52 Bank Street New London, CT ^$ 1,000,000

52 Bank Street

^$ 1,000,000

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Recently Listed

52 Bank Street

New London, CT, 06320

^$ 1,000,000

Bedrooms-- Baths-- Sq 1,952

Monthly Estimate*

^$ 6,239

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Commercial Property for sale in New London, CT

for $1,000,000. This 1,952 square foot building was built in 1945 on a lot size of 0.13.

Longstanding bar/restaurant with one of the largest waterfront decks in CT. 3,632 SF. Inside restaurant seating for 130. 1,321 SF outdoor deck with seating for 50. Business only for sale for $300,000; both property and business for sale for $1,200,000. Buildings were completely renovated in 2022. All new appliances, utilities and roof. 2 Handicap accessible bathrooms. Additional 2 bathrooms including 1 shower. Natural gas and propane heat. Split Unit A/C. In close proximity to train station and ferries. Beautiful water views. Located in City of New London's Enterprise Zone and Federal Opportunity Zone.

Commercial Active

Price

^$ 1,000,000

Property Type

Commercial

Taxes

^$ 12,031

Style

Lot Size

0.13

Year Built

1945

Town/City

New London

MLS | Web ID

24143223

Features

General

Zoning CBD-1

Neighborhood N/A

County New London

Tax Year July 2025-June 2026

Location Downtown

Property Type Commercial For Sale

Status Active

Acres 0.13

Directions GPS friendly.

City New London

Sq Ft Total 1952

DOM 0

Year Built 1945

Interior

Utilities Available Electric Available Gas Available Phone Available Cable Available

Cooling System Split System

Total Number of Units 1

Exterior

Water Source Public Water Connected

Lot Description Dry Level Lot

* Excluded Features

List By

Constance Howard

Listing Agent

U.S. Properties Real Estate Services, Llc

Broker

chowardusp@gmail.com

Affordability Calculator

$7,241

Per Month

Monthly Principal & Interest: $6,239
Monthly Property Taxes: $1,003
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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.

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Nearby

Trends
Schools

Commerical listings in New London, CT

Average List Price ^$1,455,050

Percent of Sale Price 46%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/3/2025	$1,000,000		Listed Price

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52 Bank Street, New London, CT, 06320 is a Commercial Property for sale at $1,000,000 with 1,952 sqft and a lot size of 0.13. 52 Bank Street was built in 1945. 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 6.375% 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.

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52 Bank Street

Commercial Property for sale in New London, CT

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