573-581 Bank St
New London, CT 06320
Property For Lease · 18,169 SF

Prime retail space located in the middle of Bank and Howard Street and from the Amtrak and ferry terminals to the east and the Electric Boat engineering center (3,500 employees) to the south. Available as a single 5,821 sq. ft. space or as two separate spaces- one with 3,859 sq. ft. and a second with 1.962 sq. ft. The space is street level space with a 16 unit apartment building above the space to be leased. Amazing location for a restaurant with emphasis on take-out, and/or prepackaged meals, coffee shop, bakery, brew pub restaurant, fitness center or retail oriented office. Tenants would cater to residents in the newly completed 137 unit apartment complex called The Docks, residents of the 200 unit under-construction apartments on Howard Street, Harbor Towers condo residents and workers at the Shaw's Cove business park and the Electric Boat engineering center. The site has all utilities including sewer and natural gas. State DECD and New London economic development financing available to qualified tenants. Construction commenced for additional on-site parking to be completed in April, 2022. Rent is negotiable; owner seeks strong long-term tenant(s) and will be flexible on other lease terms. Lease rate is $7.50 NNN.