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116 Bank StreetNew London, CT 06320MLS Number 170138416

  • Price: $347,500The price has recently decreased
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.57% last updated on 2019-10-10

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 0.11Acreage
  • 1900Year Built
  • 6,191Square Feet
  • $197,470Assessed value

Great investment opportunity! Waterside property in downtown New London to be sold with adjacent property - 130 Bank Street, see MLS listing #170138338. Total price for both properties is $595,000. First floor 1,763 SF built out for retail (formerly a tattoo parlor). Second floor has 1,394 SF unoccupied space partially built out - great for apartments.

Listed by Constance Howard and Susan Howard of US Properties

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Market Realty, LLC

Your Local Office

Market Realty, LLC
28 Cottrell St
Mystic CT, 06355

Office: 860.572.1155

More Info

Basic Information

  • Broker NameUS Properties
  • List Price$347,500
  • MLS Number170138416
  • Property TypeCommercial For Sale
  • StatusACT
  • TownNew London
  • Commercial catagoryInvestment
  • ColistofficenameUS Properties
  • Also for leaseNo

Utilities

  • Heat SystemBaseboard
  • Heating FuelElectric
  • Utilities availableElectric Available, Gas Available, Phone Available, Cable Available
  • Water sourcePublic Water Connected
  • Cooling SystemCeiling Fans, Wall Unit
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Assessed value$197,470
  • Taxes$8,116
  • Tax YearJuly 2019-June 2020
  • Milrate base39
  • Milrate tax district1
  • Milrate total41.1

Property

  • Acreage0.11
  • Lot DescriptionZero Lot Line
  • Parking Spaces
  • Parking spaces covered
  • Parking spaces uncovered
  • Parking spaces per 1000sqft
  • FloodzoneNo
  • Road Frontage DescriptionMunicipal Street, Paved Road
  • SwimmingpoolNo

Other

  • Documents AvailableBrochure
  • Lease purchaseNo
  • Purchase optionNo
  • Inventory includedNo
  • Space is leasedNo
  • View Count36

Basic Information

  • Agent IDhowardcc, ehowards

Location

  • CountyNew London
  • LocationDowntown
  • StateCT
  • Zip06320

Building

  • FoundationConcrete
  • RoofAsphalt Shingle
  • Year Built1900
  • Building ConstructionFrame
  • AtticNo
  • Garages
  • Garage Parking InfoOn Street Parking, Off Street Parking, Parking Lot
  • Square Feet6,191
  • Stories2
  • Additional space availableNo

Water Body

  • WaterfrontNo

Auction

  • Bank owned propertyNo

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Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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