147 Bank Street

New London, Connecticut 06320

Status
For Sale
Square Feet
11,894
Beds
Price
$1,500,000
Type
Commercial For Sale
Garages
Baths
0
MLS
24150720

Price

$1,500,000

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Interior Details

Interior Size
11,894 Sq Ft
Bedrooms
Bathrooms
0
Rooms Total
Garage

Exterior Details

Lot Size
0.09 Acres
Roof
Tar/Gravel
Sewer
Public Sewer Connected
Construction
Construction
Cooling
Split System

Other Information

Property Tax
$13,272
Assessed Value
$470,800
Elementary School
NULL
Middle School
NULL
High School
NULL

About Property

Fully leased, mixed-use property located in the heart of downtown New London. This 11,894 SF, 2 story building has a 3,193 SF commercial space on the 1st floor and 3 apartments on 5,508 SF on the second floor. There is a 3,193 SF basement. The apartments have high ceilings, large windows and beautiful views of the Thames River. Building was fully renovated in 2017. NOI approximately $76,536. Call office for financials. Excellent investment property with stable cash flow. Property may be purchased as a package with 53 Bank St and 153 Bank Street for a total of 6 commercial units and 17 Apartments.
Listed by U.S. Properties Real Estate Services, LLC, Constance Howard. Data sourced from SmartMLS

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