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Water Street Cafe 143 Water St 6,276 SF 100% Leased Retail Building Stonington, CT 06378 $1,375,000 ($219.09/SF)
INVESTMENT HIGHLIGHTS
- High tourism area
- Sale Includes: Turnkey business "Water Street Cafe," all FF&E (per inventory list), and the 4,374 SF mixed-use building.
- High volume foot traffic
EXECUTIVE SUMMARY
* Seating Capacity: 100 Total (75 1st Floor, 25 2nd Floor).
* Current Hours: Dinner, 5 evenings per week .
* Staff: Loyal core staff (15+ years avg.)
* Features: Fully modernized kitchen, 1st floor dining room, 2nd floor lounge/event
space with pool table & mahogany bar.
PROPERTY FACTS
AMENITIES
- Restaurant
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
ABOUT 143 WATER ST , STONINGTON, CT 06378
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.
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Water St Cafe
- Accommodation and Food Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Water St Cafe | Accommodation and Food Services | - | - | - |
PROPERTY TAXES
| Parcel Number | STON-000101-000017-000004 | Improvements Assessment | $495,500 |
| Land Assessment | $265,700 | Total Assessment | $761,200 |
PROPERTY TAXES
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Water Street Cafe | 143 Water St
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