Property History
The Leisure Property Advisors team of Colliers International is pleased to present the opportunity to purchase a marina and boatyard that has been in the same family since 1974.
Conanicut Marina & Boatyard consists of two physical locations - a marina and a boatyard in Jamestown, RI. The marina, which is located on Jamestown's waterfront, consists of 4,500 linear ft. of dockage for boats up to 225-ft in length and two mooring fields with 150 permitted moorings. Ancillary services include a fuel dock, a marina office (with retail potential) adjacent to the marina docks, restrooms, and haul-out. Jamestown's downtown provides restaurants and shopping. There is also a seasonal ferry that runs out of the marina across the bay to Newport (ferry operation is NOT part of the sale).
The boatyard, which is located 0.8-mile to the north, occupies approximately five acres and has four buildings totaling 39,000 sq. ft. The boatyard serves multiple functions including offering full-service boat repair, winter storage (inside and out), and parking during boating season with a sprinter van taking customers back and forth from the private lot to the marina docks. The ability to provide private parking is a significant feature as the only public parking near the marina is short-term nature.
Qualified parties can register to receive information at the following landing page https://cloud.usa.colliers.com/conanicut . Please contact Andrew Cantor with any questions.
Broker of Record: Kevin Phelan Colliers International New England LLC
- Rare opportunity to purchase a asset that has not been on the market since 1974
- Unmatched location on the Narragansett Bay in highly desirable Jamestown, RI proximate to Newport, Block Island, Martha's Vineyard and Nantucket
- 4,500 linear feet of dockage. Wet slips are 100% leased in slips creating future rate increase opportunity for new owner
- Strong boating market and boating culture. Other facilities are primarily moorings (versus wet) and 100% occupied
- Opportunity for new owner to increase moorings occupancy, which has lagged market occupancy of 100%
- Limited existing competition with very high barriers to entry for new facility development
- Qualified parties can register to receive information at the following landing page https://cloud.usa.colliers.com/conanicut
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
Rental Market Overview
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