132 Shore Rd - Marinas FOR SALE


Old Lyme, CT 06371
$2,200,000 USD
860-245-9200
132 Shore Rd, Old Lyme, CT for Sale
$2,200,000 USD
Marinas - FOR SALE
1/6
null | 9.18% Cap Rate

Sep '25


132 Shore Rd
Old Lyme, CT 06371


HIGHLIGHTS

  • Multiple Revenue Channels
  • Established Brick & Mortar Retail with Exceptional E-commerce Potential
  • Additional Short-term Rental Unit

OVERVIEW

Located directly off of scenic Connecticut State Route 156, Black Hall Marina offers slips for powerboats & jet skis, a retail store as well as renting and providing access for kayaks & paddle boarders. 58 slips can accommodate boats up to 22 ft. as well as drive-on jet ski pads. Structures include the 3 story main building, dockside boat house, workshop, storage container, picnic pergola and ample parking. A 768 sf. short-term rental apartment occupies the 3rd floor. Also included is a nearby, 6000 sf. warehouse for retail inventory storage and additional work space. Current revenue channels include: 1220 sf. retail paddle sports & fishing shop with huge e-commerce potential, slip rentals, boat rentals, guiding service, youth programs, fishing & boating lessons, eco tours, kayak rigging & installation services as well as winter boat storage and the associated services.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$661 USD /SF

CAP RATE

9.18%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

R-20

APN/PARCEL ID

OLYM-000043-000000-000040

ASK ABOUT THIS PROPERTY

Gino PenasaSeaport CommercialMore Info
860-245-9200

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Gino PenasaSeaport CommercialMore Info
860-245-9200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.