193 Bank St New London, CT 06320
This exceptional 800-square-foot commercial space is ideally situated at 193 Bank Street in the heart of New London, Connecticut, zip code 06320. The property is categorized as retail, office, and special purpose, offering versatile options for a variety of businesses. Currently configured as a single-tenant space, it boasts a prime street-front location, providing excellent visibility and accessibility. The monthly rent is $1,000, modified gross. This location offers unparalleled convenience, with easy walking access to a vibrant array of restaurants, shops, a theater, numerous apartments, the waterfront, public transportation (bus lines, train, and ferry), and major roads and highways. For those working with Electric Boat, the property enjoys the added benefit of being just a 10-minute commute away. The space is suitable for traditional office use, creative office setups, or retail operations, making it a highly desirable property in a thriving downtown area. The property's versatility and central location make it an excellent opportunity for businesses seeking a prominent presence in New London. This is a single-tenant space, perfect for a small business looking for a high-visibility location.
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Bank Street Cobbler (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.