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- LoopNet Team
1 E Ferry Wharf
Jamestown, RI 02835
Conanicut Marina · Specialty Property For Sale · 2,537 SF
Investment Highlights
- First time available for purchase since 1974
- Wet slips are 100% leased in slips creating future rate increase opportunity for new owner
- Limited existing competition with very high barriers to entry for new facility development
- Unmatched location on the Narragansett Bay in Jamestown, RI proximate to Newport, Block Island, Martha's Vineyard and Nantucket
- Value-add opportunity for new owner to increase moorings occupancy
PROPERTY FACTS
Amenities
- Waterfront
About 1 E Ferry Wharf , Jamestown, RI 02835
Conanicut Marina & Boatyard consists of two physical locations - a marina and a boatyard in Jamestown, RI. The marina, which is located on Jamestown's waterfront, consists of 4,500 linear ft. of dockage for boats up to 225-ft in length and two mooring fields with 150 permitted moorings. Ancillary services include a fuel dock, a marina office (with retail potential) adjacent to the marina docks, restrooms, and haul-out. Jamestown's downtown provides restaurants and shopping. There is also a seasonal ferry that runs out of the marina across the bay to Newport. The boatyard, which is located 0.8-mile to the north, occupies approximately five acres and has four buildings totaling 39,000 sq. ft. The boatyard serves multiple functions including offering full-service boat repair, winter storage (inside and out), and parking during boating season with a sprinter van taking customers back and forth from the private lot to the marina docks. The ability to provide private parking is a significant feature as the only public parking near the marina is short-term nature. Broker of Record: Kevin Phelan, Colliers International New England LLC RE Liceense # 0015190
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,933,700 | |
| Land Assessment | $652,500 | Total Assessment | $2,586,200 |
PROPERTY TAXES
zoning
| Zoning Code | CD |
| CD |
