Downtown New London Office/Retail
For Lease
$1,750/Mo
27 Bank Street, New London, CT 06320
Office and retail spaces for lease in downtown New London.
Space SizeContact for details
Lot Size0.08 Acres
Days on Market1258
Property Features for 27 Bank Street
General Information
Standard status
Active
Lot size
0.08 Acres
Property subtype
Commercial
Amenities
Hot Air Heating
Tar/Gravel Roof
Building Details
Year Built
1875
Listing Agency:
US Properties
(860) 437-0101
Listed By:
CONSTANCE HOWARD · License #RES.0798067
Source:
Corcoran
Added: Mar 13, 2023
Changed: Aug 8
Last Checked: Aug 8 at 4:40AM
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 US Properties
Investment Insights
Based on property information with market context.
Located in the heart of downtown New London, this property offers two office or retail spaces. The street-level space provides 2,800 square feet and is available for $1,750 per month. The lower-level space offers 2,400 square feet for $1,250 per month. The property benefits from high visibility and foot traffic and is in close proximity to the Amtrak and ferry station. The property is currently under construction. The tenant is responsible for utilities and interior maintenance.
Key Highlights
- Prime downtown New London location.
- High visibility and foot traffic.
- Two available spaces: a spacious 2,800 SF street level and a 2,400 SF lower level.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.61 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,727
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for New London, CT
$13.62 /SF/Yr
Avg Asking Price
$2.48–$27.44 /SF/Yr
Price Range
12,933 SF
Avg Space Size
This space is priced 70% below the average of $13.62 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office and retail spaces for lease in downtown New London.
Where is this office units located?
The property is located at 27 Bank Street New London, CT.
What is the lease rate?
The lease rate is $1,750/Mo.
What are key features of this property?
This property features: Prime downtown New London location.; High visibility and foot traffic.; Two available spaces: a spacious 2,800 SF street level and a 2,400 SF lower level.
