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    147 Bank St New London, CT 6320

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    For Sale
    $1,500,000

    Fully leased mixed-use property in downtown New London.

    Type:Commercial
    Property size:
    11,894 SF
    Added:
    Apr 24, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 24 at 7:53 pm

    Property Features for 147 Bank St

    General Information

    Standard status
    Active
    Size
    11,894 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

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    Listing Contact
    Susan Howard Cihocki

    Listing agent Susan Howard Cihocki License #REB.0790924

    Listing office U.S. Properties Real Estate Services, LLC

    Listing date Apr 24, 2026

    Source Elliman

    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 U.S. Properties Real Estate Services, LLC


    Overview

    Mixed-Use Building in Downtown

    This is a fully leased, mixed-use property situated in downtown New London. The two-story building encompasses 11,894 square feet, featuring a 3,193-square-foot commercial space on the first floor and three apartments occupying 5,508 square feet on the second floor. The property also includes a 3,193-square-foot basement. The apartments are characterized by high ceilings, large windows, and views of the Thames River. The building underwent a complete renovation in 2017. The Net Operating Income (NOI) is approximately $76,536. This property is an investment opportunity with stable cash flow. The property may be purchased as a package with 53 Bank St and 153 Bank Street for a total of 6 commercial units and 17 Apartments. The bike score is 43, indicating it is somewhat bikeable. The walk score is 65, indicating it is somewhat walkable. The transit score is 29, indicating some transit options are available.
    Location Intelligence

    Current Use by Public Records

    Eagle’s View Luxury ... Apartment Complex Berths on Bank Apartment Building Siam Therapeutic & Spa Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    State
    Connecticut
    Longitude
    -72.095871
    Latitude
    41.352292

    FAQs

    What type of property is this?
    Mixed-use property - Fully leased mixed-use property in downtown New London.
    Where is this mixed-use property located?
    The property is located at 147 Bank St New London, CT.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Fully leased, mixed‑use property in downtown New London.; Stable cash flow with NOI approximately $76,536.; Renovated in 2017.
    More about this property
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