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8 River St

35,239 SF Specialty Building Offered at $2,950,000 in Waterford, CT 06385

Investment Highlights

  • 160 Boat Dry Storage with Unique Stacker Crane for handling boats in a 5-high boat rack system.
  • Fuel Dock, Service & Repair (Mercury Authorized Dealer) and Dry Boat Storage with Valet Service
  • Upside potential to add Restaurant and Bed & Breakfast Operation in 4,400 sf waterfront house
  • The closest marina to Long Island at the entrance to the Niantic River
  • Upside potential to additional boat storage and winter boat storage

Executive Summary

Investment opportunity to purchase the closest marina to Long Island at the entrance to the Niantic River.

Property Facts Under Contract

Price $2,950,000
Price Per SF $84
Sale Type Investment
Property Type Specialty
Property Subtype Marina
Building Class B
Lot Size 14.20 AC
Building Size 35,239 SF
No. Stories 3
Year Built/Renovated 1989/1997
Parking Ratio 5.05/1,000 SF

Amenities

  • Waterfront

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WATE-000156-000000-006574
Land Assessment
$523,850
Improvements Assessment
$679,260
Total Assessment
$1,203,110

zoning

Zoning Code WDW (Commercial Waterfront)
WDW (Commercial Waterfront)
  • Listing ID: 27818539

  • Date on Market: 2/23/2023

  • Last Updated:

  • Address: 8 River St, Waterford, CT 06385

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