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MLS 24150720 For Sale Updated February 7, 2026
147 Bank Street

New London, Connecticut 06320

$1,500,000
147 Bank Street
1 / 5

About This Property

Fully leased, mixed-use property located in the heart of downtown New London. This 11,894 SF, 2 story building has a 3,193 SF commercial space on the 1st floor and 3 apartments on 5,508 SF on the second floor. There is a 3,193 SF basement. The apartments have high ceilings, large windows and beautiful views of the Thames River. Building was fully renovated in 2017. NOI approximately $76,536. Call office for financials. Excellent investment property with stable cash flow. Property may be purchased as a package with 53 Bank St and 153 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

147 Bank Street

New London , Connecticut 06320

$1,500,000
Beds
-
Baths
-
SqFt
11,894
Type
Commercial
County New London
Garage -
Rooms -
Lot Size 0.09 Acres
Property Tax $13,272
Assessed Value $470,800
Year Built 1900
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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