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8 River St 35,239 SF Specialty Building Offered at $2,950,000 in Waterford, CT 06385
INVESTMENT HIGHLIGHTS
- 160 inside dry boat storage spaces with efficient stacker crane system
- On-site fuel dock and day dockage for added convenience
- Expansion potential for outside boat racks and winter storage
- Closest Niantic marina to Long Island Sound for quick water access
- Service and repair facility with Mercury authorized dealership
EXECUTIVE SUMMARY
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.
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.
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 or Owner User | 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 or Owner User |
| 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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8 River St
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