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143 Water St
Stonington, CT 06378 Southeast New London

$1,375,000 USD

Restaurant For Sale  •  6,276 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 6,276 SF
  • Lot Size 0.07 AC
  • Building Class C
  • Year Built 1800
  • Tenancy Multiple
  • Zoning PC
0 Transit Score
47 Walk Score

Description

Welcome to Water Street Café, 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. A bustling, high-traffic restaurant, Water Street Café enjoys a strong reputation for culinary excellence, a loyal customer base, and a proven track record of profitability. Its seasonal business 
model enhances operational flexibility while driving consistent returns for investors. This is more than just a restaurant and potential residential living —it's a cornerstone of Stonington's dining scene and a prime real estate asset in one of Connecticut’s most desirable coastal communities. Whether you’re an investor seeking long-term 
financial success or a restaurateur looking to own a piece of Stonington’s culinary heritage, Water Street Café presents an unparalleled opportunity.

Highlights

High tourism area
High volume foot traffic
Sale Includes: Turnkey business "Water Street Cafe," all FF&E (per inventory list), and the 4,374 SF mixed-use building.

Major Tenants

Tenant SF Occupied Lease End Date
Water St Cafe

Amenities

  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
9 min - 4.3 mi
11 min - 6.0 mi
AirportDriveWalkDistance
Rhode Island Tf Green International 61 min - 42.9 mi
Thomas Switz 860-884-6003 Switz Real Estate Associate, Inc.
Thomas Switz 860-884-6003 Switz Real Estate Associate, Inc.