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Conventional Restaurant with Bar
For Lease
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341 Bank St, New London, CT 06320

Dining space includes seating areas, private-party areas, and a bar-and-grill configuration.

Space Size4,330 SF
Property Size9,988 SF
Days on Market150

Property Features for 341 Bank St

General Information

Standard status Active
Size 4,330 SF
Net Rentable 4,330 SF
Property subtype Restaurant
Lease Type NNN

Space & Availability

Available Space 4,330 SF
Contiguous Space 4,330 SF
Space Use Restaurant

Building Details

Building Size 9,988 SF
Tenancy Single

Spaces For Lease

at 341 Bank St Contact us

Available Space $12.50/SF/Yr

Size
4,330 SF
Type
Restaurant
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Londregan Commercial Real Estate Group
Listed By: William Bill Kane · License #CT RES.0770182
Source: Crexi
Added: Apr 6 Changed: Aug 30 Last Checked: Aug 30 at 10:31PM

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 Londregan Commercial Real Estate Group

Investment Insights

Based on property information with market context.

This 4,330-square-foot restaurant space at 341 Bank St includes designated seating areas, space for private parties, and a bar-and-grill setup. The premises previously accommodated restaurant operations and is configured for food service use.

Parking includes a limited number of private spaces in the rear lot, supplemented by on-street parking along three sides of the property. The property is located in New London, Connecticut, within the 06320 ZIP code.

Key Highlights

  • 4,330‑square‑foot restaurant space
  • Seating areas and space for private parties
  • Bar‑and‑grill configuration

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Computer & Electronic Repair (Bike/Boat/Book/etc) Store Carpet & Flooring Store Auto Parts Store Tech Support Center

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
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,657
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 100%
Holiday Inn New London - Mystic Area Hotels & Casinos
5,097 visits/mo 0.4 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

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?
Conventional restaurant - Dining space includes seating areas, private-party areas, and a bar-and-grill configuration.
Where is this conventional restaurant located?
The property is located at 341 Bank St New London, CT.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: 4,330‑square‑foot restaurant space; Seating areas and space for private parties; Bar‑and‑grill configuration
More about this property
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