200 Bank Street New London, CT $ 525,000
200 Bank Street
$ 525,000
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200 Bank Street

New London, CT, 06320
$ 525,000
Bedrooms-- Baths2.0 Sq 4,728

Monthly Estimate*

$ 3,233

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Commercial Property for sale in New London, CT

for $525,000 with 2 full baths. This 4,728 square foot building was built in 1939 on a lot size of 0.08.

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.

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Commercial Active

Price

$ 525,000

Full Bath

2

Property Type

Commercial

Taxes

$ 8,826

Style

Lot Size

0.08

Year Built

1939

Town/City

New London

MLS | Web ID

24155567

Features
General
Zoning CBD-1
Neighborhood N/A
County New London
Tax Year July 2025-June 2026
Location Highway Access Downtown Shopping Mall
Property Type Commercial For Sale
Status Active
Acres 0.08
Directions Use GPS
City New London
Sq Ft Total 4728
DOM 0
Year Built 1939
Present Use Restaurant
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Interior
Utilities Available Electric Gas
Cooling System Central Air
Total Number of Units 2
Total Rooms 0
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Exterior
Water Source Public Water Connected
Lot Description N/A
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* Excluded Features
List By
Christopher Torrez

Listing Agent

Re/Max One

Broker

ctorrezre@gmail.com

Email

Affordability Calculator

$3,968
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,233
Monthly Property Taxes
$736
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/23/2026$525,000 Listed Price

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200 Bank Street, New London, CT, 06320 is a Commercial Property for sale at $525,000 with 4,728 sqft and a lot size of 0.08. 200 Bank Street has 2.0 baths and was built in 1939. The property's zip code is 06320 which is in New London, CT