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13 Washington Street is a mixed-use apartment-over-retail development. The 27,000± square foot property is comprised of 24 apartment units and four retail units that is located in historic New London, Connecticut. The leasable area includes 6,825 square feet of commercial space and 20,468 square feet associated with the 24 apartment units. The residential component consists of four studios, 11 one-bedroom units and nine two bedroom units. Each unit includes a gallery kitchen and one bathroom per bedroom, with the exception of one two-bedroom/one-bath unit. The commercial area includes a 575- square foot suite on the second floor used as a data server for fiber optics. The area is classified as a 25th apartment by the city assessor and could be converted to this use if vacated. Built circa 1900 and owned by the Eugene O' Neil family, the property underwent a major $5 million historic restoration in 2007. The existing facility incorporates the original frame walls and foundation of the former structure. The exterior of the property was rehabilitated to replicate historic aesthetics, which included custom replacement windows, custom lighting fixtures, an enclosed fire escape and othe
Single story, wood framed, store front with 2,648 square feet of usable retail space and 1,00 square feet of paved parking directly in front of the building; Oil fired hot water heating system on .36 acres. This structure was built in 1950 as a flower shop to service the hospital.
Historic granite & brick building on the water side of Bank Street; 3 floors with basement. Magnificent river views. Upper floors could be built out as apartments. One enclosed garage. Building has been gutted and is ready for build-out. REDUCED!
Investment Overview: 63 Eugene O' Neil Drive is a mixed-use retail/office building. The 34,000+ square foot property is comprised of a Citizens Bank branch (retail/office) and Robinson & Cole LLP, a prominent law firm with offices in a CT, MA, NY, RI, FL and CA. The vacancy of 11,665 square feet provides substantial upside for a new owner with varying layouts on both street level and 2nd floor. The original bank built for New London Savings is now occupied by Citizens Bank and includes the branch bank with more than $200,000,000 in deposits and some of their supportive office space. The interior and exterior of this section includes many elaborate finishes such as vaulted ceilings, marble within the main room along with intricate woodwork throughout and a marble fireplace in the boardroom. The supportive office space for both Citizens and Robinson & Cole are finished in typical wood accents, wall to wall carpeting, suspended ceiling tiles and large windows. The lower level of the building includes a parking garage, finished office space and unfinished mechanical rooms. Citizens Bank occupies the finished office space on this floor as a training facility.