$1,995,000

About This Property

The Trumbull Building at 145 Water Street offers a new chapter for this historic asset. Given its storied past and strategic location in "The Borough," this building has a prestigious artistic pedigree with untapped commercial potential. Own a piece of Stonington's cultural soul. Known historically as the Trumbull Building and the longtime creative sanctuary of world-renowned female photographer Rollie McKenna, this 7,000+ sq. ft. mixed-use masterpiece is the ultimate cornerstone for a visionary investor. Nestled in the heart of "The Borough," the property offers a rare combination of high-ceilinged commercial grandeur and storied residential lofts. The Street Level: Currently configured for flexible commercial use (historically three separate galleries), the first floor is a prime candidate for a destination restaurant or flagship retail. With soaring potential, two electrical meters, and a rear private courtyard ideal for an outdoor sculpture garden or al fresco dining, the possibilities for revenue sharing and partnership are boundless. The Lofts: The upper floors house two distinct residential units. The front apartment features magnificent built-in library shelving and light-filled lofts, while the rear apartment preserves the authentic atmosphere of Rollie McKenna's original studio, complete with a functional galley kitchen and private loft space. While the building's 1856 "Vernacular Classical Revival" architecture is timeless, the interior serves as a blank canvas