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MLS 24207695 For Sale Updated September 18, 2026
224-230 State Street

New London, Connecticut 06320

$1,500,000
On market 1 day
224-230 State Street
1 / 35

About This Property

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

Interior

Heat
Hot Air — Gas In Street
Cooling
Split System

Exterior & Lot

Roof
Flat,Tar/Gravel
Construction
Construction

Utilities & Systems

Water Source
Public Water Connected
Sewer
Public Sewer Connected

224-230 State Street

New London , Connecticut 06320

$1,500,000

On market 1 day

Beds
-
Baths
-
SqFt
8,572
Type
Commercial
County New London
Garage -
Rooms -
Lot Size 0.18 Acres
Property Tax $10,362
Assessed Value $368,900
Year Built 1930
Zoning CBD-1

Payment Estimate

30-year fixed. Includes taxes; estimates only.

Estimated Monthly Payment
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Property Map

Map location is based on the property address.

Listing information is deemed reliable but not guaranteed and is sourced from the local MLS feed. Brokerage shown: RMCSCN00.

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