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    Property profile

    90-94 Bank St New London, CT 06320

    OFF-MARKET
    Mixed-use properties
    Property ID
    US15-Q003545
    12,311 SF Built 1900
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    Property summary

    AI-generated overview

    A three-story mixed-use building of granite and brick construction located in New London’s waterfront district, overlooking the Thames River. The property contains approximately 12,311 square feet and was gut-renovated in 2019, with major building systems modernized while preserving the structure’s original architectural character. The layout is configured for multiple income-producing uses, including eight residential apartments, two retail storefronts, and one industrial/flex unit, with the commercial spaces oriented for street-facing visibility and frontage suitable for retail, service-oriented businesses, or flex use.

    Property profile

    Verified
    Property type Mixed-use properties
    Year built 1900
    Total area 12,311 SF
    UPID US15-Q003545

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Location

    90-94 Bank St New London, CT 06320
    New London metro
    Google Maps

    Value estimations

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    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • New
      $1,625,000
      7,668 SF
      Mixed-Use Building in Downtown
      Mixed-use property with commercial space and apartments in downtown New London.
      53-55 Bank Street, New London, CT 06320
      View Details
    • Contact for pricing
      15,840 SF
      Downtown Mixed-Use Building
      Mixed-use building with 5,184 SF of first-floor retail space and residential and office units on the second floor.
      219 Bank Street, New London, CT 06320
      View Details
    • New
      $1,625,000
      10,636 SF
      Mixed-Use Building in Downtown New London
      Mixed-use property with commercial unit and apartments in downtown.
      53-55 Bank St, New London, CT 06320
      View Details
    • New
      $1,888,000
      12,311 SF
      Mixed-Use Waterfront Building
      Three-story mixed-use property offers apartments plus retail storefronts and an industrial/flex unit in a waterfront district.
      90-94 Bank Street, New London, CT 06320
      View Details
    • Contact for pricing
      4,173 SF
      Restaurant Bar with Apartments
      Turnkey restaurant and bar with a second-floor apartment unit and an outdoor patio.
      9 Tilley St, New London, CT 06320
      View Details
    • New
      $2,175,000
      20,948 SF
      Mixed-Use Building with Passenger Elevator
      Mixed-use building combining first-floor retail/office space, upper office suites, and four recently converted apartments.
      12 Masonic St, New London, CT 06320
      View Details

    Similar Nearby for Sale

    • New
      $1,625,000
      7,668 SF
      Mixed-Use Building in Downtown
      Mixed-use property with commercial space and apartments in downtown New London.
      53-55 Bank Street, New London, CT 06320
      View Details
    • Contact for pricing
      15,840 SF
      Downtown Mixed-Use Building
      Mixed-use building with 5,184 SF of first-floor retail space and residential and office units on the second floor.
      219 Bank Street, New London, CT 06320
      View Details
    • New
      $1,625,000
      10,636 SF
      Mixed-Use Building in Downtown New London
      Mixed-use property with commercial unit and apartments in downtown.
      53-55 Bank St, New London, CT 06320
      View Details
    • New
      $1,888,000
      12,311 SF
      Mixed-Use Waterfront Building
      Three-story mixed-use property offers apartments plus retail storefronts and an industrial/flex unit in a waterfront district.
      90-94 Bank Street, New London, CT 06320
      View Details
    • Contact for pricing
      4,173 SF
      Restaurant Bar with Apartments
      Turnkey restaurant and bar with a second-floor apartment unit and an outdoor patio.
      9 Tilley St, New London, CT 06320
      View Details
    • New
      $2,175,000
      20,948 SF
      Mixed-Use Building with Passenger Elevator
      Mixed-use building combining first-floor retail/office space, upper office suites, and four recently converted apartments.
      12 Masonic St, New London, CT 06320
      View Details

    Similar Nearby for Lease

    • New
      Contact for pricing
      5-Unit Dental-Anchored Mixed-Use Property
      Fully leased downtown property combines a dental practice with four upstairs apartments and included heat and hot water.
      27 Broad St, New London, CT 06320
      View Details
    • New
      $1,495/Mo
      17,032 sqft
      Two-Bedroom Apartment Unit
      Unit 206 offers two bedrooms at 575 Bank Street in New London, CT.
      575 Bank Street Unit 206, New London, CT 06320
      View Details
    • New
      Contact for pricing
      Three-Story Apartment Building
      Three-level rental property with separate kitchens, bathrooms, heating systems, and electrical panels on each floor.
      35 Linden St, New London, CT 06320
      View Details
    • $2,200/Mo
      Luxury Remodeled Apartment in New London
      Remodeled 2-bedroom apartment near restaurants, shops, and boardwalk.
      215 Bank St 2, New London, CT 06320
      View Details
    • New
      Contact for pricing
      Three-Story Mixed-Use Building
      C-1 zoning supports recognized mixed commercial and residential use.
      24 Montauk Ave, New London, CT 06320
      View Details
    • New
      Contact for pricing
      1,500 sqft
      12-Foot Glass Storefront Retail Space
      Turnkey mixed-use ground-floor space with HVAC, 200-amp electric, and exposed brick for flexible retail or service use.
      20 Bank St, New London, CT 06320
      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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