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Auction: WATERFORD, CT - TURNKEY NIANTIC BAY BOAT VALET MARINA
Ref No.: 18-1798
8 River St., Waterford, CT
Turnkey "Niantic Bay Boat Valet Marina"
35,239+/- sf. Storage, Equipment, Service & Shop
3.9+/- Acres on Mago Point
Zoning: MPD - Mago Point District
Major Improvements since 2013:
Total remodel of all bathrooms - new showers, floor & fixtures & added laundry machines in ladies' room
Total remodel of the ships store
New heating/cooling system on 1st floor
New Landscaping, stone walls, parking lot
Complete shop renovation, air compressor/air dryer
New large waterside IPE wood deck w/ addition of gas grille & tables for customers
Renovated fuel dock w/ new fuel dispenser system & fuel island
Newly painted exterior of building
New exterior LED lighting
Terms: 10% certified deposit of which $50,000 by cash, certified, or bank check due at the auction and remainder of 10% due 4pm ET Monday, 12/3. Balance at close by 12/28/18. 10% buyer's premium will be added to the final bid and that sum shall constitute the purchase price. Complete terms & conditions in Property Information Package (PIP). Other terms, if any, to be announced at the sale. Announcements or changes made from the auction block or within the purchase agreement take precedence over any previously printed materials or oral statements made.
Pre-Auction Offers: Must be tendered on a signed JJManning approved P&S Agreement & accompanied by a 10% certified deposit in certified or bank check or by confirmed wire transfer.
Buyer's Broker Terms: Up to 2% Broker Commission Offered. Mandatory 24-hour broker pre-registration. Click link on right-hand side for full terms & registration page.
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