27-29 Bank St - Storefront Retail/Residential FOR SALE


New London, CT 06320
$567,000 USD
860-439-0663
27-29 Bank St, New London, CT for Sale
$567,000 USD
Storefront Retail/Residential - FOR SALE
1/10
null | Request Cap Rate

27-29 Bank St
New London, CT 06320


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$567,000 USD

PRICE/SF

$38 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1880

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

C

APN/PARCEL ID

NLON-000028-000142-000017

ASK ABOUT THIS PROPERTY

Connie HowardUS PropertiesMore Info
860-439-0663

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Connie HowardUS PropertiesMore Info
860-439-0663

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.