35 Bank Street New London, CT ^$ 375,000

35 Bank Street

^$ 375,000

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35 Bank Street

New London, CT, 06320

^$ 375,000

Bedrooms-- Baths-- Sq 21,408

Monthly Estimate*

^$ 2,340

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Commercial Property for sale in New London, CT

for $375,000. This 21,408 square foot building was built in 1920 on a lot size of 0.26.

Landmark, historic theater in the heart of downtown New London located in the Opportunity Zone, ready to be refurbished or re-purposed with potential for adding floors and multiple revenue streams. Building has an 11,000 SF footprint, approximately 3,500 SF mezzanine and 11,000 SF basement. Built in 1921 as a Vaudeville theater, later used as a movie theater, seated 2,500. new roof in 2010. Federal and Historic Tax credits applicable. Wonderful opportunity to create a destination site! In close proximity to Amtrak and Long Island ferry stations and the future Coast Guard Museum.

Commercial Contingent

Price

^$ 375,000

Property Type

Commercial

Taxes

^$ 8,480

Style

Lot Size

0.26

Year Built

1920

Town/City

New London

MLS | Web ID

24050337

Features

General

Zoning CBD1 & Opportunity Zone

Neighborhood N/A

County New London

Tax Year July 2025-June 2026

Location Downtown

Property Type Commercial For Sale

Status Under Contract

Acres 0.26

Directions GPS Friendly.

City New London

Sq Ft Total 21408

DOM 387

Year Built 1920

Interior

Utilities Available Electric Available Phone Available Cable

Cooling System None

Total Number of Units 1

Exterior

Water Source Public Water Connected

Lot Description Level Lot

* Excluded Features

List By

Constance Howard

Listing Agent

Us Properties

Broker

chowardusp@gmail.com

Affordability Calculator

$3,046

Per Month

Monthly Principal & Interest: $2,340
Monthly Property Taxes: $707
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 288%

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
6/25/2025	$375,000		Listed Price

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35 Bank Street, New London, CT, 06320 is a Commercial Property for sale at $375,000 with 21,408 sqft and a lot size of 0.26. 35 Bank Street was built in 1920. 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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35 Bank Street

Commercial Property for sale in New London, CT

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