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.
|
DAYS ON MARKET
|
1
|
LAST UPDATED
|
2/6/2026
|
|
YEAR BUILT
|
1927
|
COUNTY
|
New London
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Commercial
|
| CONSTRUCTION |
Brick |
| HEAT |
Heat Pump, Natural Gas |
| LOT |
7841 sq ft |
| LOT DESCRIPTION |
Level |
| SEWER |
Public Sewer |
| STORIES |
3 |
| TAXES |
17686 |
| WATER |
Public |
| ZONING |
CBD-1 |
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