Kristine Wingate Shifrin - Andrew Abu Inc Realtors Logo
$1,350,000
 $7,247 est/mo Sourced by Back At You

147 Bank Street,New London, CT 06320

New London, CT 06320

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Description

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 the 5,508 SF 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. Contact 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. Aerial Footage: https://tinyurl.com/147-153bankstreet

Details

MLS #24159494
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site210
Listing Provided ByU.S. Properties Real Estate Services, LLC | Constance Howard

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet8,701
BasementY
Units4
ZoningCBD-1
Acreage0.09

Interior

Total Rooms12
Cooling SystemSplit System
Fireplaces Total0

Exterior

Roof InformationOther
Foundation TypeMasonry

Utilities

Sewage SystemPublic Sewer Connected

Taxes

Tax YearJuly 2026-June 2027
Property Tax13225

Area Information

StateCT
CountyNew London
CityNew London
Zip Code06320
AreaN | A
School DistrictPer Board of Ed
Elementary SchoolPer Board of Ed
High SchoolPer Board of Ed
Listing VS Median (in 06320)
Price:
$1,350,000
low | high
Med:
$180,450
100% of Average
sqft:
8,701
low | high
Med:
886
100% of Average
$ / sqft:
$155
low | high
Med:
$211
14.291061523204% of Average
On site:
210
low | high
Med:
9.5
100% of Average
Sourced by Back At You

Market Activity 06320

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Contact

Learn More About This Property

Kristine Wingate Shifrin

Kristine Wingate Shifrin

Andrew Abu Inc

9027819 (508) 328-5561kristine@andrewabu.com
StateCT
CountyNew London
CityNew London
Zip Code06320
AreaN | A
School DistrictPer Board of Ed
Elementary SchoolPer Board of Ed
High SchoolPer Board of Ed
Listing VS Median (in 06320)
Price:
$1,350,000
low | high
Med:
$180,450
100% of Average
sqft:
8,701
low | high
Med:
886
100% of Average
$ / sqft:
$155
low | high
Med:
$211
14.291061523204% of Average
On site:
210
low | high
Med:
9.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.12M - $1.687M
sqft: 6,500 - 10,500
Nearby Listings Property ImageNearby Listings Details
224-230 State Street Property Photo 1
$1,500,000
224-230 State Street
New London, CT 06320
Listing Updated: September 29, 2026 at 8:56:54 AM PDT