air
Heat Fuel Type Gas In Street
Cooling System Split System
Water Source Public Water Connected
Sewage System Public Sewer Connected
Location Downtown
Days on Market 24

Courtesy of Rebecca Missios RE/MAX Coast and Country. Source: SmartMLS. © 2026.

Listing information is provided by SmartMLS.

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