117 Water 119 Street

Stonington, Connecticut 06378

Status
For Sale
Square Feet
12,145
Beds
0
Price
$4,950,000
Type
Commercial For Sale
Garages
Baths
11
MLS
24120465

Price

$4,950,000

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Interior Details

Interior Size
12,145 Sq Ft
Bedrooms
0
Bathrooms
11
Rooms Total
Garage

Exterior Details

Lot Size
0.12 Acres
Roof
Asphalt Shingle,Flat
Sewer
Public Sewer Connected
Construction
Construction
Cooling
Window Unit

Other Information

Property Tax
$12,200
Assessed Value
$599,700
Elementary School
NULL
Middle School
NULL
High School
NULL

About Property

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.
Listed by Lori Hopkins-Cavanagh Broker, Lori Hopkins-Cavanagh. Data sourced from SmartMLS

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