0.86 Ac Waterfront Marina Development Site For Sale Potential for Multifamily Housing
Market Price
112 South Water Street, Greenwich, CT 06830
1,658 sqft
Building Size
0.86 acres
Lot Area
Details:
Description:
112 South Water Street is a 0.86-acre working marina with 240’5” of waterfront. The property has 21 slips, rack storage for 57 boats, land storage for an additional 85 boats, a commercial gas pump, and a dock and side boat lift. There is an existing 1,658 SF, two-story structure for service and office use. It can be sold as a working marina and boat-related business, or as a development site. The property is zoned WB (Waterfront Business).
INVESTMENT HIGHLIGHTS
112 South Water Street offers an investor the opportunity to acquire a well located, marina property located in the vibrant Byram section of Greenwich, CT with a potential ability to develop for residential, a restaurant or other waterfont businesses. Very few of these opportunities become available in Greenwich. Housing is in demand and there is only one waterfront restaurant located in Greenwich. The successful Bartaco restaurant is located just down the river at 1 Willett Avenue. There is a new restaurant opening at 2 South Water Street. 242 apartment units were approved at 163-175 North Main Street in Port Chester, NY. In total there are 500+ approved luxury apartments along the Port Chester corridor with another 600+ pending approval.
Potential Development:
Office
Restaurant
Residential
Waterfront Business
Documents:
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Offering Memorandum
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Location
Gallery
