Downtown Commercial Building with Patio

200 Bank Street, New London, CT 06320

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For Sale

$475,000

COMMERCIAL - New London, CT

Property size:

4,728 SF

Lot size:

0.08 Acres

Price / SF:

$100/SF

HighLights

Commercial building built in 1939 with central air and public water and public sewer.
Over 4,700+ SF of versatile interior space configured as two separate units.
Includes an additional 586 SF patio.
Currently leased to a single restaurant tenant that occupies the entire building; building is configured for two units.
Sale includes the building only; the restaurant business is not included.
Potential for mixed‑use development with residential apartments above, subject to approvals.

We can help!

Listing Contact

Christopher Torrez

Learn more

For Sale

$475,000

COMMERCIAL - New London, CT

Property size:

4,728 SF

Lot size:

0.08 Acres

Price / SF:

$100/SF

Added:: Feb 23, 2026
Days on Market:: 107
Last Refresh:: Jun 10 at 6:06 pm

Property Features for 200 Bank Street

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: CBD-1
Bathrooms: 2
Rooms: Bathroom 2, Bathroom 1
Standard status: Active
Size: 4,728 SF
Lot size: 0.08 Acres

Taxes and HOA fees

Tax Year: 2026
Tax Annual Amount: 8826

Utilities

Sewer type: Public Sewer
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1939

We can help!

Listing Contact

Christopher Torrez

Listing agent Christopher Torrez License #RES. 0042952

Listing office RE/MAX One 212 Route 32, Waterford, CT

Listing date Feb 23, 2026

MLS# 24155567

HighLights

Commercial building built in 1939 with central air and public water and public sewer.
Over 4,700+ SF of versatile interior space configured as two separate units.
Includes an additional 586 SF patio.
Currently leased to a single restaurant tenant that occupies the entire building; building is configured for two units.
Sale includes the building only; the restaurant business is not included.
Potential for mixed‑use development with residential apartments above, subject to approvals.

Overview

Located in downtown New London, this commercial building offers over 4,700 square feet of interior space and an additional 586 square foot patio. The property is currently configured as two separate units and is leased to a single tenant operating a restaurant. Situated in a high-visibility, high-foot-traffic location, the property benefits from surrounding retail, dining, and waterfront attractions. The building is suitable for continued use as a restaurant, reconfiguration for mixed commercial tenants, or redevelopment. There is potential to build upward and add residential apartments above, creating a mixed-use investment (subject to approvals). The sale includes the building only. The property is located at 200 Bank Street, New London, CT 06320. The lot size is 0.08 acres. The zoning is CBD-1.

Location Intelligence

Current Use by Public Records

Mambo Bar & Restaurant Restaurant

Suggested Use

Similar Places Nearby

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Location Insight

Map
Local Demand

City: New London
County
State: Connecticut
Longitude: -72.096203
Latitude: 41.351955

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For sale
Storefront properties
CT
New London
06320
200 Bank Street

What type of property is this?

Storefront property - Versatile commercial building in New London's vibrant downtown district.

Where is this storefront property located?

The property is located at 200 Bank Street New London, CT.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: Commercial building built in 1939 with central air and public water and public sewer.; Over 4,700+ SF of versatile interior space configured as two separate units.; Includes an additional 586 SF patio.

200 Bank Street, New London, CT 06320

COMMERCIAL - New London, CT

Property Features for 200 Bank Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Charming Historic Seaside District Hotel

Professional Condominium For Sale

Four-Family Residential Income Property

Turnkey Three-Family Income Property

Remodeled Two-Family Home Near EB

Downtown New London Commercial Building

Historic Mixed-Use Building For Sale

New London Two-Family Property

Downtown New London Office/Retail Building

Boutique Seaside Hotel

Freestanding Commercial Building with Drive-Throughs

Downtown New London Office/Retail Building

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