Exceptional mixed-use opportunity in the heart of one of Connecticut's most vibrant coastal destinations. This unique property offers an existing house/office on site plus the ability to construct an additional 5,000 sq. ft. building, creating tremendous flexibility for investors, developers, or owner-users. The existing building has been meticulously maintained for 40+ years and features a new roof, a new high-efficiency propane furnace, updated plumbing, 200-AMP electrical service, thermopane windows, and more. Zoned to allow residential, commercial, or light industrial use, the property opens the door to a wide range of possibilities - from professional offices, boutique retail, short-term rental accommodations, or a mixed-use development designed to capture the steady flow of visitors and local business activity. Located in booming downtown Mystic, this property benefits from year-round tourism, strong local demographics, and proximity to the waterfront, marinas, restaurants, and shopping that make Mystic one of New England's most sought-after coastal destinations.
Welcome to Water Street Cafe, a rare and exciting two-fold vestment opportunity in the heart of Stonington Borough. Located at 143 Water Street, Stonington, CT, this iconic restaurant property seamlessly blends historic charm with modern enhancements, making it a standout offering in the region. This three-story property was originally built in 1850 and has been meticulously maintained property has been thoughtfully updated to preserve its timeless character while maximizing efficiency and appeal. Recent renovations, including new Andersen windows and a fully modernized kitchen, ensure an elevated experience for both guests and operators.
Unique chance to own a residential/commercial property zoned for "Convenience Shopping" in a high-traffic area - perfect for developers, investors, or owner-operators looking for flexible, income-producing real estate. Prime Location at a Main thoroughfare with excellent visibility and traffic flow that includes main route between Foxwoods casino, RT95 and RI Beaches. Lot Size is Approx. 1.12 acres with potential to acquire adjacent property that includes Single-Family Home for strong rental income potential or owner-occupy. Zoned CS-5 for Convenience Shopping which allows for a mix of retail, office, service businesses, or redevelopment (subject to approvals) Investor Highlights: Commercial zoning in a residential setting - rare flexibility. High-demand location for retail, medical, or small business uses. Rental income from existing residence adds immediate value. Expand your footprint with neighboring parcel opportunity.
Here is an opportunity to live in and run your own 'contactless' business in short and long term rentals in this recently and totally reimagined building with four rentable units. First, there is a 2 story Penthouse, fully and stylishly furnished with three bedrooms and two baths, a great chef's kitchen with a Wolf cooktop, a Subzero refrigerator and an island for entertaining and serving as well as a full dining area, a laundry closet and is available to live in or rent at your discretion. In addition, there are three first floor Studio Suites, each of which is beautifully furnished with separate 'zones' for dining, sitting and sleeping. Each of the Studio Suites has an sleek, contemporary electric fireplace as well as a kitchenette complete with a dishwasher and a refrigerator. Each Studio Suite has a large and spa like bathroom with a high end tiled shower and floor. There is also a separate, shared laundry room for the first floor Studio Suites. There is solar power for each of the apartments and an ADT Security alarm system as well as cameras that aid the possibility of a contactless booking system and will convey with the property. The locale of this property is right in the heart of Mystic close to the train station, shops and dining. Easily accessible via the Mystic Train Station and serviced by Amtrak from NYC Metro, Boston Metro and Fairfield County areas providing a market potential of 25 million people!
Gracious 1920s Colonial in the Heart of Downtown Mystic. Located in the desirable LS-5 Zone of Downtown Mystic and nestled on a quarter of an acre lot with excellent private parking, this elegant 4,259 sq ft Colonial home blends classic 1920s charm with modern flexibility. Featuring four spacious bedrooms, four full baths, and two half baths, the property offers exceptional versatility-ideal as a primary residence, professional office, rental, or VRBO opportunity and a 3 year new roof. Many uses in the LS-5 Zone. Enjoy the convenience of excellent off-street parking and an easy stroll to Historic Downtown Mystic's vibrant shops, award-winning restaurants, deep-water marinas, and the Amtrak Station. Whether you're looking for a home, investment property, or office space, this unique offering allows you to fully experience all that Mystic has to offer-year-round.
Originally built mid-1700s as a livestock farm, Deans Mill Farm has been beautifully restored and transformed into 1 of Ct's most charming destinations. Set on over 70 acres of pristine countryside in Stonington, this property now operates as an event venue & 5-rm bed & breakfast. It shares the grounds with Dragonfly Equestrian Center, home to dozens of horses, meadows, hiking trails, open fields, & even Dragonfly Disc Golf, Deans Mill Farm is ideal for weddings, parties, & special events. Guests may book rms or reserve entire property for privacy. The Farmhouse accommodates intimate indoor gatherings of up to 50 guests, while outdoor tented celebrations can host up to 250 guests with multiple picturesque backdrops. Whether you continue the existing business or bring your own vision, possibilities are endless. Picture the equestrian center as a unique indoor wedding venue, cocktail hour alongside the stalls, & private events where you live & entertain on-site. The equestrian center features a lovely living space above with a private deck-perfect for an owner, manager, or VIP guest. A small home serves as a full-time Airbnb or could house live-in help. Main estate functions as both an Airbnb and bridal suite, complete with a nostalgic Speakeasy bar (liquor license included). The beer garden hosts live bands Thursday & Sunday, offering food, beer, & lively charm that adds to its income potential. NEW DISC GOLF PRO SHOP!!
Ocean House is an eleven unit, mixed use, historic property and the cornerstone of Stonington Borough's commercial Village District. Each of the fully occupied, fully renovated, seven residential suites features a fully applianced kitchen and private laundry. Each of the four occupied commercial spaces offer off-the-sidewalk entry and glass bay storefronts. Upside includes unfinished, full attic with panoramic, three state water views, and a garage and driveway, presently used for storage. Excellent cap 7.21. Stonington Borough is a quaint penninsula of colonial and victorian homes on cobblestone and slate fronted sidewalks, magnificent views of Long Island Sound and Napatree Point. Walk, boat, shop, play, outside your front door. Owner financing considered.
This property is one of the largest available parcels of land in the Mystic area at 7.23 acres in the C60 zone and with approximately 5.5 buildable acres! There is a large, former retail space on the property which is past its useful life. The current owner has gone through Phase 2 of clean up with only Phase 3 still needed in the $200-300K range. Land is on a level lot with approvals to fill in some areas. This property is located on the Stonington Road which is a highly traveled state road leading from Westerly through Stonington and into the highly desirable Mystic area. Potential conceptual plans are available. Property can become a strip center, an apartment or condo project, a retail area or an office building. The possibilities are many.
Professional Office Building with Private Parking lot and elevator. MANY USES IN THE LS5 ZONE - DAY SPA, SALON, PERSONAL SERVICES, PROFESSIONAL OFFICES AND MORE. Prime location on very busy Route 1. Located between Stonington and Westerly, RI. Truly Mint Condition. Currently used as a professional Office Building with Elevator and Appx. 18 Parking Spaces. New Construction 2013. All ADA Compliant. Ideal for many office uses. Pay yourself rent! Excellent Investment and Location.
This property offers an incredible opportunity to own a small boutique hotel with with upscale rooftop amenities and offering great views of Mystic all while enjoying the rooftop dip pool, sun deck, dining deck and lounge along with elements for a contactless (aka low labor) business model. Located in the heart of Mystic Connecticut, a popular year round and summer resort location, this six suite property offers single and adjoining suites, use of the pool, sun and dining decks as well as the lounge. Your guests will have so many activities nearby--fine dining, tony shops, historic sites to visit and aquatic animals to see all just minutes away. The Mystic Train Station is served by Amtrak which brings potential guests from the NY Metro area, Fairfield County and the Boston Metro area totaling a large and attractive demographic of $25mm people! This boutique space is sleek, stylish and with a cool vibe in its upscale bathrooms, comfortable sleeping areas and individual decks to take in the townscape! A stunning property!


Stonington is located in Connecticut. Stonington, Connecticut has a population of 18,354. Stonington is less family-centric than the surrounding county with 26.61% of the households containing married families with children. The county average for households married with children is 27.48%.
The median household income in Stonington, Connecticut is $90,718. The median household income for the surrounding county is $79,040 compared to the national median of $69,021. The median age of people living in Stonington is 50.4 years.
The average high temperature in July is 79.5 degrees, with an average low temperature in January of 21.7 degrees. The average rainfall is approximately 47.9 inches per year, with 26.9 inches of snow per year.