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newsApr 15, 20261:27

Black Hall Marina Sold for $1.8M

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Shawn Summers, a real estate investor, purchases Black Hall Marina in Old Lyme for $1.8 million from Jolly Roger Enterprises. The 0.85-acre property includes a 3,800 sq ft building with retail space, a one-bedroom apartment, a boathouse, and 56 slips on the Black Hall River. Summers plans to maintain the marinas operations, with local brokers Gino Penasa and Tim Bray facilitating the deal. The seller, Eugene Chmiel, also offloaded the business and provided $1.29 million in seller financing.

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Black Hall Marina Sold for $1.8M

Hartford News Today | 2 Min News | The Daily News Now!

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Hartford News Today | 2 Min News | The Daily News Now!Black Hall Marina Sold for $1.8M. Machine-transcribed; use the interactive transcript above to jump the player to any line.

It's April 15th, from your city to your ears. This is Hardford News today, powered by AI. A marina and old lime that's all about small boats and paddle sports just changed hands for $1.8 million. Sean Summers, a real estate investor from Wilburham, Massachusetts, snapped up the spot at 132 Shore Road from Jolly Roger Enterprises. Run by Eugene Schmiel out of Clinton. Deed hit the books on March 26th. The 0.85 acre property packs a 3,800 square foot building with kayak showroom and retail on the lower floors. Plus a one bedroom apartment up top. There's also a boat house by the docks for events and camps and three docking zones holding 56 slips total on the Black Hall River right where. It meets the Connecticut River and Long Island Sound. Summers plans to keep things rolling just like Mailliel did. No big shakeups to the setup that's been thriving. Local brokers, Geno Panasa and Tim Bray from Seaport Real Estate Services made the deal happen and called it a perfect fit, especially with the seller.

Sticking around for support. On top of the land sale, Schmiel offloaded the business itself for some undisclosed amount and threw in $1.29 million of seller, financing backed by a mortgage on the property. This keeps Black Hall Marina steady for boaters and paddlers in the area, preserving that Riverside Vive without missing a beat.

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