228 North Water
Stonington, CT 06378

Property

Ownership: Commercial
Type: Commercial
Bathrooms: 5
Area: 7000 sq ft

Financials

Price:$8,500,000
Annual Taxes:$32,878
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Ann Bergendahl of Willow Properties

A rare opportunity to acquire an established waterfront marina and marine services business in desirable Stonington, Connecticut.

Description

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...

Amenities

  • Elementary School -
  • High School -
  • Intermediate School -
  • Split System

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