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27-29 Bank St 21,000 SF 100% Leased Retail Building New London, CT 06320 $1,046,940 CAD ($49.85 CAD/SF)

Retail Spaces Connecticut New London 27-29 Bank St, New London, CT 06320

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EXECUTIVE SUMMARY

Four story, 11,656 SF commercial building in the heart of downtown gutted and ready for buildout. City approvals for 9 apartments and 2 commercial spaces. 2,919 SF basement. 2021 appraisal available as well as architectural renderings. Great visibility and development opportunity in close proximity to the Amtrak station and future USCG Museum.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
21,000 SF
Building Class
C
Year Built/Renovated
1880/2020
Price
$1,046,940 CAD
Price Per SF
$49.85 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Slab To Slab
10’
Building FAR
6.03
Lot Size
0.08 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C - COM
Frontage
34’ on Bank St

LINKS

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Walker's Paradise (90)
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PROPERTY TAXES

Parcel Number NLON-000028-000142-000017 Improvements Assessment $774,045 CAD
Land Assessment $101,463 CAD Total Assessment $875,508 CAD

PROPERTY TAXES

Parcel Number
NLON-000028-000142-000017
Land Assessment
$101,463 CAD
Improvements Assessment
$774,045 CAD
Total Assessment
$875,508 CAD
(615) 293-3878

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 28815875

  • Date on Market: 2023-06-21

  • Last Updated:

  • Address: 27-29 Bank St, New London, CT 06320

The Retail Property at 27-29 Bank St, New London, CT 06320 is currently available for Sale. Contact US Properties for more information.

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27-29 Bank St
(615) 293-3878 x

27-29 Bank St

Connie Howard
(615) 293-3878

Susan Howard Cihocki
(860) 941-0694

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