Stonington, CT 06378,830 Stonington RD
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Stonington, CT 06378,830 Stonington RD
Stonington, CT 06378,830 Stonington RD
Stonington, CT 06378,830 Stonington RD
Stonington, CT 06378,830 Stonington RD
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$ 5,450,000
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Active Under Contract

830 Stonington RD Stonington, CT 06378

10.6 Acres Lot


UPDATED:

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


Listed by Mott & Chace Sotheby's Intl.
agent

Roults Jean-Francois

Agent | res.res.0042995

+1(401) 316-9458

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