Price Reduced 10.00%

$4,950,000

Est. Mortgage $23,742/mo *

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Listing courtesy of Lori Hopkins-Cavanagh (860) 449-2007, Lori Hopkins-Cavanagh Broker (860) 443-4976

Price History

$5,500,000
8/19/2025

$4,950,000
9/26/2025

117 Water Street 119, Stonington, (Stonington Village), CT, 06378

117 Water Street 119, Stonington, (Stonington Village), CT, 06378
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10 beds

7 Full / 4 Half baths

1840

12,145 sqft

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.

Status:

Active

Town:

Stonington

Type:

Commercial

Units:

11

Zoning:

Village Commercial District

Frontage:

Municipal Street,Paved Road

Garage:

On Street Parking, Off Street Parking, Driveway

Heating:

Baseboard

Cooling:

Window Unit

Parking:

3-car

Acreage:

0.12

Est. Taxes:

$12,200

Assessment

$599,700

Current Use

Commercial Residential Mixed Use

Permitted Use

Condo

Utilities

Electric,Gas,Telephone,Cable Available

Lot Description:

Corner Lot,Level Lot

Days on Market:

110

MLS #:

24120465

Community Info

School Info

Walk Score

Mass Transit

Yelp

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