Waterfront Restaurant with Outdoor
For Lease
$1,200,000
52 Bank St, New London, CT 06320
Renovated restaurant/bar with large deck and water views.
Space SizeContact for details
Days on Market269
Property Features for 52 Bank St
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$11,989
Listing Agency:
U.S. Properties Real Estate Services, LLC
(615) 293-3878
Listed By:
Constance Howard · License #RES.0798067
(615) 293-3878
Source:
Exprealty
Added: Dec 3, 2025
Changed: Aug 25
Last Checked: Aug 26 at 11:09AM
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 Real Estate Services, LLC
Investment Insights
Based on property information with market context.
This longstanding bar and restaurant features 3,632 square feet of interior space with seating for 130 patrons. A 1,321-square-foot outdoor deck provides additional seating for 50. The buildings underwent a complete renovation in 2022, including new appliances, utilities, and a new roof. The property includes two handicap-accessible bathrooms, plus two additional bathrooms, one of which has a shower. Heating is provided by natural gas and propane, and the space is cooled by a split-unit A/C system. The property is located in close proximity to the train station and ferries and offers water views. It is situated within the City of New London's Enterprise Zone and a Federal Opportunity Zone. The business only is for sale for $300,000.
Key Highlights
- Large waterfront deck (1,321 SF) with seating for 50.
- Completely renovated in 2022 with new appliances, utilities, and roof.
- Established bar/restaurant with inside seating for 130.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,727
Businesses Nearby
5k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 100%
Holiday Inn New London - Mystic Area
Hotels & Casinos
5,097 visits/mo
0.3 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
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Similar Off Market Nearby
- Six String Cafe — 639 Bank St, New London, CT 06320
- Shalonda's 4th & Goal — 345 Bank St, New London, CT 06320
- The Social Bar + Kitchen — 208 Bank St, New London, CT 06320
- Hygienic Art — 79 Bank St, New London, CT 06320
- Dutch Tavern — 23 Green St, New London, CT 06320
Frequently Asked Questions
What type of property is this?
Bar & Pub - Renovated restaurant/bar with large deck and water views.
Where is this bar & pub located?
The property is located at 52 Bank St New London, CT.
What is the lease rate?
The lease rate is $1,200,000.
What are key features of this property?
This property features: Large waterfront deck (1,321 SF) with seating for 50.; Completely renovated in 2022 with new appliances, utilities, and roof.; Established bar/restaurant with inside seating for 130.
