Description
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.
Listing Details
| Price: | 2,450,000 |
|---|---|
| Address: | 153 Bank Street |
| City: | New London |
| State: | Connecticut |
| Zip Code: | 06320 |
| MLS: | 24150715 |
| Year Built: | 1927 |
| Acres: | 0.18 |
| Lot Square Feet: | 0.18 acres |
Photos
Courtesy of Constance Howard - from U.S. Properties Real Estate Services, LLC - (860) 691-2011. IDX information is provided by the SmartMLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are all © 2026 SmartMLS All Rights Reserved. The information provided is for consumers personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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