228 North Water Street Stonington, CT $ 8,500,000
228 North Water Street
$ 8,500,000
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228 North Water Street

Stonington, CT, 06378
$ 8,500,000
Bedrooms-- Baths1.4 Sq 7,000

Monthly Estimate*

$ 58,707

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Commercial Property for sale in Stonington, CT

for $8,500,000 with 1 full bath, 4 half baths. This 7,000 square foot building was built in 1940 on a lot size of 4.7.

A rare opportunity to acquire an established waterfront marina and marine-services business in desirable Stonington, Connecticut. Don's Dock has been a longtime fixture in the local boating community, founded in 1979, but expanded over the past two decades, to greater slip capacity (now 200), more summer and winter dry storage (now 400 spaces) and an 5,000 sq ft of industrial commercial space. Additionally, there are many other income streams: there are 62 seasonal storage lockers, 11 moorings, marine gasoline sales and several other additional commercial rental spaces. Existing building tenants include a woodworking shop, tackle shop and marine repair operation. Whether you are looking to expand your investment portfolio or embark on an exciting new adventure or career, Don's Dock is ready for its next chapter-and its next steward. With a strong foundation built over decades and hundreds of established customer, this is an opportunity to step into an established business with deep toots in the community. Become part of the rich history, character, and enduring appeal of Stonington's working waterfront and marine industry. For those who know the strength and value of Southeastern CT's marine market, and opportunity like this--at this price--is not likely to last long. More detailed info to come...

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Commercial Active

Price

$ 8,500,000

Full Bath

1

Half Bath

4

Property Type

Commercial

Taxes

$ 32,878

Style

Lot Size

4.7

Year Built

1940

Town/City

Stonington

MLS | Web ID

24209221

Features
General
Zoning MC-80
Neighborhood Stonington Borough
County New London
Tax Year July 2026-June 2027
Location Suburban
Property Type Commercial For Sale
Status Active
Acres 4.7
Directions Rt 1 to A1A (North Water Street) towards Stonington Village/Boro. Don's Dock is on right.
City Stonington
Sq Ft Total 7000
DOM 1
Year Built 1940
Present Use Marina
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Interior
Utilities Available Electric Cable
Cooling System Split System
Total Rooms 0
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Exterior
Water Source Public Water Connected
Lot Description Some Wetlands Level Lot
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* Excluded Features
List By
Ann Bergendahl

Listing Agent

Willow Properties

Broker

ann@willowprop.com

Email

Affordability Calculator

$61,447
Per Month
96%
4%
0%
Monthly Principal & Interest
$58,707
Monthly Property Taxes
$2,740
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/11/2026$8,500,000 Listed Price

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228 North Water Street, Stonington, CT, 06378 is a Commercial Property for sale at $8,500,000 with 7,000 sqft and a lot size of 4.7. 228 North Water Street has 1.4 baths and was built in 1940. The property's zip code is 06378 which is in Stonington, CT