Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 0-bedroom, 2-bathroom commercial at 200 Bank Street in New London, CT is listed for $475,000 ($100 per sqft). Built in 1939, the home offers 4,728 sqft of living space on a 0.08 acres lot.

Agent Description

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.

Key Features

  • Built in 1939
  • 0.08 acre lot

Property Details

2 full
1939

Amenities

A/C

Monthly Cost Estimate

$2,540/mo

20% down · 6.5% · 30 years

Principal$344
Interest$2,058
Insurance$139

Estimates only. Actual payments may vary.

Location

200 Bank Street

New London, CT 06320

Property Details

Cooling

Central Air

Questions & Answers

This 0-bedroom, 2-bathroom commercial at 200 Bank Street is listed at $475,000 ($100/sqft). The estimated monthly payment is $2,058 based on 20% down at 6.5% interest.

Key features include: Built in 1939, 0.08 acre lot.

This property is listed by Christopher Torrez and can be reached at 4019528432 or ctorrezre@gmail.com.

CT

Christopher Torrez

Agent at RE/MAX One

(401) 952-8432

Listed by RE/MAX One

MLS# 24155567· Source: listhub· Updated 98 days ago

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

200 Bank Street, New London, CT 06320

Open this listing in: