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54 Fremont St
New London, CT 06320
Office Property For Sale

Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,844 SF
Building Class
C
Year Built
1846
Price
$225,000
Price Per SF
$122.02
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
922 SF
Slab To Slab
9’
Building FAR
0.42
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
R-4 - Multiple uses including office, retail, multi-unit residential or residential
Parking
2 Spaces (1.08 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
NLON-000039-000249-000017
Land Assessment
$49,000
Improvements Assessment
$99,500
Total Assessment
$148,500
  • Listing ID: 41508550

  • Date on Market: 7/31/2026

  • Last Updated:

  • Address: 54 Fremont St, New London, CT 06320

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