About 117 Water Street
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 of 117 Water Street
| MLS® # | 24120465 |
|---|---|
| Price | $4,950,000 |
| Bathrooms | 11.00 |
| Full Baths | 7 |
| Half Baths | 4 |
| Square Footage | 12,145 |
| Square Footage | Public Records |
| Acres | 0.12 |
| Type | Commercial For Sale |
| Status | Active |
Community Information
| Address | 117 Water Street |
|---|---|
| Area | Stonington Village |
| City | Stonington |
| County | New London |
| State | Connecticut |
| Zip Code | 06378 |
Amenities
| Utilities | Electric, Gas, Telephone, Cable Available |
|---|---|
| Parking Spaces | 3 |
| Parking | On Street Parking, Off Street Parking, Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Tile, Vinyl, Wood |
|---|---|
| Interior Features | Living Space Available, Window Display |
| Heating | Baseboard, Oil |
| Cooling | Window Unit |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | No |
Exterior
| Exterior Features | Sidewalk, Awnings, Gutters, Lighting, Pole Sign, Door Sign |
|---|---|
| Lot Description | Corner Lot, Level Lot |
| Roof | Asphalt Shingle, Flat |
| Foundation | Slab, Stone |
Additional Information
| Date Listed | August 19th, 2025 |
|---|---|
| Days on Market | 56 |
| Zoning | Village Commercial District |
| RE / Bank Owned | No |
Listing Details
| Office | Lori Hopkins-Cavanagh Broker |
|---|