54 Fremont St - Office/Residential FOR SALE


New London, CT 06320
$225,000 USD
860-984-5101
54 Fremont St, New London, CT for Sale
$225,000 USD
Office/Residential - FOR SALE
1/22
null | Request Cap Rate

NEW


54 Fremont St
New London, CT 06320


HIGHLIGHTS

  • R-4 Zoning allows commercial or residential uses
  • Great location
  • Ready to renovate

OVERVIEW

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. 54 Fremont Street sits in a quiet residential pocket of New London just off Williams Street, within 1 minute of I-95 and direct access to CT 32 North. It’s well connected to New London, a 5 minute walk to either Hodges Square business district or Williams Park business district and a 1 minute drive from the Bank Street waterfront district. The location offers exceptionally convenient vehicular access while remaining tucked away from major commercial corridors — a favorable setting for a professional office, small business, or live/work use seeking a distinctive, low-key address. ? Vacant and move-in 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.

FOR SALE DETAILS

PRICE

$225,000 USD

PRICE/SF

$122 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

undefined, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1846

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

R-4

APN/PARCEL ID

NLON-000039-000249-000017

ASK ABOUT THIS PROPERTY

Gino PenasaSeaport CommercialMore Info
860-984-5101

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Gino PenasaSeaport CommercialMore Info
860-984-5101

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.