About 147 Bank Street
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. Aerial Footage: https://tinyurl.com/147-153bankstreet
Features of 147 Bank Street
| MLS® # | 24150720 |
|---|---|
| Price | $1,350,000 |
| Square Footage | 11,894 |
| Square Footage | Public Records |
| Acres | 0.09 |
| Type | Commercial For Sale |
| Status | Active |
Community Information
| Address | 147 Bank Street |
|---|---|
| Area | N/A |
| City | New London |
| County | New London |
| State | Connecticut |
| Zip Code | 06320 |
Amenities
| Utilities | Electric, Gas Available, Phone Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Heat Pump, Natural Gas |
|---|---|
| Cooling | Split System |
| Fireplace | No |
| # of Stories | 4 |
| Has Basement | No |
Exterior
| Lot Description | Level Lot |
|---|---|
| Roof | Tar/Gravel |
Additional Information
| Date Listed | February 6th, 2026 |
|---|---|
| Days on Market | 215 |
| Zoning | CBD-1 |
| RE / Bank Owned | No |
Listing Details
| Office | U.S. Properties Real Estate Services, LLC |
|---|