Incredible development opportunity in Westbrook's shoreline area-ideal for builders, investors, or developers. This offering includes two parcels (MLS #24124260 and MLS #24129413) with potential for a 33-unit residential project featuring one-bedroom, one-bath units with dens. Concept plans envision 10-13 units on Trolley Road and 23 units on Salt Island Road, creating a boutique coastal community. Walk to town, train, and Middle Beach-a highly desirable walkable location close to shopping, dining, and commuter routes. Land is ready for redevelopment, offering excellent potential for multifamily, condo, or rental housing. A rare chance to develop in one of the Connecticut Shoreline's most sought-after areas.
This attractive property consists of a 4,300sf commercial space located on a 0.96 acre lot. The site is easily accessible via a wide entrance from Route1/Boston Post Road, featuring 6-10 foot garage doors ideal for accommodating large vehicles. A traffic light at the intersection with Grove Beach Road further facilitates convenient access from Route 145 to Route1. In addition, to its logistical advantages, the location offers proximity to multiple boat launch ramps along Route1, supporting marine access. The site is also well served by convenient amenities, fast food outlets, gas stations, liquor stores and supermarkets. The proposed expansion of the site aims to enhance operations for the existing boating and maintenance businesses. This includes growth of boat sales and service capacity already underway. According to MacCormack Appraisal Services, approximately 30% of the lot is suitable for development, increasing the appraised value of the property to approximately $3.7 million.
NEW PRICE!!! Anglers and investors take notice, opportunity to own Pier 76 - Westbrook's first Marina established in 1948. The marina is situated on 10.71 acres and features two mix use buildings totaling 5244 sq/ft and 15 docks with 256 slips accommodating both power boat and jet ski vessels up to 26' in length. Well known for its commitment to customer service and local reputation, Pier 76 abuts Old Boston Post and Hammock Road. Westbrook is well known for its rich nautical history and was home to the original inventor of the submarine. The marina is a local favorite, and nestled on the Patchouge River. It's proximity to Long Island Sound is unmatched - offering anglers the ability to become immersed within Long Island Sound within minutes of leaving the dock. Once in Long Island Sound anglers have the option to boat West to Clinton and dock at award winning restaurants (Aqua or Lobster Landing) explore east of Old Saybrook and CT River and travel to Rhode Island/Block Island, and West to Greenport and Long Island. In addition to the 15 docks featuring 256 boat and jet ski slips, Pier 76 offers its clients (Storage, Winterization/Winter Storage, and Boat Repair/Maintenance. The first retail building is the business' main office with 2464 sq/ft living space. The additional two story building features 4,448 sq/ft and a living area of 2,780 sq/ft. Owner holds building concept plans for potential redevelopment of 40 unit condo complex (16 one bedroom, 24 2 bedroom units).
Westbrook is located in Connecticut. Westbrook, Connecticut has a population of 6,800. Westbrook is less family-centric than the surrounding county with 17.24% of the households containing married families with children. The county average for households married with children is 27.85%.
The median household income in Westbrook, Connecticut is $64,695. The median household income for the surrounding county is $90,833 compared to the national median of $69,021. The median age of people living in Westbrook is 54.5 years.
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 22.7 degrees. The average rainfall is approximately 47.3 inches per year, with 26 inches of snow per year.
