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Listed price in listed location currency (USD).
$525,000

020

MLS® 24155567

Overview

Key Facts

Type Other
Levels Commercial Lease
Size -
Garage No
Date Available 
Days Active 2
Approx. Age 1939
MLS® Number 24155567

Property Address: 200 Bank St, New London, CT, 06320-6054

Average square foot calculated using Size range provided by listing agent.

Description

Prime Downtown New London Commercial Opportunity!! Exceptional investment opportunity in the heart of New London's vibrant downtown district. This well-maintained commercial building offers over 4, 700+ square feet of versatile interior space, plus an additional 586 square foot patio, providing excellent flexibility for a variety of business concepts. The property is currently configured as two separate units, though it is presently leased to a single tenant operating a successful restaurant that occupies the entire building. This setup offers immediate rental income potential while maintaining future flexibility for multi-tenant use. Positioned in a high-visibility, high-foot-traffic location, this property benefits from strong surrounding retail, dining, and waterfront attractions. The building presents endless possibilities for investors and owner-operators alike - continue its use as a restaurant, reconfigure for mixed commercial tenants, or explore redevelopment opportunities. Notably, there is potential to build upward and add residential apartments above, creating a compelling mixed-use investment in one of downtown's most desirable corridors (subject to approvals). Please note: Sale includes the building only. The restaurant business is not included in the sale. An outstanding opportunity to own a prime piece of downtown real estate with income and future development potential.
MLS® Number24155567
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1939
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Leased YetSold Price

For Rent

Feb 23, 2026List Date
$525,000List Price

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