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Equipped Restaurant with Large Kitchen
For Lease
$4,000/Mo

341-345 Bank St, New London, CT 06320

Restaurant space with a large, fully equipped kitchen, bar seating for 20, and dining for 180.

Space SizeContact for details
Property Size4,330 SF
Days on Market39

Property Features for 341-345 Bank St

General Information

Standard status Active
Size 4,330 SF
Total Parking Spaces 6
Property subtype Commercial
Lease Type NNN

Additional Details

Furnished Yes
Commercial Hood Yes

Amenities

bar area
brick fireplace
private event room

Building Details

Building Size 4,330 SF
Year Built 1900
Listing Agency: U.S. Properties Real Estate Services, LLC
Listed By: Constance Howard · License #RES.0798067
Source: Elliman
Added: Jul 22 Changed: Aug 26 Last Checked: Aug 26 at 9:00AM

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

Investment Insights

Based on property information with market context.

Available for lease: 4,330 SF equipped restaurant with a large kitchen and dedicated food preparation area. The kitchen includes a hood, walk-in cooler, 3-bay sink, and food prep space designed for daily operations. The layout also features a bar area for 20, a brick fireplace, and restaurant seating for 180.

In addition to the main dining area, there is a large room suited for private events and it includes a separate entrance. Parking is available for 6 cars in a back lot, along with on-street parking.

The property is situated in close proximity to more than 1,500 apartments and condos near downtown New London, supporting a customer base drawn from nearby residential density.

Key Highlights

  • 4,330 SF restaurant space with a large, fully equipped kitchen including a hood, walk‑in cooler, 3‑bay sink, and food prep area
  • Restaurant seating for 180 plus a bar area for 20
  • Large event‑capable room with a separate entrance for hosting private events

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Computer & Electronic Repair (Bike/Boat/Book/etc) Store Carpet & Flooring Store Auto Parts Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Commercial hood
NNN (Triple Net)
Lease Type
$1.66 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,657
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 100%
Holiday Inn New London - Mystic Area Hotels & Casinos
5,097 visits/mo 0.4 miles

Demographics for 06320, CT

27,398
Population
12,528
Households
2.2
Avg Household Size
34
Median Age
29%
College-Educated
88%
High-School Grad
5.6 sq mi
ZIP Area
4,893
Density / Sq Mi
$60,224
Median Household Income
$34,932
Median Earnings
$1,304
Median Rent
$234,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space with a large, fully equipped kitchen, bar seating for 20, and dining for 180.
Where is this conventional restaurant located?
The property is located at 341-345 Bank St New London, CT.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: 4,330 SF restaurant space with a large, fully equipped kitchen including a hood, walk‑in cooler, 3‑bay sink, and food prep area; Restaurant seating for 180 plus a bar area for 20; Large event‑capable room with a separate entrance for hosting private events
More about this property
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