Waterfront development property. Includes existing long term lease. Many possibilities¬† and would entail shared parking. ¬†Located between the railroad bridge and highway bridge at the Niantic River.¬† Includes 1800‚Äôs building in need of work and 8 boat slips leased out to abutter. Zone MPS ‚Äď Mago Point District.¬† Total 10+ acres with approx. 2+ useable acres. Public water/septic. For Sale $2,000,000.
PERMITTED USES:¬† Residential Multi-Family, Retail, Service, Restaurant, Office, B&B, Hotel, Mixed use, Marina, Boat Sales, Fishing Dock…
BY SPECIAL PERMIT: Recreation, Boat repair, Fuel sales…
DIRECTIONS:¬† I-95 Exit 81. Go south on Cross Rd. Cross over Route 1 to Spithead Rd. Turn right on Daniels Ave., then left on Niantic River Rd.¬† Take right on Ave A. On left.
Type:Development, Investment, Land, Residential
Zone:MPD Mago Point District
Agent: Norm Peck
(860) 447-9570 ex 133