For Sale Details

$1,700,000
$386.98 / SF
  • Property Type Lodging, Multifamily, Retail, Land, Office, Mixed-Use
  • Sale Type Investment, Owner-User
  • Status Closed
  • Created 03/11/21
  • Updated 04/21/22
  • Closed On 04/20/22
  • Closing Price $1,000,000

About 12 River Street, Waterford, CT 06385

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’s building in need of work and 8 boat slips leased out to an abutter. 90’ of bulk-head dockage would be available to buyer of property. Zone MPS – Mago Point District. Total 10+ acres with approx. 2+ useable acres. Appraisal $1,258,440. Public water/septic. REDUCED For Sale $1,700,000.

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


Building Details

  • Tenancy: Single Tenant
  • Building Area (SF): 4,393
  • Year Built: 1840
  • Number of Buildings: 1
  • Building Class: C

Land Details

  • Parking Count: 40
  • Zoning: MPD Mago Point District
  • Topography: Level
  • Acreage: 10.38
  • Sewage System: Public Sewer
  • Water System: Public Water

Documents for 12 River Street, Waterford, CT 06385

12+14 River St BROCHURE.pdf

The Lodging, Multifamily, Retail, Land, Office, Mixed-Use property at 12 River Street, Waterford, CT 06385 is currently available for sale. Contact Norman Peck from Pequot Commercial for more information.