By Sharon Rispoli - February 12, 2026
Some properties take longer than others to sell, and some take much, much longer. Case in point: the Capitol Theater in New London Connecticut, which has been closed and vacant since April 1974 has been sold for $250,000.
CTInsider.com reports the property was acquired by Bank Street Holdings LLC for $250,000. The seller, Bank Street Renaissance LLC, bought the property in 2016 for $68,000