117 Water Street

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Address: 117 Water St, Stonington, CT 06378, USA
New York & Tri-State + Apartment Buildings
Created date: January 14, 2026
Date last updated: October 4, 2026
Price: $4,250,000Investment Analyzer NEW!

Property Description

Ocean House is an eleven unit, mixed use, historic property, comprised of seven residential suites and four commercial suites. The cornerstone of Stonington Borough's commercial Village District, each of the occupied, renovated residential suites features a fully applianced kitchen with dishwasher and a private laundry. Each of the four commercial spaces offer off-the-sidewalk entry and glass bay storefronts. Upside included unfinished, walk up attic with panoramic tri-state water views, and a garage and driveway, presently used by the landlord but in high demand as a rental. Excellent cap at 7.21. Stonington Borough is a quaint peninsula of colonial and Victorian homes on cobblestone and slate sidewalks, magnificent views of Long Island Sound and Napatree Point. Walk, shop, boat, swim, play outside your front door. Owner financing considered.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $4,250,000
Year Built: 1850
Lot Size: 12,145.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 10
Number of Bathrooms: 7
Address: 117 Water Street, Stonington, CT 06378, USA
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Step 4Final Deal Analysis

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