463 Bank St. Units C1 & C2

New London, CT

Retail for Sale - $395,000 - 3,700 Sq. Ft.

Agent Info

Tyler Gracey
Seaport Commercial

Property Info

  463 Bank St. Units C1 & C2
  New London CT 06320
UpdatedAugust 11th, 2021
Building3,700 Sq. Ft.


Property Description

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.

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