Downtown New London Retail/Office
27 Bank St, New London, CT 06320
For Lease
$1,750/Mo
Office and retail spaces for lease in downtown New London.
Space SizeContact for details
Property Size5,200 SF
Lot Size0.08 Acres
Days on Market243
Property Features for 27 Bank St
General Information
Standard status
Size
Lot size
Property subtype
Building Details
Building Size
Year Built
Stories
Listing Agency:
U.S. Properties Real Estate Services, LLC
Listed By:
Constance Howard · License #RES.0798067
(615) 293-3878
Source:
Elliman
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 8 at 6:22AM
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
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Investment Insights
Based on property information with market context.
Two office and retail spaces are available for lease in the heart of downtown New London. The first space offers 2,800 square feet on the street level for $1,750 per month. The second space provides 2,400 square feet on the lower level for $1,250 per month. The property benefits from great visibility and foot traffic and is in close proximity to the Amtrak and ferry station. The property is currently under construction. The tenant is responsible for utilities and interior maintenance.
Key Highlights
- Prime downtown New London location with high visibility and foot traffic.
- Two office/retail spaces available: 2,800 SF street level and 2,400 SF lower level.
- Competitive monthly rent: $1,750 for street level and $1,250 for lower level.
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.13 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,727
Businesses Nearby
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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
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Market
Lease Benchmarks for New London, CT
$15.69 /SF/Yr
Avg Asking Price
$4.04–$37.89 /SF/Yr
Price Range
16,767 SF
Avg Space Size
This space is priced 52% below the average of $15.69 /SF/Yr.
Average Price Trend$/SF/Yr for Retail space in New London, CT
Properties on Market for Retail space in New London
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Office and retail spaces for lease in downtown New London.
Where is this retail space located?
The property is located at 27 Bank St New London, CT.
What is the lease rate?
The lease rate is $1,750/Mo.
What are key features of this property?
This property features: Prime downtown New London location with high visibility and foot traffic.; Two office/retail spaces available: **2,800 SF street level** and **2,400 SF lower level**.; Competitive monthly rent: $1,750 for street level and $1,250 for lower level.
