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Riverview Plaza 3 Office Properties Offered at $6,828,150 CAD in New London, CT
Investment Highlights
- There is also an opportunity for a developer to tear down and build workforce housing.
- Ideally located within walking distance to Amtrak rail, bus lines, ferry service, and downtown amenities,
- 2.43± acres in the heart of downtown New London along the Thames River
Executive Summary
Rare opportunity to acquire a 48,843± SF four-building waterfront portfolio on 2.43± acres in the heart of downtown New London along the Thames River. The property includes four freestanding buildings, ±71 on-site parking spaces, and a mix of office/medical occupancy with additional vacancy and repositioning upside.
Buildings date from 1833–1988 and offer flexible layouts suited for office, medical, lab, or adaptive reuse. Several spaces have been renovated, and all buildings are equipped with generators, providing strong infrastructure for a variety of commercial or redevelopment uses.
Ideally located within walking distance to Amtrak rail, bus lines, ferry service, and downtown amenities, the site benefits from exceptional transit access and waterfront visibility. Zoning allows for continued commercial use or potential workforce housing/mixed-use redevelopment, making this one of the most versatile investment and development opportunities in the New London market.
Offered at $5,000,000
Buildings date from 1833–1988 and offer flexible layouts suited for office, medical, lab, or adaptive reuse. Several spaces have been renovated, and all buildings are equipped with generators, providing strong infrastructure for a variety of commercial or redevelopment uses.
Ideally located within walking distance to Amtrak rail, bus lines, ferry service, and downtown amenities, the site benefits from exceptional transit access and waterfront visibility. Zoning allows for continued commercial use or potential workforce housing/mixed-use redevelopment, making this one of the most versatile investment and development opportunities in the New London market.
Offered at $5,000,000
Property Facts
| Price | $6,828,150 CAD | Number of Properties | 3 |
| Price / SF | $104.89 CAD / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 65,100 SF |
| Sale Type | Investment | Total Land Area | 7.29 AC |
| Status | Active |
| Price | $6,828,150 CAD |
| Price / SF | $104.89 CAD / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 65,100 SF |
| Total Land Area | 7.29 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 238-258 Bank St, New London, CT 06320 | Office | 50,000 SF | 1989 | - |
|
Riverview Plaza - New London
224 Bank St, New London, CT 06320 |
Office | 9,200 SF | 1989 | - |
|
Granite Building
258 Bank St, New London, CT 06320 |
Office | 5,900 SF | 1920 | - |
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