Commercial Real Estate News
Acquisition & Disposition
All Seasons Marine Works Cruises into a Third Connecticut Location
Norwalk, CT – September 16, 2015 – Les Fradkoff, Senior Vice President of Angel Commercial LLC, a Southport-based commercial real estate brokerage firm, announces the sale of a 4,064 SF, two-story commercial building on 0.26 acres at 64 Van Zant Street, Norwalk for $650,000 to TGN Van Zant LLC, operating as All Seasons Marine Works. All Seasons Marine Works offers sales, services and storage of outboard boats in Fairfield County and surrounding areas. They began trading in 1995 at the old White Bridge in Rowayton. In 2003 the company opened a second facility at the former Coastwise Marine on the Saugatuck River in Westport. These locations have a showroom, service facilities, rack storage, and dock spaces on the water.
Nathan Gottlieb, Sales/Westport General Manager of All Seasons Marine Works, states, “We are excited to increase our capacity for our growing client base. This property is nicely located near the public launch ramp in Norwalk and near many marine facilities in the area. We look forward to making a positive mark on the community.”
The new location on Van Zant Street will undergo renovations to house part of the service, storage and new and used boat sales operation. The second story will be converted into two residential apartments.“64 Van Zant is an ideal property for All Seasons to expand their storage and repair business into. The residential units are a great way to generate additional income and are in a fantastic location, just across the street from the East Norwalk Rail Station”, comments Fradkoff who represented the seller and the buyer in the transaction.