Real Estate Agent in Connecticut and Western Massachusetts

53 Bank Street
New London, Connecticut

Commercial For Sale

Municipal Street
Electric Available, Phone Available
10,636

Sq Ft

$ 1,950,000

Price

53 Bank Street
New London, Connecticut

New London, Connecticut

Description:

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.

Listing Courtesy of U.S. Properties Real Estate Services, LLC

Meet Our Team

Our team consists of dedicated real estate professionals passionate about helping our clients achieve their goals. Every client receives personalized attention, expert guidance, and unparalleled service. Meet our team:

Alison Malkin
Alison Malkin

Broker/Owner

860-214-8008

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Alison Malkin
Nicole Malkin James

Broker/Owner

843-614-7222

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Alison Malkin
Luis Torres

Associate Broker

860-383-5211

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Alison Malkin
Debra Pliego

Realtor®

860-919-7376

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Alison Malkin
Madison Wells

Realtor®

860-538-7567

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Alison Malkin
Lori Sierpinski

Realtor®

860-222-4692

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Alison Malkin
Jim Murkette

Realtor®

860-539-5009

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Alison Malkin
Leah Pliego

Realtor®

860-681-7373

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Acres : 0.11
Ceiling Height : 11
City : New London
Cooling : Split System
County : New London
Description : Level Lot
Neighborhood : N/A
# Stories : 3
Parcel : 1999829
Postal Code : 06320
Roof : Tar/Gravel
Sewage System : Public Sewer Connected
Total SqFt : 10636
Tax Year : July 2025-June 2026
Watersource : Public Water Connected
weeb : RPR, IDX Sites, Realtor.com

Phone

860-384-7624

Address

20 Hopmeadow St, Unit 821, Weatogue, CT 06089


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