147 Bank St, New London, CT 06320

Building Details

Year Built

1900

Listing agent Constance Howard

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

Listing date Jun 9, 2026

Source Davejonesrealty

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

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Overview

This fully leased, mixed-use property is a two-story building with a 3,193 SF commercial space on the first floor and three apartments on the second floor. The second-floor apartment area totals 5,508 SF, and the building includes a 3,193 SF basement. The apartments feature high ceilings, large windows, and views of the Thames River. The property was fully renovated in 2017.

Located in the heart of downtown New London at 147 Bank St, the building combines income-producing street-level commercial space with residential units above. The Thames River views from the apartments are a notable amenity within the downtown setting.

As presented, the property is positioned for buyers seeking a turnkey, fully leased mixed-use asset. NOI is approximately $76,536, and financials are available by contacting the office. The seller also indicates the property may be purchased as part of a package with 53 Bank St and 153 Bank Street, which would provide a total of 6 commercial units and 17 apartments.

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

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FAQs

What type of property is this?

Triplex - Fully leased downtown New London building with ground-floor commercial space and apartments on the upper floors.

Where is this triplex located?

The property is located at 147 Bank St New London, CT.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: 11,894 SF, 2‑story mixed‑use building in downtown New London, fully leased; First‑floor commercial space totals 3,193 SF; Second floor includes 3 apartments across 5,508 SF