Shagwong Marina in East Hampton, New York, is on the market for $7,995,000 USD as a turnkey waterfront property featuring wet slips, a marina building, waterfront lawns and supporting facilities on Three Mile Harbor.

The 2.3-acre property includes a 40-slip marina located in a deep-water section north of East Hampton Village. New bulkheads, updated signage and waterfront lawns add to the site, while onshore facilities include parking areas and a two-storey marina building with office space, bathrooms, showers and laundry facilities.

Shagwong Marina sits within a waterfront community known for its dining and leisure destinations, near Si Si Restaurant, Maidstone Harbor Marina, EHP Resort, Three Mile Harbor Marina, Round Swamp Farm, FRANKIE’S Fabulous, Nick & Toni’s and East Hampton Grill.

The property also has WF zoning, which allows for potential further uses at the site. These could include food and beverage partnerships, events on the waterfront lawns, upgrades to the slip and boat rental business, as well as possible renovation or repositioning of the marina building.

Hamptons Commercial Real Estate described the property: “Shagwong Marina represents an incredibly rare play to acquire a highly coveted, turnkey waterfront asset in the heart of East Hampton... This one of a kind property offers an incoming investor an immediate, stable footprint in one of the most affluent and exclusive real estate markets on the East Coast.”

Images from Hamptons Commercial Real Estate.