Properties

Property Description

Presenting the cornerstone of Stonington Village – Reborn and with an NOI of 6.05 and a healthy income! Having served the Borough’s locals, dignitaries, and road weary travelers for centuries as an Inn, and as a hospital following the civil war, this historic grouping of mixed use suits now offer all the comforts of home to short term guests and has attracted a new, vibrant commercial base with booming businesses! This turn-key investment has many upsides including transformation of the attic into a penthouse with sweeping three state views! Perfect for owner occupied businesses with a manager residence, a condo project, or just enjoy a secure return on your investment. Loads of parking across the street on the waterfront with a private garage on site and off street parking for two additional vehicles in the driveway! This property is in high demand for both commercial and residential spaces, well managed by the sellers, and has zero vacancies.

Features
Heating System:
Baseboard
Cooling System:
Window Unit
Foundation Type:
Stone, Slab
Heat Fuel Type:
Oil
Exterior Features:
Gutters, Lighting, Awnings, Sidewalk, Pole Sign, Door Sign
Flooring:
Vinyl, Wood, Tile
Interior Features:
Window Display, Living Space Available
Fireplaces Total:
0
Parking Total Spaces:
3
Location:
Downtown
Lot Description:
Level Lot, Corner Lot
Water Source:
Public Water Connected
Address Map
Street:
Water
Street Number:
117
Floor Number:
0
Longitude:
W72° 5′ 36”
Latitude:
N41° 20′ 3”
MLS Addon
Office Name:
Lori Hopkins-Cavanagh Broker
Agent Name:
Lori Hopkins-Cavanagh
List Agent MLSID:
EHOPKINSL
List Office MLSID:
SHOR60
Tax Year:
July 2025-June 2026
Directions:
Water St to Church St.
HOA Fee Amount:
$0
Parcel Number:
2075135
Property Tax:
$12,200
Zoning:
Village Commercial District

Commercial For Sale

117 Water, Stonington, 06378

0 Bedrooms
7 Bathrooms
12,145 Sqft
$4,950,000
Listing ID #24120465
Basic Details
Property Type :
Commercial For Sale
Listing Type :
For Sale
Listing ID :
24120465
Price :
$4,950,000
Bedrooms :
0
Baths Total :
11
Bathrooms :
7
Half Bathrooms :
4
Square Footage :
12,145 Sqft
Year Built :
1840
Lot Area :
0.12 Acre
City:
Stonington
Zipcode:
06378
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent