$8,500,000
Active228 North Water Street
Stonington, Connecticut, 06378 · New London County
0
Beds
5
Baths
7,000
Sq Ft
1940
Built
MLS # 24209221
Price / Sq Ft
$1,214
Property Type
Commercial For Sale
Lot Size
4.7
Class
Property
About This Property
A rare opportunity to acquire an established waterfront marina and marine-services business in desirable Stonington, Connecticut. Don's Dock has been a longtime fixture in the local boating community, founded in 1979, but expanded over the past two decades, to greater slip capacity (now 200), more summer and winter dry storage (now 400 spaces) and an 5,000 sq ft of industrial commercial space. Additionally, there are many other income streams: there are 62 seasonal storage lockers, 11 moorings, marine gasoline sales and several other additional commercial rental spaces. Existing building tenants include a woodworking shop, tackle shop and marine repair operation. Whether you are looking to expand your investment portfolio or embark on an exciting new adventure or career, Don's Dock is ready for its next chapter-and its next steward. With a strong foundation built over decades and hundreds of established customer, this is an opportunity to step into an established business with deep toots in the community. Become part of the rich history, character, and enduring appeal of Stonington's working waterfront and marine industry. For those who know the strength and value of Southeastern CT's marine market, and opportunity like this--at this price--is not likely to last long. More detailed info to come...
Property Details
228 North Water Street, Stonington Connecticut 06378 — Commercial For Sale listed at $8,500,000.
At a Glance
0
Bedrooms
5
Bathrooms
7,000
Sq Ft
4.7
Lot Size
--
Garage
1940
Year Built
The Details
Property Details
Financial
Other Details
Property Features
All Photos (25)
Similar Properties
This listing is +1617% vs the Stonington median. Verify against same-school-district comps before competing offers.
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$8,500,000
Listing Agent
Ann Bergendahl
Willow Properties