830 Stonington RD Save Request In-Person Tour Request Virtual Tour
Stonington,CT 06378
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Stonington
MLS Listing ID 1380645
HOA Y/N No
Year Built 1990
Annual Tax Amount $23,248
Tax Year 2024
Contingent Inspection Period
Lot Size 10.600 Acres
Acres 10.6
Property Sub-Type Commercial
Property Description
Rare opportunity to acquire Coveside Marina, a 10.6 acre waterfront commercial property with multiple income streams in Stonington, a desirable seaside enclave conveniently located between Boston and New York, and minutes to historic downtown Mystic, Stonington Borough, and Watch Hill. The marina is located in the protected water of Wequetequock Cove with direct access to Fishers Island Sound with wonderful blue water travel to numerous vacation destinations and renowned fishing sites. Multiple revenue streams include 140 wet slips (approval for 240 total slips), dry storage, mechanical service from a 2,000 SF marine workshop, and residential rentals including a recently renovated 6 bedroom / 2.5 bathroom cottage and 4 studio cottages. With approximately 800 linear feet of frontage on Wequetequock Cove, the parcel is zoned Marine Commercial. Value-Add preliminary approvals for 10 bedroom / 12 bathroom hotel residence and another 8 bedroom residence. High demand for indoor storage and short term residences considering on-site marine amenities, proximity to Stonington Borough, and extremely convenient Regional accessibility.
Location
State CT
County New London
Community Stonington
Zoning MC
Exterior
Street Surface Gravel
Total Parking Spaces 200
Building
Sewer Septic Tank
Structure Type Frame
New Construction No
Others
Tax ID 830STONINGTONRDSTON
Virtual Tour https://tour.RiLiving.com/830-Stonington-Road-Stonington-CT-06378