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34044796
34044777

153 Bank St, New London, CT 06320 For Sale

US Properties Inc
Listed by US Properties Inc
$1,725,000
160 days on market
Updated 18 days ago
Opportunity zone

153 Bank Street, New London, CT

Details
Property Type Mixed Use, Retail
Sub Type Storefront
Square Footage 17,378
Price per SqFt $99
Year Built 1927
Buildings 1
Stories 3
Acreage 0.180
Zoning CBD-1

Mixed Use | 17,378 SqFt

Marketing description

Mixed Use Property with 4 commercial units and 6 apartments located in the heart of downtown New London. This 17,378 SF, 3 story building has 4 commercial units in 3,942 SF on the ground level SF commercial and 6 apartments on the 7,884 SF second and third floors. There is a 3,942 SF basement. NOI approximately $117,227. Two of the commercial units are recently vacant so there is room to increase NOI. Call office for financials. Excellent investment property with stable cash flow. Property may be purchased as a package with 53 Bank St and 147 Bank Street for a total of 6 commercial units and 17 Apartments.

Investment highlights

  • Excellent investment property with stable cash flow.

  • Mixed Use property located in heart of downtown New London.

Listing Contacts

US Properties Inc
Listed by US Properties Inc

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