53 Bank Street

53 Bank Street, New London, CT 06320

Property Information

  • For Sale $1,950,000
  • Property Type Retail
  • Property Size 10,636 SF
  • Lot Size 0.11 Acre
  • Date Updated Jun 26, 2026

Description

Mixed Use Property with 1 commercial unit and 8 

apartments located in the heart of downtown New London.

This 10,636 SF, 3 story building has 1 commercial 2,556 SF unit on 

the ground level. Formerly ‘Daimond Pizza’ the restaurant space is 

currently vacant and turnkey-ready with F,F&E.

There are 8 apartments on the 5,112 SF second and third floors. 

There is a 2,556 SF basement. NOI approximately $107,329. Room 

to increase NOI leasing the commercial unit which had been paying 

$3,075 / month. Call office for financials. Excellent investment 

property with stable cash flow. Property may be purchased as a 

package with 153 Bank Street and 147 Bank Street for a total of 6 

commercial units and 17 Apartments.

Contacts

Location

Contact Listing Broker
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