Four-Story Mixed-Use
For Sale
Contact for pricing
27 Bank St, New London, CT 06320
Gutted four-story building with city approvals for residential apartments and two commercial spaces, ready for buildout.
Property Size11,656 SF
Price / SF$64.34
Days on Market305
Property Features for 27 Bank St
General Information
Standard status
Active
Size
11,656 SF
Property subtype
RETAIL
Additional Details
Public Transit
Yes
Building Details
Buildings
1
Stories
4
Listing Agency:
U.S. Properties
(860) 437-0101
Listed By:
Connie Howard
Source:
Moodyscre
Added: Oct 8, 2025
Changed: Jul 30
Last Checked: Jul 30 at 9:48AM
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.
This four-story mixed-use building is offered gutted and ready for buildout. The property totals 11,656 SF, including a 2,919 SF basement. City approvals are in place for 9 apartments and 2 commercial spaces, providing a defined path for redevelopment.
The site is positioned in the heart of downtown with great visibility. It is located in close proximity to the Amtrak station and the future USCG Museum, supporting the building’s mixed-use concept.
A 2021 appraisal is available, and architectural renderings are provided, offering material to help frame the approved redevelopment plan.
The site is positioned in the heart of downtown with great visibility. It is located in close proximity to the Amtrak station and the future USCG Museum, supporting the building’s mixed-use concept.
A 2021 appraisal is available, and architectural renderings are provided, offering material to help frame the approved redevelopment plan.
Key Highlights
- Four‑story mixed‑use building with 11,656 SF total building area
- 2,919 SF basement included
- City approvals for 9 apartments and 2 commercial spaces
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,727
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 Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Gutted four-story building with city approvals for residential apartments and two commercial spaces, ready for buildout.
Where is this mixed-use property located?
The property is located at 27 Bank St 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: Four‑story mixed‑use building with 11,656 SF total building area; 2,919 SF basement included; City approvals for 9 apartments and 2 commercial spaces
