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MLS 24150715 For Sale Updated March 11, 2026
153 Bank Street

New London, Connecticut 06320

$2,450,000
On market 32 days
153 Bank Street
1 / 13

About This Property

Mixed-use property with 4 commercial units and 6 apartments located in the heart of downtown New London. This 17,378 SF, 3 story building has 4 commercial units in 3,942 SF on the ground level SF commercial and 6 apartments on the 7,884 SF second and third floors. There is a 3,942 SF basement. NOI approximately $117,227. Two of the commercial units are recently vacant so there is room to increase NOI. Call office for financials. Excellent investment property with stable cash flow. Property may be purchased as a package with 53 Bank St and 147 Bank Street for a total of 6 commercial units and 17 Apartments.

Property Details

Interior

Heat
Heat Pump — Natural Gas
Cooling
Split System

Exterior & Lot

Roof
Tar/Gravel
Construction
Construction
Lot Description
Level Lot

Utilities & Systems

Water Source
Public Water Connected
Sewer
Public Sewer Connected

Community & Schools

Elementary
NULL
Middle
NULL
High
NULL

153 Bank Street

New London , Connecticut 06320

$2,450,000

On market 32 days

Beds
-
Baths
-
SqFt
17,378
Type
Commercial
County New London
Garage -
Rooms -
Lot Size 0.18 Acres
Property Tax $17,686
Assessed Value $627,400
Year Built 1927
Zoning CBD-1

Payment Estimate

30-year fixed. Includes taxes; estimates only.

Estimated Monthly Payment
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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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