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MLS 24143223 For Sale Updated March 3, 2026
52 Bank Street

New London, Connecticut 06320

$1,200,000
On market 89 days
52 Bank Street
1 / 9

About This Property

Longstanding bar/restaurant with one of the largest waterfront decks in CT. 3,632 SF. Inside restaurant seating for 130. 1,321 SF outdoor deck with seating for 50. Business only for sale for $300,000; both property and business for sale for $1,200,000. Buildings were completely renovated in 2022. All new appliances, utilities and roof. 2 Handicap accessible bathrooms. Additional 2 bathrooms including 1 shower. Natural gas and propane heat. Split Unit A/C. In close proximity to train station and ferries. Beautiful water views. Located in City of New London's Enterprise Zone and Federal Opportunity Zone.

Property Details

Interior

Heat
Hot Air — Gas In Street
Cooling
Split System

Exterior & Lot

Roof
Tar/Gravel
Construction
Construction
Lot Description
Dry Level Lot

Utilities & Systems

Water Source
Public Water Connected
Sewer
Public Sewer In Street

Community & Schools

Elementary
NULL
Middle
NULL
High
NULL

52 Bank Street

New London , Connecticut 06320

$1,200,000

On market 89 days

Beds
-
Baths
-
SqFt
1,952
Type
Commercial
County New London
Garage -
Rooms -
Lot Size 0.13 Acres
Property Tax $12,031
Assessed Value $426,800
Year Built 1945
Zoning CBD-1

Payment Estimate

30-year fixed. Includes taxes; estimates only.

Estimated Monthly Payment
Open the full mortgage calculator →

Property Map

Map location is based on the property address.

Listing information is deemed reliable but not guaranteed and is sourced from the local MLS feed. Brokerage shown: THAM60.

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