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463 Bank St C 1&2, New London, 06320

Commercial/Investment - Retail, Other, Office For Sale


MLS® #: 170426709
Under Contract, 167 Days on Market

Located in the Central Business District of New London, these two commercial condominium properties offer an opportunity for business owners and investors alike. Situated on a busy corner of downtown New London within the Opportunity Zone, these Commercial Condos are located in Harbour Towers, a 52 unit residential condo complex with a traffic count of 21,000+. Unit C1 offers 1,830 SF and C2 offers 1,878 SF for a combined 3,700+ square feet of commercial space. Public parking lot for 8 cars, on-street parking, and a total of 10 designated parking spaces in the attached, covered parking garage. C1 and C2 combined Monthly Association Fees are currently $196.49; 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. With many new construction residential units recently finished directly across the street, this property is a great opportunity to capture increased consumer traffic. The property is also available for lease at $12/SF/YR +NNN. Ask your agent for a property information packet.

Essential Information

MLS® #: 170426709
Price: $395,000
Bathrooms: 0.00
Square Footage: 3,708
Acres: 0.00
Year Built: 1892
Type: Commercial/Investment
Sub-Type: Retail, Other, Office
Status: Under Contract

Community Information

Address: 463 Bank St C 1&2
Area: N/A
City: New London
County: New London
State: CT
Zip Code: 06320


Utilities: Electric, Gas, Telephone, Cable
Parking Spaces: 10
Parking: Parking Lot, Assigned, Parking Garage
Garages: Parking Lot, Assigned, Parking Garage


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


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

Additional Information

Date Listed: August 11th, 2021
Days on Market: 167
Zoning: CBD1

Listing Details

Listing Agent: Tyler J Gracey
Listing Office: Seaport Real Estate Services


$/SqFt: $107

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Listing information last updated on January 25th, 2022 at 5:38pm EST.