sold tiverton marina for $475,000
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4/10/2017 Sold: Tiverton Marina for $475,000 Tiverton, RI Patch
https://patch.com/rhodeisland/tiverton/soldtivertonmarina475000 1/7
Real Estate (/rhode-island/tiverton/real-estate)
Sold: Tiverton Marina for $475,000The o音�er was for the full asking price, the realtor said.By Margo Sullivan (Patch Sta音�) - (https://patch.com/users/mago-sullivan) April 7, 2017 9:56 pm ET(http://my.patch.com/article/27019416/edit)
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4/10/2017 Sold: Tiverton Marina for $475,000 Tiverton, RI Patch
https://patch.com/rhodeisland/tiverton/soldtivertonmarina475000 2/7
TIVERTON, RI—A 14slip marina located at 211 Riverside Drive in Tiverton has been sold for $475,000, according to
Lila Delman Real Estate International. The figure is full asking price, and the property spent limited time on market.
Located 800 feet from the Sakonnet River Expressway with prime visibility, the commercial waterfront property has
1,182 square feet of retail space and 15 onsite parking spaces.
“A hidden gem, this 14slip marina on sheltered deep water in the Tiverton Waterfront District sold immediately with
backup offers, which speaks to the demand for income producing maritime properties,” said listing agent Greg
Arakelian, Lila Delman Real Estate International.
This is the second marina on the Sakonnet River Arakelian has sold in the last 2 years. He sold a 44slip marina in
Portsmouth in April, 2015 for $1.1 million.
“Lila Delman Real Estate International has been recognized for many years as the preeminent broker for luxury
residential real estate in Rhode Island, and it is exciting to be a part of its effort to expand our presence in the
commercial market.” continued Arakalian.
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4/10/2017 Sold: Tiverton Marina for $475,000 Tiverton, RI Patch
https://patch.com/rhodeisland/tiverton/soldtivertonmarina475000 3/7
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4/10/2017 Sold: Tiverton Marina for $475,000 Tiverton, RI Patch
https://patch.com/rhodeisland/tiverton/soldtivertonmarina475000 4/7
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4/10/2017 Sold: Tiverton Marina for $475,000 Tiverton, RI Patch
https://patch.com/rhodeisland/tiverton/soldtivertonmarina475000 5/7
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cid=prt_patch_listings_web_forSale)
(http://www.realtor.com/realestateandhomes-detail/320-East-Rd_Tiverton_RI_02878_M32486-05571?
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4/10/2017 Sold: Tiverton Marina for $475,000 Tiverton, RI Patch
https://patch.com/rhodeisland/tiverton/soldtivertonmarina475000 7/7
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