Riverside Basin Marina is a 9.7 acre marine business opportunity located on the New England Shoreline. The property has a net operating income of $195,525 and cap rate of 9.78. It currently resides as a recreational marine business with easy access to I-95, New York and Boston area markets and convenient access to the waters of Long Island Sound and New England. Convenient location to popular boating destinations such as Thimble Islands, Greenport, Essex, Mystic, Block Island, Fishers Island, Newport, The Cape, etc. The marina is comprised of 160 wet slips and a 3,369 SF commercial building that offers an office, parts store, restrooms, storage, repair shop & garage and parts rooms. The property also includes a single family residence that is an income producing rental property. The marina is situated in a way that offers added protection from the elements during heavy storms. Located within close proximity to Hammonasset Beach State Park, the local waterways offer an abundance of natural wildlife and scenery. Link to comprehensive Property Packet: http://bit.ly/Riverside_Basin_Marina
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