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2-4 Bank Road

Old Lyme, CT 06371
  • $2,400,000
  • STATUS: Active
  • ON SITE: 90 Days
  • MLS #: 170424474
UPDATED: 26 min ago
$2,400,000
  • 0
    BEDS
  • 2.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,232
    SQFT
  • $743
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1965
County:
Area:

School Ratings & Info

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, & storage building, land storage for boats & trailers, customer bathrooms & 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), Thames 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, Marthas Vineyard, Nantucket, and many other ports on the shorelines of CT, RI, MA, and NY.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc. Data last updated: 2021-10-28T07:10:26.677.
www.frankschiavone.com/homes/119844184
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2-4 Bank Road Old Lyme, CT 06371

  • Price: $2,400,000
  • Status: Active
  • Updated: 26 min ago
  • MLS #: 170424474
0
Beds
0
Baths
0
½ Baths
2.41
Acres
3,232
SQFT
$743
$/SQFT
1965
Built
Neighborhood:
Four Mile River
County:
New London
Area:
Old Lyme
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, & storage building, land storage for boats & trailers, customer bathrooms & 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), Thames 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, Marthas Vineyard, Nantucket, and many other ports on the shorelines of CT, RI, MA, and NY.
Exterior Features

Construction Description Frame Exterior Features AwningsGuttersOutside Storage AreaStorage Building Foundation Type Concrete Lot Description Level Lot Parking Total Spaces 0 Road Frontage Description State RoadMunicipal StreetPaved Road Roof Information Asphalt ShingleComposition

Interior Features

Cooling System Central Air Heat Type Hot Air Interior Features Living Space AvailableLoading - WaterfrontPublic Restrooms

Property Features

Bank Owned Property Yn No Commercial Category InvestmentResidential IncomeOther Documents Available AppraisalBrochureDemographic DataLead DisclosureLegal Description Garage Parking Info UnpavedUnassigned ParkingParking Lot Heat Fuel Type ElectricPropane Location Highway AccessOther Possession Availability Negotiable Potential Short Sale Yn No Present Use MarinaRental And Residential Property Tax 27212 Sewage System Septic Sign Yn Yes Tenants Number Of 1 Utilities Available ElectricGasCable Water Source Private Well Zoning Wf20

Listing information © 2021 Smart MLS
Listing provided courtesy of Kim K Casey of Seaport Real Estate Services.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc. Data last updated: 2021-10-28T07:10:26.677.
 
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Frank Schiavone with Douglas Elliman
75 Arch Street
Greenwich CT, 06830