147 Bank Street, New London, CT 06320
147 Bank Street, New London, CT 06320
147 Bank Street, New London, CT 06320
147 Bank Street, New London, CT 06320
147 Bank Street, New London, CT 06320
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$ 1,350,000
Est. payment | /mo

11,894 SqFt


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$ 1,350,000
Est. payment | /mo
Save

11,894 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 11,894 sqft

Price per Sqft $113

MLS Listing ID 24150720

Year Built 1900

Annual Tax Amount $13,272

Lot Size 3,920 Sqft

Property Description

Fully leased, mixed-use property located in the heart of downtown New London. This 11,894 SF, 2 story building has a 3,193 SF commercial space on the 1st floor and 3 apartments on 5,508 SF on the second floor. There is a 3,193 SF basement. The apartments have high ceilings, large windows and beautiful views of the Thames River. Building was fully renovated in 2017. NOI approximately $76,536. Call office for financials. Excellent investment property with stable cash flow. Property may be purchased as a package with 53 Bank St and 153 Bank Street for a total of 6 commercial units and 17 Apartments. Aerial Footage: https://tinyurl.com/147-153bankstreet

Location

State CT

County New London

Zoning CBD-1

Interior

Heating Heat Pump

Cooling Split System

Exterior

Utilities Available Electric, Gas Available, Phone Available

Roof Type Tar/Gravel

Building

Lot Description Level Lot

Story 4

Sewer Public Sewer Connected

Water Public Water Connected

Listed by Constance Howard • U.S. Properties Real Estate Services, LLC

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147 Bank Street