New London, CT 06320,463 Bank Street #C 1&2

$350,000

$395,000

11.4%
Est.Price: ?

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Est. payment /mo

3,708 SqFt


SOLD DATE : 04/21/2022

Key Details

Sold Price $350,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 3,708 sqft

Price per Sqft $94

MLS Listing ID 170426709

Sold Date 04/21/22

Year Built 1892

Annual Tax Amount $8,886

Property Description

Located in the Central Business District of New London, these two commercial condominium properties offer an opportunity for business owners and investors alike. Situated on a busy corner of downtown New London within the Opportunity Zone, these Commercial Condos are located in Harbour Towers, a 52 unit residential condo complex with a traffic count of 21,000+. Unit C1 offers 1,830 SF and C2 offers 1,878 SF for a combined 3,700+ square feet of commercial space. Public parking lot for 8 cars, on-street parking, and a total of 10 designated parking spaces in the attached, covered parking garage. C1 and C2 combined Monthly Association Fees are currently $196.49; these common fees typically go up only once per year, if then, when the next year’s budget is fixed at the Annual Meeting, scheduled towards the end of the calendar year. With many new construction residential units recently finished directly across the street, this property is a great opportunity to capture increased consumer traffic. The property is also available for lease at $12/SF/YR +NNN. Ask your agent for a property information packet.

Location

State CT

County New London

Zoning CBD1

Interior

Interior Features Window Display

Heating Radiant

Cooling Central Air

Exterior

Exterior Feature Awnings, Lighting, Sidewalk

Garage Assigned Parking, Parking Garage, Parking Lot

Utilities Available Electric, Gas, Telephone, Cable

Roof Type Flat,Tar/Gravel

Building

Lot Description Corner Lot

Sewer Public Sewer Connected

Water Public Water Connected

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Listed by Tyler J. Gracey • Seaport Real Estate Services
Bought with Tyler J. Gracey • Seaport Real Estate Services

GET MORE INFORMATION

Osi Rosenberg

Broker | REB.0791464

+1(203) 738-5999

2051 Main St, Stratford, CT, 06615

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