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EXECUTIVE SUMMARY
Rare opportunity to acquire O.B. Yachting Center, a 1.25 acre, deep water marina in Warwick Cove, one of the most protected harbors on the Narragansett Bay, conveniently located between Boston and New York, and minutes to T.F. Green International Airport. As the first marina at the mouth of Warwick Cove, it has direct access to Narragansett Bay and open ocean, and is centrally situated for blue water travel to all of New England's vacation destinations, local destinations include Greenwich Cove (15 minutes) and Newport Harbor (30 minutes). With approximately 2,500 linear feet of dockage and 85 slips ranging from 20 to 60 feet (permitted for 96), the marina also has a 43,000 SF boatyard for dry storage, a 1,900 sf marine workshop, a pro shop with two full bathrooms, a 2 bedroom residential rental, and 3 separate residential buildable lots. O.B. Yachting center melds a family atmosphere with resort amenities like picnic and barbeque areas with stunning panoramic water views, while being steps from a sandy beach and seaside dining. 6 parcels in total, 3 zoned Waterfront Business, and 3 residential lots.
PROPERTY FACTS Under Contract
| Price | $4,499,625 CAD | Lot Size | 1.35 AC |
| Price Per SF | $1,253.03 CAD | Building Size | 3,591 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1974/2004 |
| Building Class | C | ||
| Zoning | WB - Waterfront Business | ||
| Price | $4,499,625 CAD |
| Price Per SF | $1,253.03 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 1.35 AC |
| Building Size | 3,591 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1974/2004 |
| Zoning | WB - Waterfront Business |
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PROPERTY TAXES
| Parcel Number | WARW-000376-000375-000000 | Improvements Assessment | $566,290 CAD |
| Land Assessment | $593,018 CAD | Total Assessment | $1,159,308 CAD |
PROPERTY TAXES
Parcel Number
WARW-000376-000375-000000
Land Assessment
$593,018 CAD
Improvements Assessment
$566,290 CAD
Total Assessment
$1,159,308 CAD
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