$5,500,000

117 Water Street, Stonington, CT 06378

  • 11 baths |
  • 12,145 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1840
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $453/sqft
  • Property List Date Icon Listed 19 hours ago

Property Description

Presenting the cornerstone of Stonington Village! Reborn. 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.

Listing Status:
Active
Date Added:
August 19, 2025 at 08:48PM
Listing Office:
Lori Hopkins-Cavanagh Broker : (860) 443-4976
Listing Agent:
Lori Hopkins-Cavanagh : (860) 449-2007
MLS ID:
24120465
  • General: Living Space AvailableWindow Display
  • Flooring: TileVinylWood
  • A/C: Window Unit
  • Heating: BaseboardOil

This listing courtesy of Lori Hopkins-Cavanagh, Lori Hopkins-Cavanagh Broker

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dean's Mill Elementary School

35 Deans Mill Rd, Stonington, CT, 06378

Grades KG-5

2.15 miles away

S

Stonington Middle School

204 Mistuxet Ave, Mystic, CT, 06355

Grades 6-8

2.55 miles away

S

Stonington High School

176 S Broad St, Pawcatuck, CT, 06379

Grades 9-12

3.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.