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.
|
DAYS ON MARKET
|
1
|
LAST UPDATED
|
2/6/2026
|
|
YEAR BUILT
|
1897
|
COUNTY
|
New London
|
|
STATUS
|
Active
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PROPERTY TYPE(S)
|
Commercial
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| HEAT |
Heat Pump, Natural Gas |
| LOT |
4792 sq ft |
| LOT DESCRIPTION |
Level |
| SEWER |
Public Sewer |
| STORIES |
3 |
| TAXES |
23446 |
| WATER |
Public |
| ZONING |
CBD-1 |
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