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$8,500,000

Active

228 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 TypeCommercial For Sale
NeighborhoodNew London
Address228 North Water Street
MLS Number24209221
Year Built1940
Square Footage7,000
Lot Size4.7
Bedrooms0
Bathrooms5
Water SourcePublic Water Connected

Property Details

Financial

Assessed Value1712400
Mil Rate Total19.8
Property Tax32878
Tax YearJuly 2026-June 2027

Other Details

Business Included YNNYes
Documents AvailableNone
Numberof Tenants3
Parcel Number999999999
Subdividable YNUUnknown
ZoningMC-80

Property Features

Cooling SystemSplit System
Foundation TypeSlab
Heat Fuel TypeElectric
Heat TypeHeat Pump
Roof InformationAsphalt Shingle,Metal

All Photos (25)

MARKET CONTEXTStonington →
Town Median+1617% vs list
$495,000
Stonington, CT
Mill Rate
21.80
New London County
NYC Commute
150 min
door-to-door estimate
Schools
B+
1 graded
LOADING COMP CLOUD…

This listing is +1617% vs the Stonington median. Verify against same-school-district comps before competing offers.

Contact Ann Bergendahl

Fill out the form below and we will respond promptly.

Affordability Calculator

$8,500,000

Down Payment$1,700,000
Loan Amount$6,800,000
Principal & Interest$42,981/mo
Property Tax$8,500/mo
Insurance$100/mo
Est. Monthly$51,581/mo

Listing Agent

A

Ann Bergendahl

Willow Properties

Quick Facts

StatusActive
TypeCommercial For Sale
ClassProperty
MLS #24209221
Last Updated2026-10-11