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    Mixed-Use Building with Retail and Apartments Title is generated by Realmo AI

    153 Bank St, New London, CT 06320

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    For Sale
    $1,725,000

    A 3-story mixed-use building combining ground-floor retail units with apartments above in downtown New London.

    Type:Commercial
    Property size:
    17,378 SF
    Price / SF:
    $99/SF
    Added:
    Jun 15, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 16 at 2:34 am

    Property Features for 153 Bank St

    General Information

    Standard status
    Active
    Size
    17,378 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1927

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    Listing Contact
    Constance Howard

    Listing agent Constance Howard

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

    Listing date Jun 15, 2026

    Source Davejonesrealty

    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

    HighLights

    • Mixed‑use 3‑story building (17,378 SF) with 4 commercial units on the ground level and 6 apartments on the 2nd and 3rd floors
    • Commercial space totals 3,942 SF on the ground floor; apartments total 7,884 SF across the 2nd and 3rd floors
    • Includes 3,942 SF basement; building year built 1927
    • NOI approximately $117,227; two commercial units recently vacant with potential to increase NOI
    • Downtown New London location

    Overview

    This 3-story mixed-use building at 153 Bank St includes four commercial units on the ground level and six apartments on the second and third floors. The property totals 17,378 SF, with 3,942 SF of ground-floor commercial space and 7,884 SF for the apartment levels. A 3,942 SF basement is also included, providing additional building area.

    Located in the heart of downtown New London, the building’s commercial component is positioned at street level, while the residential units occupy the upper floors. The configuration supports a true live-and-work style setup, with separate space types on different levels within the same structure.

    For investors and operators, the mix of retail and residential provides flexibility in how the property is managed day to day. Two of the commercial units are recently vacant, which may allow for re-tenanting opportunities on the ground floor. The building is offered for sale, and financial details are available through the listing office.
    Location Intelligence

    Current Use by Public Records

    Eye Love Lashes ... Hair Salon Beautè Luxe by ... Hair Salon Lily Esthetics Hair Salon Sweet Lashes Hair Salon Lashes by Lee ... Vocational School

    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?
    Apartment building - A 3-story mixed-use building combining ground-floor retail units with apartments above in downtown New London.
    Where is this apartment building located?
    The property is located at 153 Bank St New London, CT.
    What is the asking price?
    The asking price for this property is $1,725,000.
    What are key features of this property?
    This property features: Mixed‑use 3‑story building (17,378 SF) with 4 commercial units on the ground level and 6 apartments on the 2nd and 3rd floors; Commercial space totals 3,942 SF on the ground floor; apartments total 7,884 SF across the 2nd and 3rd floors; Includes 3,942 SF basement; building year built 1927
    More about this property
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