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Waterfront Bar & Pub
For Sale
$1,200,000

52 Bank St, New London, CT 06320

Renovated hospitality venue with indoor dining, an expansive outdoor deck, and water views near rail and ferry connections.

Property Size1,952 SF
Price / SF$614.75
Days on Market45

Property Features for 52 Bank St

General Information

Standard status Active
Size 1,952 SF

Financials

Asking Price $1,200,000
Business Included Yes
Opportunity Zone Yes

Additional Details

Utilities to Site Yes
Patio Yes

Amenities

handicap accessible bathrooms
additional bathrooms
shower
natural gas and propane heat
split unit air conditioning
close to train station
close to ferries
water views

Building Details

Year Built 1945
Year Renovated 2022
Listing Agency: U.S. Properties Real Estate Services, LLC
Listed By: Constance Howard · License #RES.0798067
Source: Homesbyshoshana
Added: Jul 17 Changed: Aug 29 Last Checked: Aug 30 at 8:53PM

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 bar and pub property includes a 3,632-square-foot interior with restaurant seating for 130 and a 1,321-square-foot exterior deck accommodating 50 guests. The buildings underwent a complete renovation in 2022, including replacement of the appliances, utilities, and roof. The layout also provides two handicap-accessible bathrooms, two additional bathrooms, and one shower.

Heating is provided by natural gas and propane, with split-unit air conditioning serving the building. The property is near a train station and ferry services and offers views over the water. It is situated within New London's Enterprise Zone and Federal Opportunity Zone.

Key Highlights

  • 3,632 SF interior with seating for 130
  • 1,321 SF outdoor deck with seating for 50
  • Complete building renovation completed in 2022

Property Analytics

Current Use

Fisher’s Island Ferry Tour Operator The blue duck bar ... Restaurant

Suggested Use

Top Pick Computer & Electronic Repair Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tech Support Center Veterinary Clinic Pet Grooming Service

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

Turnkey business
Opportunity
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,727
Businesses Nearby
5k
Monthly Visits Nearby
Well-served
Demand for This Use

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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 hospitality venue with indoor dining, an expansive outdoor deck, and water views near rail and ferry connections.
Where is this bar & pub located?
The property is located at 52 Bank St New London, CT.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 3,632 SF interior with seating for 130; 1,321 SF outdoor deck with seating for 50; Complete building renovation completed in 2022
More about this property
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