$1,700,000
$1,700,000
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1023 Groton Long Point RD Groton, CT 06340
7,840 SqFt
Key Details
Sold Price $1,700,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,840 sqft
Price per Sqft $216
Subdivision Groton Long Point
MLS Listing ID 1368385
Sold Date 10/04/24
HOA Y/N No
Abv Grd Liv Area 7,840
Year Built 1972
Annual Tax Amount $21,000
Tax Year 2023
Lot Size 1.060 Acres
Acres 1.06
Property Description
Rare opportunity to acquire a marina with multiple income streams in Groton Long Point, a desirable seaside enclave surrounded by the Atlantic Ocean, conveniently located between Boston and New York, and minutes to historic downtown Mystic, Stonington Borough, and Rhode Island beaches. The Marina is located in the protected water of Palmer Cove with direct access to Fishers Island Sound with wonderful blue water travel to endless vacation destinations and renowned fishing sites. Self sustained businesses produce revenue from 75 wet slips, dry storage, mechanical service, and residential cottages. Financials available upon nda signature.
Location
State CT
County New London
Community Groton Long Point
Zoning R20
Rooms
Basement None
Exterior
Utilities Available Sewer Connected
Street Surface Gravel
Total Parking Spaces 30
Building
Sewer Connected
Structure Type Frame
New Construction No
Others
Tax ID 1023GROTONLONGPOINTRDGROT
Financing Cash
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Bought with Lila Delman Compass
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