Downtown Commercial Building Ready
27 Bank Street New London, CT 06320
For Sale
$750,000
Four-story, 11,656 SF commercial building with development opportunity.
Property Size11,676 SF
Lot Size0.08 Acres
Price / SF$64.23
Days on Market1115
Property Features for 27 Bank Street
General Information
Standard status
Active
Size
11,676 SF
Lot size
0.08 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1875
Listing Agency:
US Properties
(615) 293-3878
Listed By:
Constance Howard · License #RES.0798067
(615) 293-3878
Source:
Exitrealty
Added: Jul 12, 2023
Changed: Jul 6
Last Checked: Jul 30 at 6:25AM
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
Investment Insights
Based on property information with market context.
This four-story commercial building, located in the heart of downtown, offers 11,656 square feet of space. The interior has been gutted and is ready for buildout. City approvals are in place for the development of 9 apartments and 2 commercial spaces. The property includes a 2,919 square foot basement. An appraisal from 2021 is available, along with architectural renderings. The building benefits from high visibility and presents a development opportunity in close proximity to the Amtrak station and the future USCG Museum.
Key Highlights
- Approved for 9 apartments and 2 commercial spaces
- Prime downtown location with high visibility
- Large 11,656 SF building ready for buildout
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four-story, 11,656 SF commercial building with development opportunity.
Where is this mixed-use property located?
The property is located at 27 Bank Street New London, CT.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Approved for **9 apartments and 2 commercial spaces**; **Prime downtown location with high visibility**; Large 11,656 SF building ready for buildout