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Retail Storefront With Small Patio
For Lease
Contact for pricing

24 Bank St, New London, CT 06320

Two contiguous retail/commercial units offer high ceilings, hardwood floors, central AC, and a small front patio.

Space SizeContact for details
Property Size1,500 SF
Days on Market304

Property Features for 24 Bank St

General Information

Standard status Active
Size 1,500 SF
Property subtype RETAIL
Lease Type SF/yr

Amenities

high ceilings
hardwood floors
central AC
small patio

Spaces For Lease

at 24 Bank St Contact us

24 Bank St $15/SF/Yr

Contact us
Listing Agency: U.S. Properties
Listed By: Susan Howard · License #REB.0790910
Source: Moodyscre
Added: Oct 9, 2025 Changed: Jul 26 Last Checked: Aug 7 at 2:06AM

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

Investment Insights

Based on property information with market context.

Two contiguous retail/commercial storefront units are available, each with approximately 1,500 square feet, and can be opened up to create a single 3,000-square-foot space. The interiors feature high ceilings, hardwood floors, and central AC.

A small patio is located out front for outdoor seating. The property is in downtown New London near the corner of Bank Street and State Street, close to the train and ferry stations, and positioned next to The Dockside Bar & Grill on the water side of Bank Street.

For tenants seeking flexible space configurations, the existing unit layout supports either separate occupancy or a combined larger storefront.

Key Highlights

  • Two contiguous 1,500 SF retail/commercial units in downtown New London near Bank St & State St.
  • High ceilings and hardwood floors throughout both units.
  • Central AC in both units.

Property Analytics

Current Use

Neighborhood Sole (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tech Support Center Veterinary Clinic Pet Grooming Service

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,727
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 100%
Holiday Inn New London - Mystic Area Hotels & Casinos
5,097 visits/mo 0.3 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

Lease Benchmarks for New London, CT

$18.41 /SF/Yr
Avg Asking Price
$4.77–$37.89 /SF/Yr
Price Range
19,245 SF
Avg Space Size

This space is priced 19% below the average of $18.41 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Retail space - Two contiguous retail/commercial units offer high ceilings, hardwood floors, central AC, and a small front patio.
Where is this retail space located?
The property is located at 24 Bank St New London, CT.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Two contiguous 1,500 SF retail/commercial units in downtown New London near Bank St & State St.; High ceilings and hardwood floors throughout both units.; Central AC in both units.
(860) 437-0101 Call to check price and availability
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