Smart MLS #24050337

35 Bank St,
New London, CT 06320
For Sale
$375,000
Commercial
21408 Sqft · 1 Units · INVEST,OFFICE,RETAIL,OTHER
Landmark, historic theater in the heart of downtown new london located in the opportunity zone, ready to be refurbished or re-purposed with potential for adding floors and multiple revenue streams. building has an 11,000 sf footprint, approximately 3,500 sf mezzanine and 11,000 sf basement. built in 1921 as a vaudeville theater, later used as a movie theater, seated 2,500. new roof in 2010. federal and historic tax credits applicable. wonderful opportunity to create a destination site! in close proximity to amtrak and long island ferry stations and the future coast guard museum.

Map


Listing

Market Stats
  • List $375,000
  • 179 Days on Market

Real Estate Agent


Details

Building
  • Built 1920
  • 1 Units

Sqft
  • 21408 Total Sqft

Lot / Land
  • 0.26 Acres
  • 900 Neighborhood
  • Level Lot
  • TOWN

Utilities
  • Steam
  • Oil
  • Public Water
  • Public Sewers

Taxes
  • Assessment $383,700
  • Mill Rate 27.50
  • Taxes $10,935
  • Parcel Num 2436909


Mortgage Calculator
  • 30yr Fixed-Rate Loan
  • 6.83% Interest
  • Purchase Price $375,000
  • Down Payment $75,000 (20.00%)

Estimated Payment with
30yr Fixed Rate Mortgage

Monthly
$2,873


Monthly Est. $2,873
Yearly Est. $34,476
30yr Est. $1,034,289
Go to the Mortgage Calculator
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This real estate listing for sale at 35 Bank St is presently used as with 21408 total sqft and was built in 1920. It is located in the New London, Connecticut area with the 06320 zip code. For more info about the property at 35 Bank St, New London, CT 06320 United States or if you would like to schedule a showing, please contact the listing agent above.

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