130 Bank Street
New London, Connecticut

Description:

PRIME WATERFRONT DEVELOPMENT OPPORTUNITY - 130 Bank Street, New London Positioned in the heart of historic downtown New London, this landmark building offers unmatched potential for transformation. Gutted and ready for redevelopment, it's perfectly suited for a vibrant mixed-use project, retail or restaurant space on the first floor and lower level, with apartments above. Zoned CBD-1 and located within an Opportunity Zone, this property comes with valuable tax incentives for investors. The location is unbeatable - across from popular destinations like Tox Brewing Company, Waffle Company, Muddy Waters Cafe, and a variety of shops and restaurants that fuel the area's thriving energy. The property includes 9 dedicated parking spots, a side lot ideal for expansion, and waterside views that add to its appeal. Retail possibilities are endless - wine bar, coffee shop, national tenant (Starbucks, Subway, Chipotle etc), or boutique concept - while upper floors offer lucrative residential potential. This is a rare chance to restore and expand a historic treasure and create a premier destination the community will embrace!

Listing Courtesy of William Raveis Real Estate