11-Unit Mixed-Use
For Sale
$3,950,000
117 Water Street, Stonington, CT 06378
Commercial For Sale, Stonington, CT
Property Size12,145 SF
Lot Size0.12 Acres
Price / SF$325.24
Days on Market292
Property Features for 117 Water Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
PC
Bathrooms
11
Full bathrooms
7
Half bathrooms
4
Rooms
Bathroom 9, Bathroom 4, Bathroom 10, Bathroom 3, Bathroom 8, Bathroom 1, Bathroom 5, Bathroom 2, Bathroom 6, Bathroom 7, Bathroom 11
Parking
3
Interior features
Window Display
Exterior features
Sidewalk,Gutters,Lighting
Lot features
Zero Lot Line, Corner Lot, Level Lot
Directions
Water St. to Church St. on right
Subdivision
Stonington Village
Standard status
Active
Size
12,145 SF
Lot size
0.12 Acres
Additional Details
Tenant in Place
Yes
Mixed-Use Components
residential, commercial
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
20198
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Window Unit(s)
Water source
Public
Amenities
private laundry
Building Details
Year built
1850
Floors in Building
4
Flooring type
Wood
Buildings
1
Listing Agency:
Lori Hopkins-Cavanagh Broker
(860) 443-4976
Listed By:
Lori Hopkins-Cavanagh
(860) 449-2007
Added: Jan 10
Changed: Oct 25
Last Checked: Oct 29 at 3:06AM
MLS# 24148334
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1850, this 12,145-square-foot mixed-use property contains 11 units: seven residential suites and four commercial spaces. All are occupied, and the residences have been renovated. Each residential suite includes a kitchen and private laundry; the commercial spaces have street-level entrances and glass bay storefronts. Wood flooring, window-unit cooling, and baseboard heat are among the building’s features.
The property occupies a 0.12-acre site on Water Street in Stonington Borough’s Commercial Village District. Public water and sewer serve the property, which is zoned PC. An unfinished full attic, a garage, and a driveway are also part of the property; the garage and driveway are currently used for storage.
The property occupies a 0.12-acre site on Water Street in Stonington Borough’s Commercial Village District. Public water and sewer serve the property, which is zoned PC. An unfinished full attic, a garage, and a driveway are also part of the property; the garage and driveway are currently used for storage.
Key Highlights
- 11 units: seven residential suites and four commercial spaces
- 12,145 square feet on a 0.12‑acre site
- All residential and commercial spaces are occupied; the residences have been renovated
Property Analytics
Who owns this building?
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Current Use
Lease Details
7
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
358
Businesses Nearby
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Business Placement
Demographics for 06378, CT
5,318
Population
3,144
Households
1.7
Avg Household Size
54
Median Age
59%
College-Educated
99%
High-School Grad
20.9 sq mi
ZIP Area
254
Density / Sq Mi
$126,014
Median Household Income
$57,463
Median Earnings
$1,720
Median Rent
$576,200
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Seven renovated residences and four occupied commercial suites bring residential and storefront uses together in a historic village property.
Where is this mixed-use property located?
The property is located at 117 Water Street Stonington, CT.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 11 units: seven residential suites and four commercial spaces; 12,145 square feet on a 0.12‑acre site; All residential and commercial spaces are occupied; the residences have been renovated
