Bank Building with Parking and
43 Pennsylvania Ave Niantic, CT 06357
For Lease
$1,125,000 SF/Yr
Bank building on a paved, parking-ready site with ADA-compliant entrances and central heat and air installed in 2022.
Property Size3,065 SF
Lot Size0.79 Acres
Days on Market175
Property Features for 43 Pennsylvania Ave
General Information
- Standard status
- Active
- Size
- 3,065 SF
- Lot size
- 0.79 Acres
Listing Agency:
Berkshire Hathaway NE Prop.
(203) 401-4203
Listed By:
Whitney Easton · License #RES.0835455
(203) 401-4203
Source:
Exprealty
Added: Jan 29
Changed: Jul 22
Last Checked: Jul 23 at 2:30PM
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 Berkshire Hathaway NE Prop.
Investment Insights
Based on property information with market context.
This former bank property at 43 Pennsylvania Avenue was constructed in 1972 and offers a versatile commercial footprint. The building includes ADA-compliant entrances and is supported by robust utilities, including a 300-amp, 3-phase electrical service. A central heat and air conditioning system was installed in 2022, providing a modern HVAC base for a wide range of tenant and adaptive reuse concepts.
The site includes ample on-site parking and asphalt paving, supporting straightforward customer and employee access in a walkable downtown setting in Niantic.
As of July 10, 2025, zoning regulation updates for the CB District are described as significantly more supportive of commercial and mixed-use development, with expanded flexibility, broader permitted uses, clearer dimensional standards, and additional support for mixed-use development in both new and existing structures. The zoning changes also reference several use categories permitted by right and new special permit uses, along with increased front yard setback flexibility.
The site includes ample on-site parking and asphalt paving, supporting straightforward customer and employee access in a walkable downtown setting in Niantic.
As of July 10, 2025, zoning regulation updates for the CB District are described as significantly more supportive of commercial and mixed-use development, with expanded flexibility, broader permitted uses, clearer dimensional standards, and additional support for mixed-use development in both new and existing structures. The zoning changes also reference several use categories permitted by right and new special permit uses, along with increased front yard setback flexibility.
Key Highlights
- Approximately 3,065 SF former bank building on a 0.79‑acre parcel in downtown Niantic, with ample on‑site parking and asphalt paving
- 300‑amp, 3‑phase electrical service and ADA‑compliant entrances
- Central heat and air conditioning system installed in 2022
Property Analytics
Location Intelligence
Current Use by Public Records
Citizens
Bank
Citizens ATM
Atm
FAQs
What type of property is this?
Bank - Bank building on a paved, parking-ready site with ADA-compliant entrances and central heat and air installed in 2022.
Where is this bank located?
The property is located at 43 Pennsylvania Ave Niantic, CT.
What is the lease rate?
The lease rate is $1,125,000.
What are key features of this property?
This property features: Approximately 3,065 SF former bank building on a 0.79‑acre parcel in downtown Niantic, with ample on‑site parking and asphalt paving; 300‑amp, 3‑phase electrical service and ADA‑compliant entrances; Central heat and air conditioning system installed in 2022
