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Renovated Mixed-Use Property
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90 Bank Street, New London, CT 06320

Eight apartments are combined with two retail storefronts and an industrial/flex space in a waterfront setting.

Property Size12,311 SF
Price / SF$154.33
Days on Market49

Property Features for 90 Bank Street

General Information

Standard status Active
Size 12,311 SF
Property subtype Retail, Multifamily, Mixed Use
Occupancy 100%
Lease Type Gross
Investment Type Value Add

Additional Details

Multifamily Units 8

Building Details

Year Built 1900
Year Renovated 2019
Buildings 2
Units 10
Tenancy Multi
Listing Agency: Lakeshore Realty
Listed By: Alban Dedvukaj · License #CT 0819188
Source: Crexi
Added: Jul 17 Changed: Aug 30 Last Checked: Sep 1 at 5:57PM

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 Lakeshore Realty

Investment Insights

Based on property information with market context.

Located at 90 Bank Street in New London, Connecticut, this mixed-use property contains approximately ±12,311 SF across residential and commercial components. The building dates to 1900 and underwent a complete gut renovation in 2019, combining its historic structure with updated building systems.

The asset includes 8 residential units, 2 retail storefronts, and 1 industrial/flex space. Its position in New London’s waterfront district places the property along the Thames River, with access to downtown amenities, dining, and entertainment. The commercial areas offer street frontage and visibility, while the residential portion benefits from the walkable waterfront setting and river views.

Key Highlights

  • ±12,311 SF mixed‑use property at 90 Bank Street, New London, CT 06320
  • Complete gut renovation completed in 2019
  • 8 residential units plus 2 retail storefronts

Property Analytics

Current Use

New London Ink Tattoo & Piercing Shop

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,727
Businesses Nearby

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 Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Eight apartments are combined with two retail storefronts and an industrial/flex space in a waterfront setting.
Where is this mixed-use property located?
The property is located at 90 Bank Street New London, CT.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: ±12,311 SF mixed‑use property at 90 Bank Street, New London, CT 06320; Complete gut renovation completed in 2019; 8 residential units plus 2 retail storefronts
(203) 546-8536 Call to check price and availability
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