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$540,000
3 Days On Site

623-625 Bank Street
New London, CT 06320

For Sale|Commercial Sale|Active
0
Beds
3
Total Baths
3
Full Baths
4,688
SqFt
$115
/SqFt
1920
Built
County:
New London
Listing courtesy of Thomas Connor of Horvath & Tremblay Office Phone: (781) 776-4000 Broker Contact: (203) 243-8785

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623-625 Bank Street623-625 Bank Street623-625 Bank Street623-625 Bank Street
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This centrally located mixed-use building is an opportunity to own a cash flowing asset in the thriving New London market. Located near major economic drivers like Electric Boat, Pfizer, Coast Guard Academy, Connecticut College, and UConn Avery Point, this asset is in the heart of Southeastern Connecticut's growing economy. 623-625 Bank Street is well-positioned in New London, offering convenient access to the city's central business district, neighborhood retail corridors, and surrounding residential neighborhoods. The Property benefits from strong connectivity to major regional routes, including Interstate 95, U.S. Route 1, and Route 32, providing efficient access throughout southeastern Connecticut and into Rhode Island The multi-story building contains one (1) Commercial unit and three (3) 2-Bedroom/1-Bathroom units with 4,472 square feet of gross living area in 4,688 square feet of gross area. The Property is situated upon a 0.12-acre parcel and features one (1) off-street parking space. This is a great value-add opportunity for hands on investors looking to increase cash flow in a flourishing rental market.

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Listing Snapshot
Price 
$540,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,688 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.12 Acres
Year Built 
1920
MLS® Number 
24207830
Status 
Active
Property Tax 
$6,702
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.12
Sewer 
Public Sewer
SqFt Total 
4688
Utilities 
Electricity AvailableNatural Gas Available
Water Source 
Public
Zoning 
C-1
Interior Features
Cooling 
Wall Unit(s)Ceiling Fan(s)
Heating 
ElectricBaseboard
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Exterior Features
Construction Details 
Concrete
Roof 
Asphalt
Listing courtesy of Thomas Connor of Horvath & Tremblay Office Phone: (781) 776-4000 Broker Contact: (203) 243-8785



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Last checked: 2026-09-20 11:13 PM UTC.

Neighborhood & Commute
Source: Walkscore
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