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$1,725,000 153 Bank, New London, CT

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$1,725,000

153 Bank, New London, CT

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Overview

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.

Property Details

Property Details

MLS Number 24150715
List Price 1725000
Status Active
Property Type Commercial For Sale
Acres 0.18
Year Built 1927
Number of Stories 3
Heat Type Heat Pump
Heat Fuel Type Natural Gas
Cooling System Split System
Water Source Public Water Connected
Sewage System Public Sewer Connected
Location Downtown
Days on Market 253

Courtesy of Constance Howard U.S. Properties Real Estate Services, LLC. Source: SmartMLS. © 2026.

Listing information is provided by SmartMLS.

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