For Lease
$194.04/SF/YR

8 Bank St New London, CT 06320

Prime Corner Location, 2,226 SF, 6 Months Free Rent

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 2,226-square-foot retail or restaurant space is ideally situated on a prime corner lot in the heart of downtown New London, CT, at the intersection of Bank Street and State Street. The property boasts a prominent street presence with 1,308 square feet facing Bank Street and 918 square feet on State Street, ensuring high visibility and foot traffic. Built in 1900, this single-story building sits on a 0.05-acre lot and is zoned CBD1, offering flexibility for a variety of commercial uses. The space is currently vacant and features ample indoor seating for approximately 65 patrons, making it perfect for a restaurant or other high-traffic business. A fully equipped kitchen is included, featuring a hood system, fryolators, pizza oven, gas stove, three-bay sink, and a walk-in cooler, among other appliances. The property is offered "as is" with an attractive incentive: six months of free rent. The lease rate thereafter is $3,000 per month, plus utilities. Its convenient location near the train station and ferry terminal provides easy access for both employees and customers. This is a rare opportunity to secure a highly visible and well-equipped commercial space in a thriving downtown area.

Highlights

  • Retail and restaurant space totaling 2,226 square feet.
  • Single-tenant occupancy.
  • Located on a prime corner lot in downtown New London, CT at the intersection of Bank Street and State Street.
  • Building features approximately 1,308 square feet on Bank Street and 918 square feet on State Street.
  • Built in 1900, the one-story building sits on a 0.05-acre lot and is zoned CBD1.
  • Includes kitchen equipment (hood, fryolators, pizza oven, gas stove, 3-bay sink, walk-in cooler).

Property Details for 8 Bank St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
2,226 SF
Year Built
1900
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
2,226 SF
Rate per SF
$194.04

Location Insight

City
New London
County
New London
State
Connecticut
Latitude
41.3538903
Longitude
-72.093805

FAQs

What type of property is this?
Retail property - Prime Corner Location, 2,226 SF, 6 Months Free Rent
Where is the retail property located?
The property is located at 8 Bank St New London, CT.
What is the lease rate?
The lease rate is $194.04/SF/YR.
What are key features of this property?
This property features: Retail and restaurant space totaling 2,226 square feet.; Single-tenant occupancy.; Located on a prime corner lot in downtown New London, CT at the intersection of Bank Street and State Street.
How can I contact the broker?
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8 Bank St
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