Save
Ask
Tour
Hide
Share
$1,950,000
3 Days On Site

53 Bank Street
New 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

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 1-860-573-4349
Is this the listing for you? We can help make it yours.
1-860-573-4349
Save
Ask
Tour
Hide
Share

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,950,000
Days On Site 
3 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
4 days agoListing updated with changes from the MLS®
4 days agoListing 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
Save
Ask
Tour
Hide
Share
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: 2026-02-10 04:21 AM UTC.

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share