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52 Bank StreetNew London, CT 06320MLS Number 170293303

  • Price: $389,900The 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 Constance Howard and Susan Howard of US Properties
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52 Bank New London CT 0632052 Bank New London CT 0632052 Bank New London CT 0632052 Bank New London CT 0632052 Bank New London CT 0632052 Bank New London CT 0632052 Bank New London CT 0632052 Bank New London CT 0632052 Bank New London CT 0632052 Bank New London CT 0632052 Bank New London CT 0632052 Bank New London CT 0632052 Bank New London CT 0632052 Bank New London CT 0632052 Bank New London CT 0632052 Bank New London CT 0632052 Bank New London CT 0632052 Bank New London CT 0632052 Bank New London CT 06320
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  • $389,900List Price
  • 0.14Acreage
  • 3,632Square Feet
  • 1945Year Built
Turnkey restaurant/bar with one of the largest waterfront decks on the Connecticut shoreline. Great opportunity to open NOW as restaurants with outdoor dining are allowed to open up. Total of 3,632 SF with seating for 130. Deck is 1,321 SF with seating for over 100. DJ booth, dance floor, beautiful bar with views of the Thames River and Long Island Sound. In close proximity to to train and ferry stations. Located in the city's Enterprise Zone. Property is comprised of 2 separate buildings currently used as one but could be divided into building 1) Total 5,225 SF (1,952SF 1st floor; 1,952SF basement; 1,321 Outdoor Deck) and Building 2: Total 3,360 SF (1,680 SF 1st floor; 1,680 SF basement).

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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 NameUS Properties
  • List Price$389,900
  • MLS Number170293303
  • Property TypeCommercial For Sale
  • StatusACT
  • TownNew London
  • Virtual TourView Tour
  • Commercial catagoryInvestment, Retail
  • ColistofficenameUS Properties
  • Also for leaseNo
  • MLS StatusActive

Utilities

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

Tax Information

  • Assessed value$327,950
  • Taxes$12,918
  • Tax YearJuly 2020-June 2021
  • Milrate base38
  • Milrate tax district1
  • Milrate total39.39

Property

  • Acreage0.14
  • Lot DescriptionLevel Lot
  • Parking Spaces
  • Parking spaces covered
  • Parking spaces uncovered
  • Parking spaces per 1000sqft
  • FloodzoneNo
  • Road Frontage DescriptionMunicipal Street
  • SwimmingpoolNo

Other

  • Documents AvailableBrochure
  • Lease purchaseNo
  • Purchase optionNo
  • Inventory includedNo
  • Space is leasedNo
  • View Count6

Basic Information

  • Agent IDhowardcc, ehowards

Location

  • CountyNew London
  • LocationHighway Access
  • StateCT
  • Zip06320

Building

  • FoundationConcrete
  • RoofAsphalt Shingle
  • Year Built1945
  • Building ConstructionBrick, Masonry
  • AtticNo
  • Garage Spaces
  • Garage Parking InfoOn Street Parking, Parking Lot
  • Square Feet3,632
  • Additional space availableNo

Amenities

  • UsmAmenitiesBasement, Waterfront

Auction

  • Bank owned propertyYes

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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