116 Bank St

For Sale$595,000

116 Bank St, New London, CT 06320

  • Retail

116 Bank St, New London, CT 06320 - Retail Space

116 Bank St is located at 116 Bank St in the New London neighborhood, CT, New London, 06320. The Retail building was completed in 1900 and features a total of 3,157 Sqft.

There are 12 retail spaces for lease in the New London neighborhood, totaling 20,151 Sqft of available retail space. The retail space availability for the 06320 zip code is 20,151 Sqft, in 12 retail spaces. The average asking retail rent per sq. ft. in New London is $15.26/sqft/year. For Class C retail buildings the average retail rate is $12/sqft/year.

In New London, there is 1 class C retail building. At zip code level, there are 15 commercial properties, of which 2 are retail buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Price $595,000
  • City New London
  • Neighborhood New London
  • Zip Code 06320
  • Property Type Retail
  • Property Size 3,157 Sqft
  • Lot Size 0.11 Acre
  • Year Built 1900
  • Date Updated 12 Feb, 2021

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

Description

For sale along with 130 Bank St.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 116 Bank St?

116 Bank St totals 3,157 square feet.

When was this property built?

116 Bank St was built in 1900.

New London Demographics

The average household income in zip code 06320 is $62,496, from a total of 10,740 households. In terms of employment, there are 80.71 % white-collar and 19.29 % blue-collar jobs in zip code 06320.

Population

  • Total Population26,966
  • Male Population(47.5 %) 12,805
  • Female Population(52.5 %) 14,161
  • Median Age31.60

Income/Financial

  • Average Household Income$62,496
  • Median Household Income$46,298
  • Median Income Under 25$38,391
  • Median Income 25-44$52,524
  • Median Income 45-64$42,091
  • Median Income Over 65$45,690

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