Located in the heart of downtown New London, this versatile commercial building offers prime retail space and residential income-producing opportunities. The main level features a well-maintained operating store. This space features large windows in the front perfect for attracting foot traffic and showcasing your business. Upstairs features three apartments. Two efficiency apartments and one one-bedroom apartment. Don't miss out on your opportunity to invest in downtown New London today!
This two-story commercial building is in the heart of downtown New London. The building offers a total of three units. The building offers both residential and commercial opportunities. The downstairs storefront is currently being rented by a candle store. This unit features bright open spaces with beautiful display windows looking out onto two road fronts that invite foot traffic into the store. Upstairs is a one-bedroom one-bath apartment that is currently being rented out. Don't miss out on this opportunity to invest in this downtown New London space today!
The median home value in New London, OH is $167,500. This is higher than the county median home value of $148,000. The national median home value is $338,100. The average price of homes sold in New London, OH is $167,500. Approximately 54.33% of New London homes are owned, compared to 32.6% rented, while 13.07% are vacant. New London real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New London real estate agent to arrange a tour today!
New London, Ohio has a population of 2,543. New London is less family-centric than the surrounding county with 24.28% of the households containing married families with children. The county average for households married with children is 29.06%.
The median household income in New London, Ohio is $38,158. The median household income for the surrounding county is $59,049 compared to the national median of $69,021. The median age of people living in New London is 36.7 years.
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 38.8 inches per year, with 35.2 inches of snow per year.