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$1,950,000
5 Days On Site
53 Bank StreetNew London, CT 06320
For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
10,636
SqFt
$183
/SqFt
1897
Built
County:
New London
Listing courtesy of Constance Howard of U.S. Properties Real Estate Services, LLC Office Phone: (860) 691-2011
Broker Contact: (615) 293-3878
Call Now: 860.406.4060
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860.406.4060
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Monthly Payment (Est.)
$8,897Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
Mixed Use Property with 1 commercial unit and 8 apartments located in the heart of downtown New London. This 10,636 SF, 3 story building has 1 commercial 2,556 SF unit on the ground level. Formerly 'Diamond Pizza' the restaurant space is currently available and turnkey-ready with F,F&E. There are 8 apartments on the 5,112 SF second and third floors. There is a 2,556 SF basement. NOI approximately $107,329. Room to increase NOI leasing the commercial unit which had been paying $3,075 / month. Call office for financials. Excellent investment property with stable cash flow. Property may be purchased as a package with 153 Bank St and 147 Bank Street for a total of 6 commercial units and 17 Apartments.
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Listing Snapshot
Price
$1,950,000
Days On Site
5 Days
Bedrooms
N/A
Inside Area (SqFt)
10,636 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.11 Acres
Year Built
1897
MLS® Number
24150729
Status
Active
Property Tax
$23,446
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 23 minutes ago | Listing updated with changes from the MLS® | |
| 5 days ago | Listing first seen on site |
General Features
Acres
0.11
Number Of Stories
3
Sewer
Public Sewer
SqFt Total
10636
Water Source
Public
Zoning
CBD-1
Interior Features
Heating
Natural GasHeat Pump
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Exterior Features
Lot Features
Level
Roof
Tar/Gravel
Listing courtesy of Constance Howard of U.S. Properties Real Estate Services, LLC Office Phone: (860) 691-2011
Broker Contact: (615) 293-3878
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc.
Last checked: 2026-02-11 09:50 PM UTC.
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc.
Last checked: 2026-02-11 09:50 PM UTC.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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