$5,450,000
bedrooms
0
bathrooms
0
square feet
0
Acreage
10.6
Open Houses
-
year built
1990
Full Baths
0
Half Baths
0
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 and proximity to Stonington Borough.
Location | |
Subdivision | Stonington |
County | New London |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 1378123
Listing agent:
Gregory Arakelian
Listing broker:
Lila Delman Compass
(401) 789-6666
Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Friday, February 21 2025 at 6:27 p.m. EST
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