Downtown Mixed-Use
For Sale
Contact for pricing
219 Bank Street, New London, CT 06320
Mixed-use building with 5,184 SF of first-floor retail space and residential and office units on the second floor.
Property Size15,840 SF
Days on Market126
Property Features for 219 Bank Street
General Information
Standard status
Active
Size
15,840 SF
Total Parking Spaces
20
Property subtype
Retail, Multifamily, Office, Mixed Use
Units
Multifamily Units
2
Office Units
8
Additional Details
Opportunity Zone
Yes
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
US Properties Inc
(860) 437-0101
Listed By:
Connie Howard · License #CT
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 4:08PM
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 US Properties Inc
Investment Insights
Based on property information with market context.
This mixed-use building totals 15,840 SF in downtown New London, offering income-producing commercial and second-floor space. The first floor comprises 5,184 SF with four commercial spaces, three currently available for lease. The second floor includes two apartments and eight offices, with views of the Thames River.
A tenant mix includes a pizza shop and two apartments, and the property also provides parking for 20 cars.
The building’s layout supports both street-level retail activity and day-to-day office and residential use within the same structure, making it a straightforward option for an owner seeking multiple streams of occupancy.
A tenant mix includes a pizza shop and two apartments, and the property also provides parking for 20 cars.
The building’s layout supports both street-level retail activity and day-to-day office and residential use within the same structure, making it a straightforward option for an owner seeking multiple streams of occupancy.
Key Highlights
- 15,840 SF mixed‑use building in downtown New London, located in an Opportunity Zone
- First‑floor retail totals 5,184 SF with 4 commercial spaces; 3 spaces available for lease
- Second floor includes 2 apartments and 8 offices with views of the Thames River
Property Analytics
Current Use
Lease Details
8
Office units
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,657
Businesses Nearby
Explore this area
Business Placement
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 Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building with 5,184 SF of first-floor retail space and residential and office units on the second floor.
Where is this mixed-use property located?
The property is located at 219 Bank Street New London, CT.
What are key features of this property?
This property features: 15,840 SF mixed‑use building in downtown New London, located in an Opportunity Zone; First‑floor retail totals 5,184 SF with 4 commercial spaces; 3 spaces available for lease; Second floor includes 2 apartments and 8 offices with views of the Thames River
