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 the 5,508 SF 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. Contact 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® # | 24159494 |
|---|---|
| Price | $1,350,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 8,701 |
| Acres | 0.09 |
| Type | Multi-Family For Sale |
| Sub-Type | 3 Family |
| Style | Units on different Floors |
| Status | Active |
Community Information
| Address | 147 Bank Street |
|---|---|
| Area | N/A |
| City | New London |
| County | New London |
| State | Connecticut |
| Zip Code | 06320 |
Amenities
| Is Waterfront | No |
|---|---|
| Waterfront | View |
| Has Pool | No |
Interior
| Heating | Heat Pump, Natural Gas |
|---|---|
| Cooling | Split System |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Unfinished |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | Level Lot |
| Roof | Other |
| Foundation | Masonry |
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | March 13th, 2026 |
|---|---|
| Days on Market | 180 |
| Zoning | CBD-1 |
| RE / Bank Owned | No |
Listing Details
| Office | U.S. Properties Real Estate Services, LLC |
|---|