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463 Bank Street, Unit C 1&2New London, CT 06320MLS Number 170286657

  • Price: $415,000The price has recently decreased
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 2.8% last updated on 2020-10-22

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

Listed by Tyler Gracey and Kim Casey of Seaport Commercial
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  • $415,000List Price
  • 3,708Square Feet
  • 1892Year Built
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. Please ask your agent for a property information packet.

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Market Realty, LLC

Your Local Office

Market Realty, LLC
28 Cottrell St
Mystic CT, 06355

Office: 860.572.1155

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More Info

Basic Information

  • Broker NameSeaport Commercial
  • List Price$415,000
  • MLS Number170286657
  • Property TypeCommercial For Sale
  • StatusACT
  • TownNew London
  • Virtual TourView Tour
  • Commercial catagoryOffice, Retail, Other
  • ColistofficenameSeaport Commercial
  • Also for leaseNo
  • MLS StatusActive

Interior

  • Interior featuresWindow Display

Utilities

  • Heat SystemRadiant
  • Heating FuelNatural Gas
  • Utilities availableElectric, Gas, Telephone, Cable
  • Water sourcePublic Water Connected
  • Cooling SystemCentral Air
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Assessed value$96,880
  • Taxes$3,700
  • Tax YearJuly 2020-June 2021
  • Milrate base38
  • Milrate total38.19

Building

  • RoofFlat, Tar/Gravel
  • Year Built1892
  • Building ConstructionBrick, Masonry
  • AtticNo
  • Garage Spaces
  • Garage Parking InfoAssigned, Parking Garage, Parking Lot
  • Square Feet3,708
  • Additional space availableNo

Exterior

  • Exterior featuresAwnings, Lighting, Sidewalk

Auction

  • Bank owned propertyNo

Basic Information

  • Agent IDGRACEYTY, 840741

Location

  • CountyNew London
  • LocationDowntown, Urban
  • StateCT
  • Zip06320

Property

  • Lot DescriptionCorner Lot
  • Parking Spaces10
  • Parking spaces covered10
  • Parking spaces uncovered
  • Parking spaces per 1000sqft
  • FloodzoneNo
  • Road Frontage DescriptionMunicipal Street, Paved Road
  • SwimmingpoolNo

Other

  • Documents AvailableBrochure, Demographic Data, Legal Description
  • Lease purchaseNo
  • Purchase optionNo
  • Inventory includedNo
  • Traffic count21000
  • Space is leasedNo
  • Present useOffice space / Cafe
  • Potential useOffice or add to C1 for Cafe
  • View Count7

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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