27 Bank Street New London, CT ^$ 567,000

27 Bank Street

^$ 567,000

Back to search

27 Bank Street

New London, CT, 06320

^$ 567,000

Studio Baths0.0 Sq 11,656

Monthly Estimate*

^$ 3,961

27 Bank Street, New London, CT 06320 - Image 1

27 Bank Street, New London, CT 06320 - Image 2

27 Bank Street, New London, CT 06320 - Image 3

27 Bank Street, New London, CT 06320 - Image 4

27 Bank Street, New London, CT 06320 - Image 5

27 Bank Street, New London, CT 06320 - Image 6

27 Bank Street, New London, CT 06320 - Image 7

27 Bank Street, New London, CT 06320 - Image 8

27 Bank Street, New London, CT 06320 - Image 9

Studio

Commercial Property for sale in New London, CT

for $567,000. This 11,656 square foot building was built in 1875 on a lot size of 0.08.

Four story, 11,656 SF commercial building in the heart of downtown gutted and ready for buildout. City approvals for 9 apartments and 2 commercial spaces. 2,919 SF basement. 2021 appraisal available as well as architectural renderings. Great visibility and development opportunity in close proximity to the Amtrak station and future USCG Museum.

Commercial Active

Price

^$ 567,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial For Sale

Lot Size

0.08

Year Built

1875

Town/City

New London

MLS | Web ID

170578568

Features

General

Zoning CBD1

Year Built 1875

Neighborhood N/A

Heater Type Hot Air

County New London

Tax Year July 2023-June 2024

Location Downtown

Property Type Commercial For Sale

Status Active

Acres 0.08

Directions Bank Street downtown New London.

City New London

Street Name Bank

Sq Ft Total 11656

DOM 309

Video Tour Y/N 1

Interior

Cooling System None

Utilities Available Electric Available Phone Available Cable Available

Total Number of Units 10

Exterior

Water Source Public Water Connected

Garage Parking On Street Parking Parking Lot

Lot Description Level Lot

Internal Only

Street Number 1 27

* Excluded Features

List By

Constance Howard

Listing Agent

Us Properties

Broker

chowardusp@gmail.com

Affordability Calculator

$3,961

Per Month

Monthly Principal & Interest: $3,961
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in New London, CT

Average List Price ^$1,070,215

Percent of Sale Price 89%

About New London, CT

26,654 Population

4% Since 2002

^$37,286 Median Income

33.25 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

899581 Elementary School

895635 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/20/2023	$567,000		Listed Price

Map

More homes like this one

homes for you

See all

27 Bank Street, New London, CT, 06320 is a Commercial Property for sale at $567,000 with 11,656 sqft and a lot size of 0.08. 27 Bank Street is a studio with 0.0 baths and was built in 1875. The property's zip code is 06320 which is in New London, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to a buying decision should be independently verified.

Information on this this page is provided by the Smart Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site other than by consumers looking to purchase real estate is prohibited.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

27 Bank Street

Commercial Property for sale in New London, CT

Affordability Calculator

Map

More homes like this one

Get more info about this home