- For Sale $1,950,000
- Property Type Retail
- Property Size 10,636 SF
- Lot Size 0.11 Acre
- Date Updated Apr 9, 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.
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Contacts
US Properties
Location
US Properties