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$379,000
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Property Description
Two story multi-use building in downtown New London. Priced to sell! First floor and second floor are 5,092 SF each; 10,184 SF total. Fully leased first floor. One tenant paying $1,000/month. Second tenant paying $1,150/month. Second floor tenant; a gym, pays $1,350/month. Drive-thru door in back of building for second floor if needed. Access also from stairs in front of building. Owner financing available.
Full Property Details
Full Property Details for 369 Bank St
General
- Price: $379,000
- Taxes: (July 2024-June 2025)
- Status: Under Contract
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 170377675
- Updated: 6/11/2025
- Added to Site: 1, 572 day(s) ago
Parking
- Parking: On Street Parking
Location
- County: New London
- Driving Directions: Bank Street, downtown New London.
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Oil
- Heating Fuel: Oil
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric Available, Phone Available
Structural Information
- Construction Status: No/Resale
- Roof: Tar/Gravel
- Square Feet: 10,184
- Sq. Ft. Source: Public Records
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.12
- Frontage: Municipal Street
- Zoning: CBD1 + Opportunity Zone
- Lot Description: Dry, Level Lot
Financial Considerations
- Assessment Amount: $300,500
- Tax Year: July 2024-June 2025
Disclosures and Reports
- Documents Avail.: Brochure
- Property ID: 1999950
Listed by US Properties, Constance Howard and US Properties, Susan Howard Cihocki
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Schools
Schools serving 369 Bank St
School District:New London School District
Rating | Name | Grades | Distance |
---|---|---|---|
490 Jefferson Ave, New London, CT 06320 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 369 Bank St
Date
Details
Price
Change
Source
3/05/2021
Listed
$379,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 369 Bank St
369 Bank Street, New London, CT 06320 (MLS# 170377675) is a Commercial property. 369 Bank Street is currently listed for $379,000 and was received on March 05, 2021. Want to learn more about 369 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.