200 bank street

New London, CT 06320

2-Full BATHS
0.07 AC LOT
Commercial
Image 1
Total Baths 2
Full Baths 2
Acreage 0.08
Status Off Market
MLS # 24155567
County New London
More Info
Category Commercial
Status Off Market
Acreage 0.08
MLS # 24155567
County New London
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.

Exterior Features

  • Roof Rubber
  • Garage No
  • Water Public Water Connected
  • Sewer Public Sewer Connected
  • Lot Description N/A

Interior Features

  • Heating Hot Air
  • Cooling Central Air
  • Year Built 1939

Financial Information

  • Parcel ID 1999764
  • Zoning CBD-1

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.