90-94 Bank Street New London, CT $ 2,100,000
90-94 Bank Street
$ 2,100,000
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90-94 Bank Street

New London, CT, 06320
$ 2,100,000
Bedrooms-- Baths4.0 Sq 12,311

Monthly Estimate*

$ 12,930

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Commercial Property for sale in New London, CT

for $2,100,000 with 4 full baths. This 12,311 square foot building was built in 1900 on a lot size of 0.13.

Positioned in the heart of New London's thriving waterfront district, this fully renovated mixed-use asset offers investors a rare opportunity to acquire a stabilized, income-producing property with long-term upside. Overlooking the Thames River, the property combines historic New England charm with modern functionality in one of southeastern Connecticut's most desirable coastal markets. The three-story granite and brick building encompasses approximately 12,311 square feet and was completely gut-renovated in 2019. The renovation modernized all major systems while carefully preserving the building's original architectural character. As a result, the property delivers both aesthetic appeal and operational efficiency, appealing to today's residential and commercial tenants. The asset features a well-balanced and diversified income stream, consisting of eight residential apartments, two retail storefronts, and one industrial/flex unit. This mix of uses provides multiple revenue channels and helps mitigate risk by reducing reliance on any single tenant category. The residential units benefit from strong demand driven by the property's walkable location, waterfront setting, and scenic river views. Tenants are drawn to the combination of lifestyle and convenience, with immediate access to downtown amenities, dining, and entertainment. The commercial spaces offer excellent visibility and frontage, making them highly attractive for retail, service-based businesses, or flex .

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Commercial Active

Price

$ 2,100,000

Full Bath

4

Property Type

Commercial

Taxes

$ 30,400

Style

Lot Size

0.13

Year Built

1900

Town/City

New London

MLS | Web ID

24166663

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
City New London
Sq Ft Total 12311
DOM 0
Year Built 1900
Present Use Mix Use
Net Operating Income 138878
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Interior
Utilities Available Electric Gas Telephone Cable
Cooling System Central Air
Total Number of Units 10
Total Rooms 0
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Exterior
Water Source Public Water Connected
Lot Description Level Lot
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* Excluded Features
List By
Ilir Dedvukaj

Listing Agent

Lakeshore Realty

Broker

ilir@lsrealtyteam.com

Email

Affordability Calculator

$15,463
Per Month
84%
16%
0%
Monthly Principal & Interest
$12,930
Monthly Property Taxes
$2,533
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
4/13/2026$2,100,000 Listed Price

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90-94 Bank Street, New London, CT, 06320 is a Commercial Property for sale at $2,100,000 with 12,311 sqft and a lot size of 0.13. 90-94 Bank Street has 4.0 baths and was built in 1900. The property's zip code is 06320 which is in New London, CT