237 Main St Niantic, CT 06357-1016

Exceptional opportunity to acquire a thriving 32-unit motel in Niantic, Connecticut. This established property boasts 100% occupancy and offers immediate access from I-95, providing unparalleled convenience for travelers. Situated in a desirable location, the motel is within walking distance of restaurants, beaches, and parks. Downtown Niantic, with its vibrant array of shops, restaurants, theaters, marinas, and other attractions, is just minutes away. Golf courses are also conveniently nearby. The property's strategic location provides easy access to various transportation options, including ferries to New York and Block Island, train service, and major roadways. It's ideally positioned midway between New York and Boston, offering convenient access to travel by land, sea, rail, or air. New London is just 10 minutes away, while Old Saybrook is 10 minutes, casinos are 20 minutes, Mystic and Rhode Island are approximately 30 minutes, and Hartford is less than an hour away. This single-story building presents a compelling investment opportunity in a high-demand tourist area. The asking price is $3,150,000.