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27 Bank Street, New London, CT, 06320
Downtown Commercial Building Ready Buildout

27 Bank Street New London, CT 06320

For Sale
$750,000

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

Property Size11,676 SF
Lot Size0.08 Acres
Price / SF$64.23
Days on Market1115

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
Listing Agency: US Properties
Listed By: Constance Howard · License #RES.0798067
Source: Exitrealty
Added: Jul 12, 2023 Changed: Jul 6 Last Checked: Jul 30 at 6:25AM

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.

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.

Key Highlights

  • Approved for 9 apartments and 2 commercial spaces
  • Prime downtown location with high visibility
  • Large 11,656 SF building ready for buildout

Property Analytics

Property Profile Location Intelligence

Current Use

Retail space

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tech Support Center Veterinary Clinic Pet Grooming Service

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

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
More about this property
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