Mixed-Use Commercial Buildings For
224 Bank St, New London, CT 06320
Four connected buildings totaling 48,843 SF in New London.
Type:Office, Retail, Special Purpose
Property size:
48,843 SFPrice / SF:
$76/SF- Added:
- Nov 6, 2024
- Days on Market:
- 574
- Last Refresh:
- May 12 at 10:57 pm
Property Features for 224 Bank St
General Information
- Standard status
- Active
- Size
- 48,843 SF
- Property subtype
- Office, Retail, Special Purpose
Listing agent James Gillanders License #CT 0805707
Listing office Londregan Commercial Real Estate Group
Listing date Nov 6, 2024
Source Crexi
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
HighLights
- Fully occupied and renovated lab/warehouse building (6,510 SF) and three‑story office/medical building (25,252 SF) providing immediate income.
- Located in an Enterprise Zone and Opportunity Zone, offering potential tax benefits and investment incentives.
- Ample parking at a traffic‑lit intersection, enhancing accessibility.
- Four connected buildings totaling 48,843 SF, providing diverse space options.
- Elevator access in Buildings 1, 3, and 4, improving accessibility.
- Renovated second floor (vacant) in Building 4, and vacant Building 2, presenting opportunities for customization and increased revenue potential.
Overview
The subject property comprises 48,843 square feet across four connected buildings. Building 1, a fully renovated and occupied one-story lab/warehouse at the corner of Bank Street and Bank Street Connector, totals 6,510 square feet and connects directly to Buildings 2 and 3. Building 2, a two-story office building fronting Bank Street, contains 6,409 square feet and is currently vacant, requiring renovation. Building 3, situated towards the rear at the Bank Street Connector entrance, is a 25,252 square foot three-story office/medical office building with full occupancy and maintained condition. Building 4, located towards the rear of the site's interior, is a 9,672 square foot two-story office building with partial occupancy on the first floor and a fully renovated, currently vacant second floor. All buildings except Building 2 have elevator access. The property benefits from ample parking at a traffic-lit intersection and is located within an Enterprise Zone and an Opportunity Zone.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- New London
- County
- State
- Connecticut
- Longitude
- -72.096821
- Latitude
- 41.351595
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Four connected buildings totaling 48,843 SF in New London.
Where is this office building located?
The property is located at 224 Bank St New London, CT.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Fully occupied and renovated lab/warehouse building (6,510 SF) and three‑story office/medical building (25,252 SF) providing immediate income.; Located in an Enterprise Zone and Opportunity Zone, offering potential tax benefits and investment incentives.; Ample parking at a traffic‑lit intersection, enhancing accessibility.
