35 Bank Street Active

New London,CT 06320

$ 375000

- Bed

- Bath

21408 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 21,408 sqft

Price per Sqft $17

MLS Listing ID 24050337

Year Built 1920

Annual Tax Amount $10,935

Lot Size 0.260 Acres

Property Description

Landmark, historic theater in the heart of downtown New London located in the Opportunity Zone, ready to be refurbished or re-purposed with potential for adding floors and multiple revenue streams. Building has an 11,000 SF footprint, approximately 3,500 SF mezzanine and 11,000 SF basement. Built in 1921 as a Vaudeville theater, later used as a movie theater, seated 2,500. new roof in 2010. Federal and Historic Tax credits applicable. Wonderful opportunity to create a destination site! In close proximity to Amtrak and Long Island ferry stations and the future Coast Guard Museum.

Location

State CT

County New London

Zoning CBD1 & Opportunity Zone

Interior

Heating Steam

Cooling None

Exterior

Utilities Available Electric Available,Phone Available,Cable

Roof Type Flat

Building

Lot Description Level Lot

Foundation Brick,Masonry

Sewer Public Sewer Connected

Water Public Water Connected

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