Mixed-Use Property with
For Sale
Contact for pricing
345 Bank St, New London, CT 06320
Maintained mixed-use building combining a street-level restaurant with residential units above.
Property SizeContact for details
Days on Market143
Property Features for 345 Bank St
General Information
Standard status
Active
Property subtype
Mixed Use, Multifamily
Building Details
Tenancy
Multi
Listing Agency:
Londregan Commercial Real Estate Group
Listed By:
William Bill Kane · License #CT RES.0770182
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 6:41PM
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 mixed-use property at 345 Bank St includes a street-level restaurant and three residential apartments. The configuration places the commercial space at grade with the apartments above, creating a combined residential and restaurant layout. The building has been maintained, and the existing tenants are paying rent.
An off-street parking lot serves the three residential tenants and the restaurant. The property is within walking distance of the National Coast Guard museum under construction, an offshore wind project, and the Electric Boat Division of General Dynamics. The restaurant space also has a prospective tenant identified for June 1, although that tenancy is not guaranteed.
An off-street parking lot serves the three residential tenants and the restaurant. The property is within walking distance of the National Coast Guard museum under construction, an offshore wind project, and the Electric Boat Division of General Dynamics. The restaurant space also has a prospective tenant identified for June 1, although that tenancy is not guaranteed.
Key Highlights
- Three residential apartments above a street‑level restaurant
- Off‑street parking lot serving the residential tenants and restaurant
- Existing tenants are working and paying rent
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,657
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Maintained mixed-use building combining a street-level restaurant with residential units above.
Where is this mixed-use property located?
The property is located at 345 Bank St New London, CT.
What are key features of this property?
This property features: Three residential apartments above a street‑level restaurant; Off‑street parking lot serving the residential tenants and restaurant; Existing tenants are working and paying rent
