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    35 Bank Street

    New London, CT 06320
    • $799,500
    • STATUS: Active
    • ON SITE: 282 days
    • MLS #: 170258702
    Foreclosure
    UPDATED: 6 min ago
    $799,500
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 21,408
      SQFT
    • $37
      $/SQFT
    Neighborhood:
    N/A
    Type:
    Commercial
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    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, approx. 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.

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    © 2020 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Frank Schiavone with William Raveis Real Estate. Data last updated: 2020-09-28T11:10:11.147.
    www.frankschiavone.com/homes/101834270
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    35 Bank Street New London, CT 06320

    • Price: $799,500
    • Status: Active
    • Updated: 6 min ago
    • MLS #: 170258702
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    21,408
    SQFT
    $37
    $/SQFT
    1920
    Built
    Neighborhood:
    N/A
    County:
    New London
    Area:
    New London
    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, approx. 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.
    Exterior Features

    Construction Description Brick Foundation Type BrickMasonry Lot Description DryLevel Lot Parking Total Spaces 0 Road Frontage Description Municipal Street Roof Information FlatRubber

    Interior Features

    Cooling System None Heat Type Steam

    Property Features

    Bank Owned Property Yn Yes Commercial Category InvestmentOfficeRetail Documents Available Brochure Garage Parking Info On Street Parking Heat Fuel Type Oil Location Downtown Possession Availability Immediate Potential Short Sale Yn No Property Tax 7342 Sewage System Public Sewer Connected Sign Yn Yes Utilities Available Electric AvailablePhone AvailableCable Available Water Source Public Water Connected Zoning Cbd1 + Opportunity Zone

    Listing information © 2020 Smart MLS
    Listing provided courtesy of Constance Howard of Us Properties.


    © 2020 Smart MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Frank Schiavone with William Raveis Real Estate. Data last updated: 2020-09-28T11:10:11.147.
     
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    Frank Schiavone with William Raveis Real Estate
    45 Field Point Rd.
    Greenwich CT, 06830