Downtown Restaurant Building with
200 Bank Street New London, CT 06320
For Sale
$475,000
COMMERCIAL - New London, CT
Property Size4,728 SF
Lot Size0.08 Acres
Price / SF$100.47
Days on Market152
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
Listing Agency:
RE/MAX One
(860) 444-7362
Listed By:
Christopher Torrez · License #RES. 0042952
(401) 952-8432
Added: Feb 23
Changed: Jul 19
Last Checked: Jul 25 at 9:06PM
MLS# 24155567
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained commercial building provides versatile interior space currently configured as two separate units. It is presently leased to a single tenant restaurant that occupies the entire building, with an additional patio space included as part of the property.
The property is zoned CBD-1 and is located at 200 Bank Street in New London, CT. Sale includes the building only; the restaurant business is not included in the sale.
The existing setup offers ongoing income while keeping the opportunity for future flexibility based on the two-unit configuration. The property also notes potential to build upward and add residential apartments above, subject to approvals.
The property is zoned CBD-1 and is located at 200 Bank Street in New London, CT. Sale includes the building only; the restaurant business is not included in the sale.
The existing setup offers ongoing income while keeping the opportunity for future flexibility based on the two-unit configuration. The property also notes potential to build upward and add residential apartments above, subject to approvals.
Key Highlights
- Downtown New London commercial building with 4,700+ SF of versatile interior space plus a 586 SF patio
- Building is configured as two separate units; currently leased to a single tenant restaurant operating the entire building
- Sale includes the building only; the restaurant business is not included
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mambo Bar & Restaurant
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Well-maintained building offers two configured units with an attached patio, currently leased to a single restaurant tenant.
Where is this conventional restaurant 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: Downtown New London commercial building with 4,700+ SF of versatile interior space plus a 586 SF patio; Building is configured as two separate units; currently leased to a single tenant restaurant operating the entire building; Sale includes the building only; the restaurant business is not included
