Historic Mixed-Use Waterfront
For Sale
$1,400,000
109-111 Bank Street, New London, CT 06320
Historic mixed-use property in downtown New London's Bank Street district.
Property Size15,511 SF
Price / SF$199.35
Days on Market111
Property Features for 109-111 Bank Street
General Information
Standard status
Active
Size
15,511 SF
Property subtype
Commercial
Zoning
CBD-1
Taxes and HOA fees
Annual Taxes
$18,135
Building Details
Building Size
15,511 SF
Year Built
1790
Listing Agency:
Parker Benjamin Real Estate SE
(203) 710-9886
Listed By:
Shannon Healy
(203) 710-9886
Source:
Westshorerealty
Added: May 6
Changed: Aug 23
Last Checked: Aug 23 at 9:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Parker Benjamin Real Estate SE
Investment Insights
Based on property information with market context.
The Bulkeley House, constructed in 1790, is a historic mixed-use property situated in downtown New London's Bank Street district. The property contains approximately 7,023 square feet and features a restaurant layout, private dining and event areas, and an outdoor patio and pavilion space totaling over 4,500 square feet. The site benefits from access to a city-owned parking lot. Prepared permit set redevelopment drawings by DJLU Architect contemplate a mixed-use conversion featuring a ground-floor restaurant and hospitality concept with residential apartments on the upper floors. The property may also qualify for state and federal historic tax credits. The location is positioned within walking distance of Union Station, Cross Sound Ferry, and the future National Coast Guard Museum, which is currently under development on the waterfront. Additional regional growth drivers include Electric Boat's continued workforce expansion and significant ongoing investment throughout downtown New London. The property is located between Tox Brewing Company and Hygienic Art.
Key Highlights
- Historic waterfront Bulkeley House, built in 1790, located in downtown New London's Bank Street district.
- Large existing restaurant layout with private dining/event areas and an expansive outdoor patio and pavilion space (over 4,500 SF).**
- Located between Tox Brewing Company and Hygienic Art.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,727
Businesses Nearby
5k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 100%
Holiday Inn New London - Mystic Area
Hotels & Casinos
5,097 visits/mo
0.3 miles
Demographics for 06320, CT
27,398
Population
12,528
Households
2.2
Avg Household Size
34
Median Age
29%
College-Educated
88%
High-School Grad
5.6 sq mi
ZIP Area
4,893
Density / Sq Mi
$60,224
Median Household Income
$34,932
Median Earnings
$1,304
Median Rent
$234,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic mixed-use property in downtown New London's Bank Street district.
Where is this mixed-use property located?
The property is located at 109-111 Bank Street New London, CT.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Historic waterfront Bulkeley House, built in 1790, located in downtown New London's Bank Street district.; Large existing restaurant layout with private dining/event areas and an expansive outdoor patio and pavilion space (over 4,500 SF).**; Located between Tox Brewing Company and Hygienic Art.
