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Property Description
Fully leased, mixed-use property located in the heart of downtown New London. This 11,894 SF, 2 story building has a 3,193 SF commercial space on the 1st floor and 3 apartments on 5,508 SF on the second floor. There is a 3,193 SF basement. The apartments have high ceilings, large windows and beautiful views of the Thames River. Building was fully renovated in 2017. NOI approximately $76,536. Call office for financials. Excellent investment property with stable cash flow. Property may be purchased as a package with 53 Bank St and 153 Bank Street for a total of 6 commercial units and 17 Apartments.
Features
Heating System:
Heat Pump
Cooling System:
Split System
Heat Fuel Type:
Natural Gas
Fireplaces Total:
0
Parking Total Spaces:
0
Location:
Downtown
Lot Description:
Level Lot
Water Source:
Public Water Connected
Address Map
Street:
Bank
Street Number:
147
Floor Number:
0
Longitude:
W73° 53′ 38.2”
Latitude:
N41° 21′ 47.3”
MLS Addon
Office Name:
U.S. Properties Real Estate Services, LLC
Agent Name:
Constance Howard
List Agent MLSID:
HOWARDCC
List Office MLSID:
THAM60
Tax Year:
July 2025-June 2026
Directions:
GPS friendly.
HOA Fee Amount:
$0
Parcel Number:
1999800
Property Tax:
$13,272
Zoning:
CBD-1

Commercial For Sale

147 Bank, New London, 06320

0 Bedrooms
0 Bathrooms
11,894 Sqft
$1,500,000
Listing ID #24150720
Basic Details
Property Type :
Commercial For Sale
Listing Type :
For Sale
Listing ID :
24150720
Price :
$1,500,000
Bedrooms :
0
Bathrooms :
0
Half Bathrooms :
0
Square Footage :
11,894 Sqft
Year Built :
1900
Lot Area :
0.09 Acre
City:
New London
Zipcode:
06320
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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A full-time agent with RE/MAX for 17 years. Marketing Business Degree WCSU. Volunteer Danbury Hospital. RE/MAX Executive Club. Read More…