Old Lyme, CT 06371,2-4 Bank Road

$2,100,000

$2,299,000

8.7%
Est.Price: ?

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Est. payment /mo

3,232 SqFt


SOLD DATE : 07/27/2023

Key Details

Sold Price $2,100,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 3,232 sqft

Price per Sqft $649

MLS Listing ID 170567319

Sold Date 07/27/23

Year Built 1964

Annual Tax Amount $20,436

Lot Size 2.410 Acres

Property Description

Four Mile River Marina is a marine opportunity on the New England Coastline located about halfway between New York and Boston, and approximately 45 minutes from both New Haven and Hartford. The marina offers 94 permitted wet slips, a boat ramp, on-site fuel, shop, repair and storage building, land storage for boats and trailers, customer bathrooms and shower, a 2 bedroom 1 bathroom ranch that is currently rented, and a 4 bedroom 3 bathroom colonial. The marina has been well maintained in terms of infrastructure and DEEP compliance and has had a number of recent capital improvements. The marina has a strong slip rental history. This is a great marina opportunity for an owner/operator who wants to live on-site. Alternatively, both homes could be rented instead to increase revenue potential. Nestled between Rocky Neck State Park and Point O' Woods beach community, the marina is situated on the Four Mile River in Old Lyme which offers increased protection from most inclement weather coming off the Long Island Sound. The marina is a convenient departure for day trips to the nearby Thimble Islands, the Connecticut River (Essex, Hamburg Cove), Thame River (Mohegan Sun Casino, New London), Mystic Seaport, Fishers Island, Orient Point, Port Jefferson, and many other boating destinations. It is also an excellent departure for trips to Block Island, Newport, Cape Cod, Martha's Vineyard, Nantucket, and many other ports on the shorelines of CT, RI, MA, and NY.

Location

State CT

County New London

Zoning WF20

Interior

Interior Features Living Space Available, Loading - Waterfront, Public Restrooms

Heating Hot Air

Cooling Central Air

Exterior

Exterior Feature Awnings, Gutters, Outside Storage Area, Storage Building

Garage Unpaved, Unassigned Parking, Parking Lot

Utilities Available Electric, Gas, Cable

Roof Type Asphalt Shingle,Composition

Building

Lot Description Level Lot

Foundation Concrete

Sewer Septic

Water Private Well

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Listed by Jon Arruda • William Pitt Sotheby's Int'l
Bought with Victoria Bothroyd • William Pitt Sotheby's Int'l

GET MORE INFORMATION

Osi Rosenberg

Broker | REB.0791464

+1(203) 738-5999

2051 Main St, Stratford, CT, 06615

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