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Historic Mixed-Use Property in Stonington

117 Water St, Stonington, CT 06378

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For Sale

$4,495,000

Eleven-unit mixed-use property in Stonington Borough's commercial district.

Type:Commercial

HighLights

Fully occupied, renovated property in Stonington Borough's commercial Village District
Seven residential suites feature fully applianced kitchens and private laundry
Four commercial spaces boast off‑the‑sidewalk entry and glass bay storefronts
Unfinished attic with panoramic, three‑state water views
Garage and driveway included
Excellent capitalization rate of 7.21

We can help!

Listing Contact

Lori Hopkins-Cavanagh

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For Sale

$4,495,000

Eleven-unit mixed-use property in Stonington Borough's commercial district.

Type:Commercial

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 6:06 pm

Property Features for 117 Water St

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1850

We can help!

Listing Contact

Lori Hopkins-Cavanagh

Listing agent Lori Hopkins-Cavanagh

Listing office Shoreviews, LLC

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Shoreviews, LLC

HighLights

Fully occupied, renovated property in Stonington Borough's commercial Village District
Seven residential suites feature fully applianced kitchens and private laundry
Four commercial spaces boast off‑the‑sidewalk entry and glass bay storefronts
Unfinished attic with panoramic, three‑state water views
Garage and driveway included
Excellent capitalization rate of 7.21

Overview

Ocean House is an eleven-unit, mixed-use, historic property located in Stonington Borough's commercial Village District. The property features seven fully occupied and renovated residential suites, each equipped with a fully applianced kitchen and private laundry. Additionally, there are four occupied commercial spaces, each with off-the-sidewalk entry and glass bay storefronts. The property includes an unfinished, full attic offering panoramic water views spanning three states. A garage and driveway are currently utilized for storage. Stonington Borough is characterized by colonial and Victorian homes along cobblestone and slate sidewalks, with views of Long Island Sound and Napatree Point. The property's location allows for convenient access to local amenities.

Location Intelligence

Current Use by Public Records

Switz Real Estate Hotel & Motel Shari's Pet Sitting ... Kennel & Boarding Facility Mystic Doggy Day ... Kennel & Boarding Facility

Suggested Use

Location Insight

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Local Demand

City: Stonington
County: New London
State: Connecticut
Longitude: -71.9065981
Latitude: 41.3342099

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For sale
Mixed-use properties
CT
Stonington
06378
117 Water St

What type of property is this?

Mixed-use property - Eleven-unit mixed-use property in Stonington Borough's commercial district.

Where is this mixed-use property located?

The property is located at 117 Water St Stonington, CT.

What is the asking price?

The asking price for this property is $4,495,000.

What are key features of this property?

This property features: Fully occupied, renovated property in Stonington Borough's commercial Village District; Seven residential suites feature fully applianced kitchens and private laundry; Four commercial spaces boast off‑the‑sidewalk entry and glass bay storefronts