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35 Bank St New London, CT 06320

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For Sale
$375,000

Landmark theater for refurbishment or repurposing in downtown New London.

Lot size:
0.26 Acres

Property Features for 35 Bank St

General Information

Lot size
0.26 Acres

Building Details

Year built
1920

Source: US Properties Agent Constance Howard

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Historic Theater in Opportunity Zone

This historic theater, a landmark property, is situated in downtown New London within an Opportunity Zone. Originally constructed in 1921 as a Vaudeville theater and later used as a movie theater, the building offers potential for refurbishment or repurposing, including the possibility of adding floors and multiple revenue streams. The building has an 11,000-square-foot footprint, approximately 3,500-square-foot mezzanine, and an 11,000-square-foot basement. The theater formerly seated 2,500. A new roof was installed in 2010. Federal and Historic Tax credits are applicable. The property is located in close proximity to Amtrak and Long Island ferry stations, as well as the future Coast Guard Museum.
Insight Report Location Intelligence

Current Use by Public Records

Hollywood Hotel

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
New London
County
State
Connecticut
Longitude
-72.094217
Latitude
41.353523

FAQs

What type of property is this?
Theater & concert hall - Landmark theater for refurbishment or repurposing in downtown New London.
Where is this theater & concert hall located?
The property is located at 35 Bank St New London, CT.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: - Landmark, historic theater with a large 11,000 SF footprint in downtown New London.; - Located in an Opportunity Zone with potential for multiple revenue streams.; - Eligible for Federal and Historic Tax Credits.
More about this property
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