$1,625,000
Active53-55 Bank Street
New London, Connecticut, 06320 · New London County
10,636
Sq Ft
1897
Built
MLS # 24150729
Price / Sq Ft
$153
Property Type
Commercial For Sale
Lot Size
0.11
Class
Property
About This Property
Mixed-use property with 1 commercial unit and 8 apartments located in the heart of downtown New London. This 10,636 SF, 3 story building has 1 commercial 2,556 SF unit on the ground level. Formerly 'Diamond Pizza' the restaurant space is currently available and turnkey-ready with F,F&E. There are 8 apartments on the 5,112 SF second and third floors. There is a 2,556 SF basement. NOI approximately $107,329. Room to increase NOI leasing the commercial unit which had been paying $3,075 / month. Call office for financials. Excellent investment property with stable cash flow. Property may be purchased as a package with 153 Bank St and 147 Bank Street for a total of 6 commercial units and 17 Apartments.
Property Details
53-55 Bank Street, New London Connecticut 06320 — Commercial For Sale listed at $1,625,000.
At a Glance
--
Bedrooms
--
Bathrooms
10,636
Sq Ft
0.11
Lot Size
--
Garage
1897
Year Built
The Details
Property Details
Financial
Building Details
Property Features
All Photos (12)
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$1,625,000
Listing Agent
Constance Howard
U.S. Properties Real Estate Services, LLC