Downtown Commercial Building Ready Buildout

27 Bank Street, New London, CT 06320

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For Sale

$750,000

Four-story, 11,656 SF commercial building with development opportunity.

Type:Commercial/Industrial

Property size:

11,676 SF

Lot size:

0.08 Acres

Price / SF:

$64/SF

HighLights

Approved for 9 apartments and 2 commercial spaces
Prime downtown location with high visibility
Large 11,656 SF building ready for buildout
Includes a 2,919 SF basement
Close proximity to Amtrak station and future USCG Museum
Architectural renderings and 2021 appraisal available

We can help!

Listing Contact

Constance Howard

For Sale

$750,000

Four-story, 11,656 SF commercial building with development opportunity.

Type:Commercial/Industrial

Property size:

11,676 SF

Lot size:

0.08 Acres

Price / SF:

$64/SF

Added:: Jul 13, 2023
Days on Market:: 1066
Last Refresh:: May 20 at 12:35 am

Property Features for 27 Bank Street

General Information

Standard status: Active
Size: 11,676 SF
Lot size: 0.08 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1875

We can help!

Listing Contact

Constance Howard

Listing agent Constance Howard License #RES.0798067

Listing office US Properties

Listing date Jul 13, 2023

Source Exitrealty

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

HighLights

Approved for 9 apartments and 2 commercial spaces
Prime downtown location with high visibility
Large 11,656 SF building ready for buildout
Includes a 2,919 SF basement
Close proximity to Amtrak station and future USCG Museum
Architectural renderings and 2021 appraisal available

Overview

This four-story commercial building, located in the heart of downtown, offers 11,656 square feet of space. The interior has been gutted and is ready for buildout. City approvals are in place for the development of 9 apartments and 2 commercial spaces. The property includes a 2,919 square foot basement. An appraisal from 2021 is available, along with architectural renderings. The building benefits from high visibility and presents a development opportunity in close proximity to the Amtrak station and the future USCG Museum.

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: New London
County
State: Connecticut
Longitude: -72.0942
Latitude: 41.3535

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For sale
Mixed-use properties
CT
New London
06320
27 Bank Street

What type of property is this?

Mixed-use property - Four-story, 11,656 SF commercial building with development opportunity.

Where is this mixed-use property located?

The property is located at 27 Bank Street New London, CT.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Approved for **9 apartments and 2 commercial spaces**; **Prime downtown location with high visibility**; Large 11,656 SF building ready for buildout