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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 | Lot Size | 14.20 AC |
| Price Per SF | $83.71 | Building Size | 35,239 SF |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Specialty | Year Built/Renovated | 1989/1997 |
| Property Subtype | Marina | Parking Ratio | 5.05/1,000 SF |
| Building Class | B | ||
| Zoning | WDW - Commercial Waterfront | ||
| Price | $2,950,000 |
| Price Per SF | $83.71 |
| 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 |
| Zoning | WDW - Commercial Waterfront |
AMENITIES
- Waterfront
PROPERTY TAXES
| Parcel Number | WATE-000156-000000-006574 | Improvements Assessment | $526,150 |
| Land Assessment | $523,850 | Total Assessment | $1,050,000 |
PROPERTY TAXES
Parcel Number
WATE-000156-000000-006574
Land Assessment
$523,850
Improvements Assessment
$526,150
Total Assessment
$1,050,000
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MLM Properties
8 River St
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