$375,000
( $17.52Per Sq Foot )
$2,013 est/mo Sourced by Back At You35 Bank Street , New London, CT 06320
New London, CT 06320
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.
Details
| MLS# | 24050337 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1920 |
| Days On Site | 114 |
| Listing Provided By | US Properties | Constance Howard |
Features
| SQ Feet | 21,408 |
|---|---|
| Basement | Y |
| Units | 1 |
| Zoning | CBD1 & Opportunity Zone |
| Acreage | 0.26 |
Market Activity 06320
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Learn More About This Property
| State | CT |
|---|---|
| County | New London |
| City | New London |
| Zip Code | 06320 |
| Area | New London |
| Listing VS Median (in 06320) | |
Price: $375,000 low | high Med: $2,650 SqFt: 21,408 low | high Med: 1,900 $ / SqFt: $18 low | high Med: $1 On Site: 114 low | high Med: 51.000000 | |
Listing Updated: January 14, 2025 at 3:42:17 PM PST