53 Bank Street

For Sale

53 Bank Street, New London, CT 06320

This New London property for sale is located at 53 Bank Street. The current listed sale price for 53 Bank Street is $1,950,000. 53 Bank Street is situated on a lot that is 0.11 acre in size.

Contacts

US Properties Centralized Leasing

US Properties

Property Details

  • Property Type Retail
  • Property Size 10,636 SF
  • Lot Size 0.11 Acre
  • Date Updated Apr 9, 2026

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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 89/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 47/100

    Bike Score ®

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Location

  • City New London, CT
  • Zip Code 06320
  • Market Bridgeport New Haven

Points of Interest

  • New London

    0.09 miles

  • New London Union Station

    0.09 miles

  • Citgo

    1.43 miles

  • Bestway

    1.55 miles

  • Gulf Express

    1.64 miles

  • Shell

    1.71 miles

  • Hess

    1.72 miles

  • Gulf

    1.84 miles

  • Mobil

    1.90 miles

  • Water Street Garage

    0.15 miles

  • Cornish Parking Garage

    0.24 miles

  • Crocker's Boat Yard

    0.47 miles

  • USCG Parking

    0.51 miles

  • Fort Trumbull Parking

    0.67 miles

  • B-Annex

    0.85 miles

  • B Lot

    1.00 miles

  • G Lot

    1.13 miles

  • J-Lot

    1.15 miles

  • Noble

    0.02 miles

  • Dockside Resort Bar

    0.03 miles

  • Mi Casa Mexican Restaurant #2

    0.04 miles

  • Thames Landing Oyster House

    0.05 miles

  • Right Path Organic Cafe

    0.09 miles

  • RD86

    0.10 miles

  • Noodles & Rice Bistro

    0.11 miles

  • State Street Diner

    0.11 miles

  • Kin D Thai and Sushi

    0.12 miles

  • Wings 'n' Pies

    0.13 miles

  • Fiddleheads Food Co-op

    0.35 miles

  • Coast Guard Exchange

    1.53 miles

  • Burlington

    1.57 miles

  • Stop & Shop

    1.74 miles

  • ShopRite

    1.78 miles

  • Kohl's

    1.78 miles

  • ALDI

    1.82 miles

  • Walmart

    1.89 miles

  • TJ Maxx

    2.04 miles

  • Big Y

    2.41 miles

Contact Listing Broker
US Properties Centralized Leasing

US Properties

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