27 Bank St New London, CT 06320

Building Details

Year Built

1875

Listing Agency US Properties Inc

Listed by Connie Howard · License #CT

Source Crexi

Added: Jul 18, 2023 Checked: Jul 16 at 12:48 pm

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Investment Insights

Based on property information with market context.

This four-story commercial building, totaling 11,656 square feet, is located in downtown. The building 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 property offers visibility and presents a development opportunity, in close proximity to the Amtrak station and the future USCG Museum.

Key Highlights

• City approvals for 9 apartments and 2 commercial spaces.
• 11,656 SF commercial building in the heart of downtown ready for buildout.
• Great visibility and development opportunity.

Property Analytics

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FAQs

What type of property is this?

Mixed-use property - Four-story, 11,656 SF building with approvals for mixed-use development.

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: City approvals for 9 apartments and 2 commercial spaces.; **11,656 SF commercial building in the heart of downtown ready for buildout.**; Great visibility and development opportunity.