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$1,200,000
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Property Description
Longstanding bar/restaurant with one of the largest waterfront decks in CT. 3,632 SF. Inside restaurant seating for 130. 1,321 SF outdoor deck with seating for 50. Business only for sale for $300,000; both property and business for sale for $1,200,000. Buildings were completely renovated in 2022. All new appliances, utilities and roof. 2 Handicap accessible bathrooms. Additional 2 bathrooms including 1 shower. Natural gas and propane heat. Split Unit A/C. In close proximity to train station and ferries. Beautiful water views. Located in City of New London's Enterprise Zone and Federal Opportunity Zone.
Full Property Details
Full Property Details for 52 Bank St
General
- Price: $1,200,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24143223
- Updated: 1/2/2026
- Added to Site: 46 day(s) ago
Location
- County: New London
- Driving Directions: GPS friendly.
Heating & Cooling
- Cooling Type: Split System
- Heating Type: Hot Air, Gas In Street
- Heating Fuel: Gas In Street
Utilities
- Sewer: Public Sewer In Street
- Water: Public Water Connected
- Utility Description: Electric Available, Gas Available, Phone Available, Cable Available
Structural Information
- Roof: Tar/Gravel
- Stories/Levels: 1
- Stories in Building: 1
- Square Feet: 1,952
- Sq. Ft. Source: Public Records
- Year Built: 1945
Lot Features
- Lot Size (Acres): 0.13
- Frontage: Municipal Street
- Zoning: CBD-1
- Lot Description: Dry, Level Lot
Financial Considerations
- Assessment Amount: $426,800
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Brochure
- Property ID: 1999772
Listed by U.S. Properties Real Estate Services, LLC, Constance Howard
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Schools
Schools serving 52 Bank St
School District:New London School District
| Name | Grades | Distance |
|---|---|---|
Harbor School 432 Montauk Avenue, New London, CT 06320 | PK-5 | 1.3 mi |
Bennie Dover Jackson Middle School 36 Waller Street, New London, CT 06320 | 6-8 | 0.7 mi |
New London High School 20 Chester Street, New London, CT 06320 | 9-12 | 1.5 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 52 Bank St
Date
Details
Price
Change
Source
1/02/2026
Price Increased
$1,200,000
20%
MLS
12/03/2025
Listed
$1,000,000
458.66%
MLS
3/17/2021
Sold
$179,000
—
Public Record
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
Tax History for 52 Bank St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,031
-1%
$426,800
—
2023
$12,164
-29%
$426,800
-4%
2023
$17,096
36%
$444,850
36%
2022
$12,613
-2%
$327,950
—
2021
$12,839
-1%
$327,950
—
2020
$12,918
-4%
$327,950
—
2019
$13,479
-5%
$327,950
4%
2018
$14,213
2%
$314,860
—
2017
$13,936
6%
$314,860
—
2016
$13,171
6%
$314,860
—
2015
$12,434
15%
$314,860
—
2014
$10,790
20%
$314,860
-3%
2011
$8,961
—
$325,850
—
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
Estimate the Cost for 52 Bank St
52 Bank Street, New London, CT 06320 (MLS# 24143223) is a Commercial property. 52 Bank Street is currently listed for $1,200,000 and was received on December 03, 2025. Want to learn more about 52 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.

