8 River St - Marinas FOR SALE


Waterford, CT 06385
$2,950,000 USD
561-308-6203
8 River St, Waterford, CT for Sale
$2,950,000 USD
Marinas - FOR SALE
1/6
null | Request Cap Rate

8 River St
Waterford, CT 06385


HIGHLIGHTS

  • 160 inside dry boat storage spaces with efficient stacker crane system
  • Closest Niantic marina to Long Island Sound for quick water access
  • On-site fuel dock and day dockage for added convenience
  • Service and repair facility with Mercury authorized dealership
  • Expansion potential for outside boat racks and winter storage

OVERVIEW

Niantic Bay Boathouse presents a rare investment opportunity in a prime coastal location at 8 River Street, Waterford, Connecticut. This facility offers 160 inside dry boat storage spaces, supported by a unique and efficient stacker crane system designed for operational ease and maximum capacity. Positioned as the closest Niantic marina to Long Island Sound, the property provides unmatched convenience for boat owners seeking quick access to open waters. The site includes a fuel dock and day dockage, enhancing its appeal to both seasonal and transient boaters. Additional revenue streams are supported by on-site service and repair capabilities as an authorized Mercury dealer, ensuring consistent demand from the boating community. Future upside potential exists through the expansion of outside boat racks and the addition of winter boat storage, creating opportunities for increased income and asset value. With a listed price of $2,950,000, this property combines strategic location, operational efficiency, and growth potential, making it an ideal acquisition for investors or operators in the marine services sector.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$84 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

178

LAND DETAILS

LAND ACRES

14.2 AC

LAND SF

618,552 SF

ZONING

WDW

APN/PARCEL ID

WATE-000156-000000-006574

ASK ABOUT THIS PROPERTY

Leon MooreMLM PropertiesMore Info
561-308-6203

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Leon MooreMLM PropertiesMore Info
561-308-6203

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