200 Bank Street, New London, CT 06320 (MLS # 24155567)
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.
Property Type(s):
Commercial
|
Last Updated
|
2/22/2026
|
Year Built
|
1939
|
|
County
|
New London
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Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| CONSTRUCTION |
Frame |
| HEAT |
Forced Air, Natural Gas |
| LOT |
3485 sq ft |
| SEWER |
Public Sewer |
| TAXES |
8826 |
| WATER |
Public |
| ZONING |
CBD-1 |
Location
Listing courtesy of RE/MAX One
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