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18 Bank Street, New London, CT 06320 Investment Property For Sale

$429,000 $153.76 / SF
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320
18 Bank Street, New London, CT 06320

For Sale Details

$429,000
$153.76 / SF
  • Property Type Mixed-Use, Multifamily, Retail
  • Sale Type Investment
  • Status Closed
  • Created 04/27/21
  • Updated 01/13/22
  • Closed On 12/31/21
  • Closing Price $361,000

About 18 Bank Street, New London, CT 06320

Great investment property now available on Bank Street! The ‘John M. Shea Building’ overlooking the Thames River is fully occupied with:

- 1st flr hair salon handicap accessible with a new gas fired furnace, hot air & Central AC

- 2nd flr newly renovated 2BR, 1.5 BA open floor plan, en suite water/dryer and new stainless still appliances with beautiful hardwood floors and exposed brick, and

- 3rd flr 450sf studio apt with a loft sleeping area, full BA and stainless steel appliances. Stunning views of Thames River

Both apartments are served by high efficiency hot water baseboard heating system and on-demand hot water. New roof for 2nd and 3rd floors. Total 2,790sf on 0.03 acre. On-street parking only. Public Water/Sewer/Natural gas. Zone CBD-1. Built 1920 and renovated 2016. One of owners is agent. For Sale $429,000.

DIRECTIONS:

I-95 S Exit 84S. Follow signs for Waterfront District. Continue onto Eugene O’Neill Dr. Turn left on Pearl St, then left on Bank St. On right.


Building Details

  • Tenancy: Multitenant
  • Building Area (SF): 2,790
  • Year Built: 1920 - 2016
  • Percent Finished: 100%
  • Number of Units: 3
  • Number of Stories: 3
  • Number of Buildings: 1
  • Building Class: B

Land Details

  • Acreage: 0.03
  • Gas: Yes
  • Sewage System: Public Sewer
  • Water System: Public Water

Documents for 18 Bank Street, New London, CT 06320

18-20 Bank St BROCHURE.pdf

The Mixed-Use, Multifamily, Retail property at 18 Bank Street, New London, CT 06320 is currently available for sale. Contact Carmelo Foti from Pequot Commercial for more information.