Properties

Property Description

Prime Downtown New London Commercial Opportunity!! Exceptional investment opportunity in the heart of New London’s vibrant downtown district. This well-maintained commercial building offers over 4,700+ square feet of versatile interior space, plus an additional 586 square foot patio, providing excellent flexibility for a variety of business concepts. The property is currently configured as two separate units, though it is presently leased to a single tenant operating a successful restaurant that occupies the entire building. This setup offers immediate rental income potential while maintaining future flexibility for multi-tenant use. Positioned in a high-visibility, high-foot-traffic location, this property benefits from strong surrounding retail, dining, and waterfront attractions. The building presents endless possibilities for investors and owner-operators alike – continue its use as a restaurant, reconfigure for mixed commercial tenants, or explore redevelopment opportunities. Notably, there is potential to build upward and add residential apartments above, creating a compelling mixed-use investment in one of downtown’s most desirable corridors (subject to approvals). Please note: Sale includes the building only. The restaurant business is not included in the sale. An outstanding opportunity to own a prime piece of downtown real estate with income and future development potential.

Features
Heating System:
Hot Air
Cooling System:
Central Air
Foundation Type:
Concrete
Heat Fuel Type:
Natural Gas
Fireplaces Total:
0
Parking Total Spaces:
0
Location:
Highway Access, Downtown, Shopping Mall
Lot Description:
N/a
Water Source:
Public Water Connected
Address Map
Street:
Bank
Street Number:
200
Floor Number:
0
Longitude:
W73° 53′ 38.2”
Latitude:
N41° 21′ 47.3”
MLS Addon
Office Name:
RE/MAX One
Agent Name:
Christopher Torrez
List Agent MLSID:
TORREZC
List Office MLSID:
RMHMTM00
Tax Year:
July 2025-June 2026
Directions:
Use GPS
HOA Fee Amount:
$0
Parcel Number:
1999764
Property Tax:
$8,826
Zoning:
CBD-1

Commercial For Sale

200 Bank, New London, 06320

0 Bedrooms
2 Bathrooms
4,728 Sqft
$525,000
Listing ID #24155567
Basic Details
Property Type :
Commercial For Sale
Listing Type :
For Sale
Listing ID :
24155567
Price :
$525,000
Bedrooms :
0
Baths Total :
2
Bathrooms :
2
Half Bathrooms :
0
Square Footage :
4,728 Sqft
Year Built :
1939
Lot Area :
0.08 Acre
City:
New London
Zipcode:
06320
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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