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369 Bank St
New London, CT 06320

$379,000 USD

Storefront Retail Residential For Sale • 10,184 SF

Property Details

Property Type Storefront Retail Residential
Total Building Size 10,184 SF
Lot Size 0.12 AC
Building Class C
Year Built 1900
Cap Rate 4.80 %
Tenancy Multiple
Zoning Commercial

35 Transit Score

85 Walk Score

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 $1000/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.

                
                    Highlights
                
                                Investment opportunity.

Cap Rate:

4.80 %

Amenities

Bus Line

Public Transportation

Commuter Rail	Drive	Walk	Distance
New London (Shore Line East - Shore Line East)	0 min	8 min	0.4 mi
Mystic Amtrak (Northeast Regional - Amtrak)	15 min	-	9.8 mi

Susan Howard Cihocki 860-941-0694 US Properties

369 Bank St New London, CT 06320