Hospitality

Preston, CT Hospitality Properties for Sale

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Unique Farm and Event Venue
Updated: Mar 10
Unique Farm and Event Venue

57 Northwest Corner Rd, Preston, CT 06365

$6,500,000
8,000 sqft 225.00 AC lot
225 contiguous acres spanning two towns (Preston & North Stonington).
Permitted Historic Country Inn with 6 bedrooms and 3.5 baths. Sleeps 12, plus apartment.
Banquet Building ("the Barn") - 2,000 sq ft event venue** with amenities for indoor/outdoor events.
Commercial‑grade 8,000 sq ft hydroponic greenhouse currently producing and selling lettuce.
Cape Cod style residence with 3 bedrooms, 2.5 baths, open floor plan, and 3‑car garage.
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Unique Farm with Event Venue
Updated: Aug 26, 2025
Unique Farm with Event Venue

57 Northwest Corner Road, Preston, CT 06365

$6,500,000
10,000 sqft 225.84 AC lot
225 contiguous acres spanning two towns, offering significant land.
Established business potential with a permitted 'Historic Country Inn', banquet building ('Barn'), and commercial‑grade hydroponic greenhouse.
Versatile event venue ('Barn') with 2,000 sq ft of indoor space and outdoor amenities.
Two residences: a 3‑bedroom Cape Cod style home and a 6‑bedroom 'Historic Country Inn'.
Commercial‑grade greenhouse (approx. 8,000 sq ft) equipped for hydroponic farming.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Preston, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Boutique Hotel with Guest Rooms
Boutique Hotel with Guest Rooms

17 Park Street, New London, CT 06320

$2,650,000
11,204 sqft 0.36 AC lot

Individually styled guest rooms and public utilities support a distinctive lodging operation near shoreline amenities.

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Boutique Seaside Hotel
Boutique Seaside Hotel

17 Park St, New London, CT 06320

$2,650,000
11,204 sqft

Charming, independently decorated rooms near Ocean Beach Park offer a distinctive coastal stay in New London’s seaside district.

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Stonington Event Venue and Farm
Stonington Event Venue and Farm

1189 Pequot Trl, Stonington, CT 06378

$5,000,000
29,184 sqft 70.00 AC lot

Charming destination on 70+ acres, ideal for events.

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Hotel Property with Rooftop Amenities
Hotel Property with Rooftop Amenities

32 Broadway Avenue, Stonington, CT 06378

$5,050,000
0.18 AC lot

Fully furnished accommodations include communal rooftop lounging, dining, and a dip pool.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Development Opportunity Near Foxwoods Casino
Development Opportunity Near Foxwoods Casino

586-Z Lantern Hill Road, North Stonington, CT 06359

$1,100,000
87.77 AC lot

87.77 acres development opportunity near Foxwoods Resort Casino.

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Off-Market Properties in Preston, CT

Consider similar Off-Market properties in Preston, CT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

5 Watson Rd
HOTEL

5 Watson Rd, Preston, CT 06365-8828

Estimated value:
$3,290,000
105,680 sqft 8.50 AC lot
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Preston, CT Hospitality Properties Market Trends and Statistics

Explore 3 hospitality properties for sale in Preston, CT on our real estate platform. These investment opportunities span a total of 18,000 square feet of properties for sale, with an estimated market value of $13,000,000.

Sale prices for hospitality properties in Preston, CT average $6,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bed & breakfasts 2

Demographics Overview

Population 4,781
Population Growth (5Y) +2.5%
Median Household Income $109,441
College Educated 41.1%

High-Yield Neighborhoods for Investment

Identify Preston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
06365 $6.5M

Taxes & Financing

Tax Rate (average for all types) 2.30%
Property Tax per SF $84.75 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in New London County

New Delisted

Total CRE Inventory on Market (SF)

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