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$750,000

  • For Sale
  • Active
  • Commercial
See This Home
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See This Home
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Four story, 11,656 SF commercial building in the heart of downtown gutted and ready for buildout. City approvals for 9 apartments and 2 commercial spaces. 2,919 SF basement. 2021 appraisal available as well as architectural renderings. Great visibility and development opportunity in close proximity to the Amtrak station and future USCG Museum.

Full Property Details for 27 Bank St

General

  • Price: $750,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 170578568
  • Updated: 11/26/2025
  • Added to Site: 943 day(s) ago

Parking

  • Parking: On Street Parking, Parking Lot

Location

  • County: New London
  • Driving Directions: Bank Street, downtown New London.

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Air, Oil
  • Heating Fuel: Oil

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected
  • Utility Description: Electric Available, Phone Available, Cable Available

Structural Information

  • Construction Status: No/Resale
  • Roof: Asphalt Shingle, Tar/Gravel
  • Square Feet: 11,656
  • Sq. Ft. Source: Public Records
  • Year Built: 1875

Lot Features

  • Lot Size (Acres): 0.08
  • Frontage: Municipal Street
  • Zoning: CBD1
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $623,000
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Documents Avail.: Brochure
  • Property ID: 1999827

Listed by US Properties, Constance Howard and US Properties, Susan Howard Cihocki

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Listing agents

— 27 Bank St —

  • Constance Howard

    US Properties

  • Susan Howard Cihocki

    US Properties

Agent Contact: (615) 293-3878 Office Contact: (860) 437-0101

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 27 Bank St

School District:New London School District
NameGradesDistance
New London High School
20 Chester Street, New London, CT 06320
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 27 Bank St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/23/2025
Price Increased
$750,000
32.28%
MLS
6/20/2023
Listed
$567,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 27 Bank St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,562
-1%
$623,000
—
2023
$17,756
224%
$623,000
337%
2023
$5,480
—
$142,590
—
2022
$5,484
-2%
$142,590
—
2021
$5,582
-1%
$142,590
—
2020
$5,617
-4%
$142,590
—
2019
$5,860
1%
$142,590
11%
2018
$5,805
2%
$128,590
—
2017
$5,691
6%
$128,590
—
2016
$5,379
6%
$128,590
—
2015
$5,078
15%
$128,590
—
2014
$4,407
-14%
$128,590
-31%
2011
$5,117
—
$186,060
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 27 Bank St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by US Properties, Constance Howard and US Properties, Susan Howard Cihocki

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27 Bank Street, New London, CT 06320 (MLS# 170578568) is a Commercial property. 27 Bank Street is currently listed for $750,000 and was received on June 20, 2023. Want to learn more about 27 Bank Street? Do you have questions about finding other Commercial real estate for sale in New London? You can browse all New London real estate or contact a Coldwell Banker agent to request more information.

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