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463 Bank St C1, New London, 06320

REDUCED 10% Commercial/Investment - Office, Other, Retail For Sale

$224,000

Beds
Baths
1,830Sqft
1892Built
120DOM
MLS® #: 170286640
Active, 120 Days on Market

Located in the Central Business District of New London, this commercial condominium property offers an opportunity for business owners and investors alike. Situated on a busy corner of downtown New London within the Opportunity Zone, this retail condo is part of Harbour Towers, a 52 unit residential condo complex with a traffic count of 21,000+. This unit is 1,830 SF with a public parking lot for 8 cars. Previously a popular coffee shop. Includes 5 designated parking spaces in the attached, covered parking garage. Unit C1 Monthly Association Fees are currently $96.97; These Common Fees typically go up only once per year, if then, when the next year’s budget is fixed at the Annual Meeting, scheduled towards the end of the calendar year. Adjacent 1,878 SF Commercial Condo (Unit C2) is also available for sale for $249,000 with the MLS #170286639. Would prefer to sell the 2 units as a package for $498,000 with MLS #170286657. For comprehensive Property Packet, please visit the following https://bit.ly/463BankSt_PropertyPacket

Essential Information

MLS® #: 170286640
Price: $224,000
Bathrooms: 0.00
Square Footage: 1,830
Acres: 0.00
Year Built: 1892
Type: Commercial/Investment
Sub-Type: Office, Other, Retail
Status: Active

Community Information

Address: 463 Bank St C1
Area: N/A
City: New London
County: New London
State: CT
Zip Code: 06320

Amenities

Utilities: Electric, Cable, Gas, Telephone
Parking Spaces: 5
Parking: Assigned, Parking Lot, Parking Garage
Garages: Assigned, Parking Lot, Parking Garage

Interior

Interior: Concrete
Interior Features: Window Display
Heating: Radiant, Natural Gas
Cooling: Central Air

Exterior

Exterior Features: Lighting, Sidewalk, Awnings
Lot Description: Corner
Roof: Tar/Gravel, Flat
Construction: Masonry, Brick
Foundation: Stone, Masonry

Additional Information

Date Listed: April 9th, 2020
Days on Market: 120
Zoning: CBD1

Listing Details

Listing Office: Seaport Commercial

Financials

$/SqFt: $122

©2020 Listings courtesy of the Connecticut Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing data is deemed reliable but is not guaranteed accurate by the MLS.